April 5 Demand for global air freight rose 8.4
percent in February, accelerating after a 6.9 percent rise in
January and reflecting improving world trade, the International
Air Transport Association (IATA) said on Wednesday.
Demand, measured in freight tonne kilometres, also grew
faster than capacity, which shrank 0.4 percent. That meant load
factors improved 3.5 percentage points to 43.5 percent and gave
yields a boost, IATA said.
Adjusted for the extra day from 2016's leap year, demand in
February rose 12 percent, the association added. Demand was also
driven by increased shipments of semiconductor materials used in
"February further added to the cautious optimism building in
air cargo markets," IATA Director General Alexandre de Juniac
said in a statement. "While there are signs of stronger world
trade, concerns over the current protectionist rhetoric are
still very real."
(Reporting by Bartosz Dabrowski; Editing by Victoria Bryan)