International air cargo activity in July rose by 5.8 percent, year-over-year, after a 2.4-percent, year-over-year growth rate in June, according to the International Air Transport Association.
IATA noted that the July results are greater than the last July peak, which was measured in 2010.
Total capacity grew by 2.9 percent, year-over-year, leading to a total load factor of 44.4 percent. So far this year, activity is up by 4.4 percent and capacity has grown by 3.5 percent.
“Overall, July saw growth accelerate. That’s good news and it reflects the continued strengthening of business confidence at a global level,” Tony Tyler, IATA’s chief executive officer and director general, said in a statement. “But the air cargo industry is moving at two speeds with a sharp divide in regional performance.”
Tyler noted that European carriers saw 1.8-percent growth during the month on a 4.4-percent expansion of capacity, while North American carriers experienced a 5.2-percent increase in freight tons carried. Middle Eastern carriers saw activity rise by 9.4 percent; Latin American cargo was up by 7.6 percent; and cargo in the Asia-Pacific region grew by 7.1 percent.