The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.0 percent in January 2018 compared to the year-earlier period. This was up from the 5.8 percent annual growth recorded in December 2017.
Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 4.2 percent year-on-year in January 2018.
Asia-Pacific airlines saw demand in freight volumes grow 7.7 percent in January 2018 and capacity increase by 2.2 percent, compared to the same period in 2017. The increase largely reflects the ongoing strong demand experienced by the region’s major exporters, China and Japan which has been driven in part by a pick-up in economic activity in Europe. However, the upward-trend in seasonally-adjusted volumes has paused.
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