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Air freight volumes were broadly unchanged in August says IATA

Wednesday, September 30, 2015

Air Freight Market Analysis - August 2015


Released 30th September 2015


Key points from our full report on
air freight markets in August
:

 

 

  • Air freight volumes were broadly unchanged in August compared to a year ago, with FTKs 0.2% higher;
  • The August data shows a pause in earlier declines in air freight volumes, consistent with developments in world trade activity;
  • That said, the trend in air freight volumes and world trade has been in decline for the best part of 2015;
  • Asia Pacific continues to experience weakness, but declines in FTKs have eased up as trade to/from emerging Asia has stopped shrinking;
  • A slight improvement for European carriers (up 0.7%) also helped contain further industry weakness;
  • Recent improvements in Eurozone manufacturing business activity could finally be starting to support air freight demand;
  • Some of the conditions that led to the decline in world trade this year, including sluggish emerging market growth, are persisting;
  • There are some tentative signs that things won’t get worse – export orders have stabilized;
  • But if the current trend air freight volumes were to continue, we would see negative year-on-year comparisons in the coming months.
     

   Read full report

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