Air freight grows 14.4pc in October
Geneva, November 25, 2010
Growth in international air cargo ticked up in October, after falling since May, to be 14.4 percent higher year-on-year, the airline industry body Iata said on Thursday.
Iata said freight -- an important indicator of world trade and hence economic recovery -- to be at a turning point although it was too soon to say whether the uptick marked a new trend.
Passenger traffic was 10.1 percent higher in October than a year earlier, the International Air Transport Association said in its monthly analysis of air traffic. - Reuters
More Industry, Logistics & Shipping Stories
- Hilco plans sale of seafood unit equipment
- Alessa unveils Qatar expansion plans
- Intermetal to build $20m furniture factory in Dubai
- Bahri wins top Arab shipping award
- Dubai Metro carries 33.3m commuters in Q1
- Sudan to sell stakes in four sugar plants
- Sabic sponsors industrial innovation award
- Emirates SkyCargo wins top carrier award
- Maaden reopens phosphate, ammonia plants
- GCC exports over 80pc of petchem production