Air freight volumes declined, but growth should pick up in coming months–IATA

SCN News

Air Freight Market Analysis – March 2016

Released 4th May 2016

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

  • Air freight volumes declined in annual terms for the second consecutive month in March 2016, and rounded out the weakest opening quarter of the year since 2012.
  • Growth should pick up in the coming months as the US seaport disruption drops out of the annual comparison…
  • …but broad signs of softness mean that 2016 is shaping up to be another weak year for air freight.
  • Industry-wide capacity has continued to grow strongly as demand has fallen, keeping intense pressure on yields.
    Read full report

– IATA Economics –