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Air Freight Market Analysis - June 2019

IATA have issued their latest air freight market report

Key points include: 

  • Industry-wide freight tonne kilometres (FTKs) fell by 4.8% year-on-year in June; the 8th consecutive month of negative annual growth.
  • The weakness in air freight volumes compared with a year ago remains broad-based across regions, with the largest falls coming from the Middle East and Asia Pacific. Africa was the only region to record positive year-on-year growth this month.
  • Growth in industry-wide capacity lifted somewhat in June to a still moderate 2.6% year-on-year. The freight load factor is 3.5 percentage points lower than its level of a year ago. 

Follow the link to read the full report.