28 Aug 2009

World airline cargo down 11% in July

5:43 am on 28 August 2009

Figures issued by the International Air Transport Association show airlines carried 11% less cargo and almost 3% fewer passengers in July, than in the same month a year ago.

But the global industry group says the decline was less than in June, and compared with the previous month both measures actually increased by more than 3%.

IATA says the figures are a good indicator of the health of world trade.

It says there are signs a recovery in demand for air transport has begun, although it believes there are good reasons to expect the path of further recovery to be volatile.