However you read it, air cargo growth is flat-lining – but the writing was on the wall

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There has been some disappointment over miserable IATA figures released today – but the writing has been on the wall for some time.

Volumes may have grown, space got a little tighter in the past couple of months. But IATA’s figures show air freight growth is flat, up just 0.5% in October, year-on-year.

This fell to a mere 0.2% for Europe’s carriers, which actually have led recent improvements in growth. North America suffered a depressing 2.4% fall in volumes, while Latin America ...