By Beaven Dhliwayo.

Harare, Zimbabwe. (News of The South) – Global air freight markets showing that demand, measured in freight tonne kilometres (FTKs), rose 8.0 percent in January 2018 compared to the year-earlier period, according to the International Air Transport Association (IATA).
In a statement, IATA said this was up from the 5.8 percent annual growth recorded in December 2017.

It said freight capacity, measured in available freight tonne kilometres (AFTKs), rose by 4.2 percent year-on-year in January 2018.

IATA said the continued positive momentum in freight growth into 2018 reflects the fact that demand drivers for air cargo remain supportive.
It said global demand for manufacturing exports is buoyant and meeting this strong demand is leading to longer supply chain delivery times.
It said demand for air cargo may strengthen as a result, with companies seeking faster delivery times to make up for longer production times.



IATA director general and CEO Alexandre de Juniac said with 8 percent growth in January, it has been a solid start to 2018 for air cargo.

“That follows an exceptional year in which demand grew by 9 percent.

“We expect demand for air cargo to taper to a more normal 4.5 percent growth rate for 2018. But there are potential headwinds.

“If President Trump follows through on his promise to impose sanctions on aluminium and steel imports, there is a very real risk of a trade war. Nobody wins when protectionist measures escalate,” he said.

IATA represents some 280 airlines comprising 83 percent of global air traffic.

Total freight traffic market shares by region of carriers in terms of FTK are Asia-Pacific 37 percent, Europe 24.2 percent, North America
20.5 percent, Middle East 13.7 percent, Latin America 2.7 percent and Africa 1.9 percent.



0

Comments

comments

About Author

Latest News

Portraz Reviews 2018 Telecoms Service Tariffs

By Beaven Dhliwayo. Harare – The Postal ..

Closer Look At Bomb Blast At White City Stadium Bulawayo

The government must deploy more security ..

England And Kane Set World Cup Record

By Islam Sabulino. (News of The South) – ..

England 6 Panama 1 – Stones, Linguard Sparkle As Kane Hits Treble

Milton Mashasha Sports Reporter. (News of ..

Like Us On Facebook

SUBSCRIBE: YouTube Channel

Whizz Kid 11 Year Old Joshua Ngoka Builds Computer

London, United Kingdom. – AN 11-YEAR-OLD ..

Forget Motivational Stories: Write Your Own

By Pearson Mbendera I have read a lot of ..

Winky D Shines At First Ever Zim Dancehall Awards

By Daniel Muzana Zimbabwe`s Winky was the ..

Vast Outcry For The Prodigal Son

Milton Mashasha Sports Reporter in Byo,Zim ..

A Story Of Love As Kenya Mourns The Westgate Mall Massacre

By Anoziva Marindire   The Nairobi Westgate ..

Inconsistency Costs The Chevrons Against Afghanistan

By Perkins-Tino Bare. Harare, Zimbabwe. (News ..

Portraz Reviews 2018 Telecoms Service Tariffs

By Beaven Dhliwayo. Harare – The Postal ..

Closer Look At Bomb Blast At White City Stadium Bulawayo

The government must deploy more security ..

England And Kane Set World Cup Record

By Islam Sabulino. (News of The South) – ..

England 6 Panama 1 – Stones, Linguard Sparkle As Kane Hits Treble

Milton Mashasha Sports Reporter. (News of ..

White City Stadium Now Deserted After Bomb Blast

Bulawayo.- (News of The South)- White City ..

Bomb Blast At White City Stadium During President Mnangagwa’s Address

From Mabasa Sasa in Bulawayo. Zimbabwe. – ..

Murderer Kombian Returns To The Docks

Ghana`s notorious robber, Johnson Kombian, ..

Leaked Alangizi Video: Defending Alangizi, My Testimony

By Musamba Mumba Too much crap has been said ..

Eritrea Human Rights Abuses Highlighted At UN Review

Geneva – Eritrea was on Monday accused ..

Zimbabwe Communist Party Blasts Opposition Parties

By Munesu Chigada Harare, Zimbabwe (News ..

Mandatory Circumcision of Inmates In Prisons

By By Mutinta Moono Hanyama (Zambian Eye) ..

Industry Lacking Policy Synchronisation

By Wisdom Mumera (News Of The South) – ..