Cargo Chartbook - Q4 2016
Released 8th February 2017
Key points from the IATA quarterly report on the air freight industry and markets:
- Industry wide FTKs grew 3.8% in 2016, the 2nd highest growth rate since the 2010 rebound after the GFC
- Global economic growth is expected to accelerate moderately in 2017, however world trade remains fragile
- But expansion in export orders and strong consumer confidence may boost air cargo demand
- Air cargo profitability outlook under strain due to increase in capacity and rising fuel costs
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