Executive Briefings

Continued Growth Predicted for World Airfreight Market

World scheduled airfreight traffic, measured in freight tonne kilometers, is expected to grow by 3.7 percent in 2014, according to the International Civil Aviation Organization.

Continued Growth Predicted for World Airfreight Market

Airfreight traffic grew by 0.4 percent in 2013, and is expected to increase by 4.2 percent in 2015 and 4.4 percent in 2016.

World trade in real terms, measured by exports and imports volumes, will grow by 4.2 percent in 2014, up from the 2.2 percent in 2013, according to IHS Global Insight, a financial analysis company.

The Middle East is expected to remain the fastest-growing region in 2014, with an estimated growth rate of 12.1 percent. Growing world trade activities and the strong performance of Middle East carriers in international markets should provide a solid base for the region’s freight traffic growth, ICAO says.

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Airfreight traffic grew by 0.4 percent in 2013, and is expected to increase by 4.2 percent in 2015 and 4.4 percent in 2016.

World trade in real terms, measured by exports and imports volumes, will grow by 4.2 percent in 2014, up from the 2.2 percent in 2013, according to IHS Global Insight, a financial analysis company.

The Middle East is expected to remain the fastest-growing region in 2014, with an estimated growth rate of 12.1 percent. Growing world trade activities and the strong performance of Middle East carriers in international markets should provide a solid base for the region’s freight traffic growth, ICAO says.

Read Full Article

Continued Growth Predicted for World Airfreight Market