According to the International Air Transport Association (IATA), the demand of global airfreight grew more than 9 % last year - a growth increase that is twice as high as the previous year. In comparison with the general demand for global trade of goods, the demand for global airfreight surpassed the growth by twofold.
Q1 in 2018 continued to show global growth of air freight across all trade lanes. However, not at the same pace as seen during end of 2017. In fact, March was the first month in 20 consecutive months, where the annual pace of capacity growth exceeded demand.
