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
More Industry, Logistics & Shipping Stories
- Record line-up seen for Gulf Industry Fair
- Turkish firm eyes Iran petchem business
- Cavotec showcases at Dubai logistics expo
- Ecuador to boost UAE non-oil exports
- Alba moves to cloud with Microsoft
- Etihad Cargo posts record freight in Q4
- Dabbagh plans stake sale in lubricants arm
- Saudi Alkhabeer buys key stake in UAE packaging firm
- Kaloti breaks ground on Dubai gold refinery
- Drydocks World creates history in heavy lifts