Civil Aviation Resource Network January 15, 2018 News: International Air Transport Association (IATA, hereinafter referred to as “IATA”) released the latest global air cargo data show that in November 2017 the global air cargo demand (in terms of tons of freight tonnage) An increase of 8.8% over the same period of last year, which is an increase from the 5.8% growth rate in October 2017. Although a number of indicators indicate that cyclical peak growth in air cargo has passed, cargo demand remains strong.
In November,China Logistics cargo capacity (calculated on the basis of available cargo tonne-kilometers) increased by 4.0% over the same period of last year. Cargo demand growth exceeded capacity growth for 16 consecutive months, boosting load factor, revenue and financial performance.
The growth of freight demand is closely linked with the arrival of the traditional peak season in the fourth quarter. The robust air cargo performance in November achieved the strongest operating and financial results since the global financial crisis hit a bottom in 2010. The Global Purchasing Managers Index (PMI), which measures manufacturing and export orders, flattens most of 2017, reaching its highest level in seven years in the fourth quarter, meaning the uptrend will continue into 2018.
Alexandre de Juniac, IATA Chairman and CEO, said: “Demand for air cargo remained strong with an 8.8% YoY increase in November and continued strong demand in 2017, A number of indicators have shown that air cargo will continue to improve in 2018, especially as consumer confidence index is bullish, global e-commerce continues to grow and the global economy is recovering broadly, and we have reason to believe that air cargo Be optimistic about the new year. “