IATA releases Cargo Market Analysis

IATA has published its latest quarterly Cargo Market Analysis. The report states that global growth continued to perform below its potential – “new mediocre” growth is now the new reality. Growth in FTKs had positive momentum since 2H2015 and into January of 2016 but subdued expectations on export orders and poor performance of semi-conductor shipments point to downward pressure for air cargo growth in the short term. In the medium term, strong consumer confidence and lagged impact of lower oil prices leave room for cautious optimism. Lower oil prices have brought freighter capacity out of storage, which can put further