Executive Briefings

Air Cargo Bounces Back, and Industry Execs Are Confident About Near Term

Before the volcanic ash plume interrupted progress in April, cargo markets had been rebounding very strongly in the first quarter. But load factors are back to pre-9/11 utilization rates, yields are rising and the threat of capacity surge appears to be diminishing, according to a Q2 report on airfreight from the International Air Transport Association.

Cargo profitability is back to pre-recession levels in the U.S., and the heads of cargo report a high level of confidence. Risks and geographical differences remain, but the overall situation for the air cargo business looks better than it has done for two years.

A detailed breakdown is available free from the IATA website.

Source: IATA

Before the volcanic ash plume interrupted progress in April, cargo markets had been rebounding very strongly in the first quarter. But load factors are back to pre-9/11 utilization rates, yields are rising and the threat of capacity surge appears to be diminishing, according to a Q2 report on airfreight from the International Air Transport Association.

Cargo profitability is back to pre-recession levels in the U.S., and the heads of cargo report a high level of confidence. Risks and geographical differences remain, but the overall situation for the air cargo business looks better than it has done for two years.

A detailed breakdown is available free from the IATA website.

Source: IATA