Five-year Forecast Shows Improved Outlook for Air Cargo

Geneva - The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a compound annual growth rate (CAGR) of 4.1% over the next five years. Emerging economies, particularly in the Middle East and Africa, will be the fastest-growing markets. International Freight Developments: The Middle East is forecast to be the fastest growing region over the forecast period with a CAGR of 4.7%. The second-fastest...

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