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ANALYSIS: Surging economies lifting air cargo demand

Of all the signs that the global economy is recovering after a prolonged post-crisis slump – rising employment, rising business confidence and even inflation – one sure indicator of better times can be found in air freight. Indeed, 2017 was an exceptional year for air freight demand, with industry-wide freight tonne kilometres (FTKs) rising year on year by 9%, the strongest year of growth since 2010. According to IATA, this surge was helped in part by a pick-up in global trade and economic activity; the association notes that the global goods trade also posted its strongest year of growth in six years.

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