Airfreight markets continue recovery
The International Air Transport Association (Iata) has released data for global airfreight markets in February showing a 2.9% increase in demand compared to February 2013. The first two months of 2014 have seen an overall 3.6% improvement in demand over the previous year. This continues the strengthening in cargo markets which began in H2/2013.
Most of the growth in cargo volume in February this year was realized by airlines in the Middle East and Europe. The carriers there recorded an upsurge of 11.9% and a 5.5% respectively compared to the same month in 2013.