News / North America’s gain was Asia’s loss last year as air freight demand softens

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Just as the TAC Index showed a slight rebound in air freight rates this week, despite Chinese new year, IATA noted 2018 growth of 3.5%, with a softening at the end of the year.

As shown elsewhere, air freight demand softened in December, down 0.5%, showing the slowest pace of growth since 2016.

For the whole year, freight tonne km (FTK) grew 3.5% however; not bad after 9.7% growth in 2017. But it was weaker than the forecast of 4.1%. International FTKs ...