Airfreight demand hits record high

The International Air Transport Association (IATA) has revealed global airfreight demand grew 6% in August, its strongest rate of growth for 16 months.

IATA believes the recent improvement in growth is due to airlines possibly winning back market share from other transport modes.

The global body has attributed this to airlines offering competitive pricing and operations.

"The trend of increasing load factors is a concrete example of how aviation's business and environmental goals are aligned with efficiency as a common denominator," said Giovanni Bisignani, director general and CEO, IATA.

"As governments continue to squabble over emissions trading in the aftermath of the triennial Assembly of the International Civil Aviation Organization, the industry is getting on with the business of meeting consumer demand with ever-improving environmental performance," he added.

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