The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometres (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five-year average growth rate of 3.8%. Freight capacity, measured in available freight tonne kilometres (AFTKs), grew by 5.2% year-on-year in May 2017. The continued growth of air freight demand is consistent with an improvement in world trade. This, in turn, corresponds with new global export orders remaining

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