'Where's Willie?' is the cry as WCS ends and IATA looks increasingly irrelevant
The Buddenbrooks effect, outlined in the eponymous 1901 novel by Germany’s Thomas Mann, describes how ...
Air cargo yields have risen at their fastest annual pace since 2010, rising 7.9% in July. In fact, IATA’s latest cargo chartbook shows that – as expected – air freight demand has continued strong in the second half, with FTKs seeing 11.8% growth in July, another record since 2010. As ever, IATA can’t resist a cloud, and it notes that “signs suggest that the cyclical upturn in FTK growth may be nearing a peak – not least the fact that the inventory-to-sales ratio has stopped falling”.
Regionally, July saw a strong pick-up from North American airlines, but cargo throughput grew considerably at a number of key airports around the world, although Abu Dhabi once again bucked the trend, with volumes down 5.9%. You can see the full results here.