Cargo Chartbook - Q3 2016
Released 26th October 2016
Key points from the IATA quarterly report on the air freight industry and markets:
- Global economic growth is expected to decelerate in 2016, expanding at its slowest pace since the financial crisis.
- World trade remains fragile and expected to grow slower than GDP, but air cargo outperforms.
- Sluggish trade outlook but expansion in export orders and strong consumer confidence may boost air cargo demand.
- Flooding-in of capacity, weak trade, lower yields and rising fuel costs are key risks for air cargo profitability outlook.
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