Saturday 23 June 2018

Air freight grows 14.4pc in October

Geneva, November 25, 2010

Growth in international air cargo ticked up in October, after falling since May, to be 14.4 percent higher year-on-year, the airline industry body Iata said on Thursday.

Iata said freight -- an important indicator of world trade and hence economic recovery -- to be at a turning point although it was too soon to say whether the uptick marked a new trend.

Passenger traffic was 10.1 percent higher in October than a year earlier, the International Air Transport Association said in its monthly analysis of air traffic. - Reuters

Tags: Iata | cargo | air freight |

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