May 3 Global air freight demand in March rose 14
percent, the strongest since October 2010, boosted by an uptick
in world trade and strong export orders, the International Air
Transport Association (IATA) said on Wednesday.
"Optimism is returning to the industry as the business
stabilizes after many years in the doldrums. There is, however,
still much lost ground to recover while facing the dual
headwinds of rising fuel and labor costs," said IATA Director
General and CEO Alexandre de Juniac.
Air freight demand, measured in freight tonne kilometres,
was primarily driven by increased shipment of silicon materials
used in high-value consumer electronics devices, such as
Available capacity rose 4.2 percent in March, meaning that
load factors rose by 4.1 percentage points to 47.4 percent.
Last week, Germany's Lufthansa reported its first
operating profit since 2008 due to improved demand at its air
(Reported by Evangelo Sipsas; Editing by Thyagaraju Adinarayan)