International air cargo demand ticked up in June by 2.3 percent, when compared to June 2013, after showing a 4.9-percent rise in May, according to the latest figures from the International Air Transport Association.
June capacity rose by 2.6 percent.
So far this year, demand has risen by 4.1 percent and capacity is up by 3.6 percent, when compared to the same period in 2013. IATA noted that these numbers show significant improvement over 2013’s results, where year-end demand only showed a 1.4-percent increase, when compared to 2012.
“At the half-way point of the year, it is clear that overall cargo demand is much stronger than in 2013,” stated Tony Tyler, IATA’s director general and chief executive officer. “Carriers in Asia-Pacific and the Middle East have been the biggest beneficiaries of the improved market conditions. Europe is doing reasonably well, albeit still in recovery mode. The weak spot is the Americas.”
The amount of freight carried by North American airlines inched down by 0.1 percent in June, as capacity fell by 1 percent. For the first six months of the year, volumes are up by 1.6 percent, year-over-year. The organization said these weak results could have been skewed by the extreme weather during the first part of the year, and IATA said it expects better numbers in the coming months.
Asia-Pacific airlines experienced a 4.9-percent increase in activity during June, as capacity rose by 4.3 percent, and Middle Eastern growth ended the month at 7 percent on and 8.6-percent capacity increase.