Annual global air freight volumes decline, but pressures are easing

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 13^th 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.