Air freight demand falls amid weak trade
Supply Chain Dive | March 11, 2019
Air cargo volumes in January, measured in freight tonne kilometres (FTK), were 1.8% lower than a year earlier. This marked the third straight month of negative YoY growth, according to the International Air Transport Association.These numbers are the result of "increasing headwinds to freight demand from the weakness observed in global trade," according to IATA. As demand dipped, capacity, measured in available freight tonne kilometres (AFTK), grew by 4%. This is the 11th month in which capacity grew at a faster rate than demand, according to IATA.