Air freight growth rises 14.4 pct yr/yr in Oct – IATA

GENEVA, Nov 25 (BestGrowthStock) – Growth in international air cargo
ticked up in October after falling since May to show a 14.4
percent year-on-year rise, 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.
(Reporting by Jonathan Lynn)

Air freight growth rises 14.4 pct yr/yr in Oct – IATA