Change of dynamic: air freight demand now 'the reverse of three weeks ago'
Air freight demand is expected to plummet as consumers in Europe and the US are ...
This news does now feel a bit old – but that has been the nature of traditional air cargo data releases (until recently). Does it matter any more that IATA’s November air freight figures were down 1.1% year on year? That battle has already been won – or lost. Nevertheless, if you are looking for a trend, these figures show a 13th consecutive month of decline in air freight, with Europe the main positive contributor. However, as IATA noted, things are getting better, and “we could expect to record positive year-on-year growth rates again in the near future”.
Spoiler alert: new data, which we will publish later this week, shows that, indeed, air freight is now seeing some positive growth for a change.