News / Air cargo market needs strong second half as FTKs take a dive

© craig hastings

Freight tonne kilometres (FTKs) are down nearly 3% this year, according to the latest data from IATA.

The association has not yet downgraded its year’s forecast of 2% growth, but the second half will need to see considerably stronger demand to offset the weakness of the first six months. 

This weakness saw Lufthansa Cargo yesterday announce it is to cut capacity, but a spokesperson for the carrier told The Loadstar that any reductions would be temporary and flexible. 

“We will observe the market very closely and, based ...