Airfreight players eye new routes as demand on the transpacific nosedives
The sudden fall in demand for airfreight on the transpacific is beginning to trigger capacity ...
By Alex Lennane
Growth, growth, growth. The start of 2018 has been strong in air cargo – but there are some caveats which could see demand weaken over the year.
IATA reported that demand, measured in freight tonne km, rose 7.7% in the first two months of the year – the strongest start to a year since 2015, when the US west coast ports congestion saw container volumes shift to air.
Demand outstripped growth for the 19th consecutive month, with available FTKs rising 5.6%, boosting yields.
Worldwide yields grew ...
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