SIGNS OF STABILISATION IN AIR CARGO REFLECT GLOBAL LIFT: IATA

GENEVA – The International Air Transport Association (IATA) says global air freight demand statistics for January 2013 showing a stabilisation of air freight markets on the back of encouraging growth towards the end of 2012. Compared to the previous year, demand for air freight was apparently very strong, with a rise of 5.0%. However, the rise was from an exceptionally low base, caused by the timing of Chinese New Year, which occurred in February this year, skewing year-on-year comparisons as many Asian factories close (and last year the holiday period occurred in January).