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IATA: air freight growth dips sharply for May

Geneva, Switzerland - While passenger traffic grew 6.0%

"The International Air Transport Association (IATA) released international traffic data for May that showed a significant drop in cargo growth to 1.3% while passenger traffic grew 6.0%. At 1.3%, cargo demand is considerably down from the 4.3% recorded for the full year 2007. For the first five months of 2008, air freight volumes were up 2.8%. The biggest cause of the slow growth came from a 0.5%...

fra/pec - 1091802

AVIONEWS - World Aeronautical Press Agency
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