Air cargo demand strengthens in July at fastest pace in 18 months

© Eric Gevaert

Air cargo growth in July rose 5% year-on-year  – the fastest growth since early 2015. But IATA has issued a health warning with this surprisingly pleasant news. FTK growth is only 3% over the year; July last year was pretty bad – in fact a low-point; and later results show that this momentum has slowed. And with political rhetoric increasingly set against trade liberalisation, IATA asks whether we are now passed the peak of “trade openness”? However – so as not to end on a bad note – load factors have stabilised and Europe’s international traffic is up 6.3% year-on-year.