Cargo Chartbook – Q3 2017
Released 18th September 2017
Key points from our quarterly report on the air freight industry and markets:
Annual growth in air freight tonne kilometres (FTKs) accelerated to 11.8% in the three months ended July.
Airline heads of cargo remain positive about the outlook over the year ahead, although indicators suggest that the current cyclical upturn in year-on-year FTK growth may be nearing a peak.
Rising cargo yields are helping to offset upward pressure on breakeven loads from increased input prices. Given the recent increase in freight loads and freighter utilization, this is supporting financial performance.
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