Puerto Rico set to achieve life science export potential
Air trade demand from Puerto Rico (PR) to mainland US reflects its growing life science ...
Both IATA and WorldACD have released their August data. As WorldACD noted: “Our story is in danger of becoming monotonous: with a year-over-year increase of 0.6%, August was the third month in a row showing minimal growth in worldwide air cargo volumes.” It added that there was a slight shift towards longer haul markets, and published a focus on India. IATA was a little more upbeat. It noted that growth measured in freight tonne kilometres was up 2.3% year-on-year, but the pace of growth was unchanged from July. Yields, however, “appear to be holding up”. You can see IATA’s full data here and WorldACD’s here.
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Alex Lennane
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