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In August, freight tonne kilometres soared 12.1 percent year-on-year and available freight tonne kilometres rose 4.7 percent compared to the corresponding month in 2016, according to International Air Transport Association (IATA).

With the exception of Latin America, all regions reported growth in demand for the period under review, with African airlines reporting a 29.4 percent increase in freight volume in August and a 5.9 percent boost in capacity.

As well as highlighting that air cargo had another stellar performance in August, Alexandre de Juniac, CEO, IATA, revealed, […] Rapid growth in cargo demand means that cargo capacity is now growing in response to real cargo demand rather than automatically as carriers responded to passenger demand […].”