News / Air cargo market looking 'lacklustre', despite approaching peak season

Source: WorldACD

The latest air freight data shows a weak market, despite gearing up for peak season, with IATA and WorldACD both describing it as “lacklustre”.

Volume growth for the 31 days of July was virtually flat, with World ACD recording an upturn in tonnage of just 0.5%. For IATA, measured in freight tonne km, recorded growth was 2.1%.

Even so, carriers continued to enjoy significant year-on-year yield growth – up 10.5% – although month-on-month yields dipped 2.2%, according to WorldACD.

“This year, it is 10 years since air cargo ...