Five-year Forecast Shows Improved Outlook for Air Cargo: IATA International freight volumes are expected to grow at a five-year CAGR of 4.1%. • The United States, China and the United Arab Emirates (UAE) will each be adding more than 1 million additional tonnes of freight by 2018 compared to today. The UAE will have replaced Germany as the third largest market. • The fastest growing international routes will be between the Middle East and Asia, at 6.2% per year. Within Middle East (4.6%), North America to South America (3.9%), and Europe to Southern Africa (3.8%), will also grow strongly. • Significant volume imbalances will continue. The imbalance in flows from Asia to North America is estimated to be 1.1 million tonnes in 2018, and from Asia to the Middle East the imbalance will be 0.6 million tonnes.
Posted on: Thu, 23 Oct 2014 01:19:53 +0000
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