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CSAFE Global



GENEVA: March 07, 2018. IATA reports air cargo demand rose 8.0 percent in January 2018 year-on-year, up from 5.8 percent in December, as freight capacity rose by 4.2 percent.

Kenya Airways LHRThe association says continued global demand for manufacturing exports is leading to longer supply chain delivery times and air cargo demand “may strengthen as a result”.

"With 8.0 percent growth in January, it’s been a solid start to 2018 for air cargo. That follows an exceptional year in which demand grew by 9.0 percent,” said IATA director general and CEO Alexandre de Juniac who added a warning: “If president Trump follows through on his promise to impose sanctions on aluminum and steel imports, there is a very real risk of a trade war. Nobody wins when protectionist measures escalate.”

As the Trump administration’s chief economic advisor announced his resignation on March 06, a spokeswoman today said she expected Trump to “sign something” by the end of the week. She didn’t say what.

With all regions reporting a January increase, Asia-Pacific airlines saw demand grow 7.7 percent; North American airlines’ volumes expanded 7.5 percent; European airlines posted a 10.5 percent gain; Middle Eastern carriers’ freight volumes increased 4.4 percent; Latin American airlines saw demand rise 8.0 percent and African carriers’ increased traffic by 12.9 percent year-on-year.

CSAFE Global




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