ACI said the increase, which continues a trend seen during the last three quarters, is due to a ramp up of domestic demand in many countries and an overall recovery in world trade. In the U.S., Memphis International Airport saw a 1.2-percent decrease in activity, year-over-year, as airports in the Asia-Pacific region saw the biggest gains.
“As we pass the year’s mid-point and look back over the last six months, it is impressive to see the continued resilience in air transport demand,” ACI World’s Economics Director Rafael Echevarne said in a statement. “The fragile state of the world economy, the recent geopolitical risks in Eastern Europe, and the Middle East and the Ebola outbreak in Western Africa represent significant downside risks for aviation. Thus, while there is an ongoing sense of optimism for the industry, one should be cognizant of these pitfalls.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now