Air freight industry sees more growth in July

The air freight industry received some positive news from the International Air Transport Association (IATA) this month.

The air freight industry received some positive news from the International Air Transport Association (IATA) this month, according to a report in Air Cargo World.

The IATA found that global air traffic improved in July when compared to last year, as freight tonne kilometers increased by 1.2 percent. In addition, the industry saw greater improvements than what was recorded in June.

"The growth is encouraging, particularly in Europe. However, it is premature to say that air cargo may be emerging from the doldrums of the past 18 months. The weakness in Asia-Pacific freight markets and the deteriorating political situation in parts of the Middle East give ample reason for continued caution," Tony Tyler, IATA's director general and CEO, said. 

Despite Middle East unrest, the region was the strongest in the world in July, experiencing nearly 15 percent year-over-year growth.

Individual carriers were also able to report good news. According to Air Cargo World, Air Seychelles, the national carrier of the Republic of Seychelles in Africa, carried 1.6 million tonnes of cargo in the second quarter of the year and earned $3.68 million in revenue. All told, this amounted to 279 percent year-over-year growth.

The news source attributed the growth to the larger capacity provided by an additional Airbus A330.

Freight shipping growth is good for business, but it can easily prove to be a nightmare if not accompanied by a proof of condition service like CargoSnapshot. This service provides transparency and accountability to users, resulting in more efficient service and satisfied customers.

Posted in Cargo

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