African airlines fly high with cargo on the back of a strong economy
Data released by the International Air Transport Association (IATA) for the global airfreight markets shows that the volumes were up 31.6 per cent, with a capacity increase of 7.6 per cent. PHOTO | FILE | NATION
African airlines have registered the fastest growth in freight volumes in seven years in the first half of this year, bouyed by strong trade lines between the continent and Asia.
Data released by the International Air Transport Association (IATA) for the global airfreight markets shows that the volumes were up 31.6 per cent, with a capacity increase of 7.6 per cent. This improvement contributed to a freight demand growth of 25.9 per cent in the first half of 2017 — the fastest in all regions.