Demand for global air freight likely to rise by 4.5 pc in 2015

Demand for global air freight grew 4.2 per cent in November last year as compared to same period in 2013 and is expected to rise by 4.5 per cent this year, driven by growth in cross-border trade, International Air Transport Association (IATA) said. The most significant growth was recorded by carriers in the Asia-Pacific and Middle East regions at 5.9 per cent and 12.9 per cent respectively. Carriers in these regions captured the vast majority of the global increase (93 per cent). "More...

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