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IATA reports slowdown in July air freight growth

IATA reports slowdown in July air freight growth

   Statistics compiled by Geneva-based International Air Transport Association show worldwide air freight traffic continued to grow below trend in July, with a 2.2-percent year-on-year increase in freight-ton kilometers.

   The marginal increase in July brought the average growth in January-July worldwide traffic to 3.5 percent.

   Compared to the same month a year ago, air freight traffic in July declined in North America by 0.7 percent, when measured in freight-ton kilometers. For January-July, growth in freight traffic in North America was flat.