Global air freight volumes increased 4.7% year-over-year in May, according to IATA’s air freight market analysis. Growth increased 1.5 points compared to April. Comparative year-on-year growth in FTKs was registered in all six world regions, the strongest occurring in the Middle East (up 9.3% year-over-year), Africa (up 7.2%), APAC (up 5.3%) and Latin America (up 4.9%). Total market AFTK capacity increased 4.3% year-on-year, delivering a global freight load factor of 45.1% for the month, down 0.3 points from April. IATA CEO Tony Tyler commented on the results: “After several months of wavering conditions, the outlook for global air cargo appears

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