Air Freight Demand Solid In January - IATA

March 7, 2016

Demand for global air freight rose in January at its fastest pace since April 2015, but with capacity rising, yields and load factors remain under pressure, IATA said.

Demand for air freight rose 2.7 percent in January, IATA said in its monthly traffic data.

"Despite this good start, the underlying weak trade performance makes it unlikely that growth will accelerate significantly in the coming months," the association said.

Available capacity rose 7 percent in the month, faster than demand, meaning that load factors fell 1.8 percentage points to 41.3 percent.

"It is good news that volumes are growing, but yields and revenues are still under tremendous pressure," IATA head Tony Tyler said in a statement.

(Reuters)