Middle Eastern carriers saw 15.3 per cent year-on-year demand growth for air cargo in May, as per the IATA’s latest data. “The Middle East–Europe market performed well with 33.8 per cent annual growth, ahead of Middle East-Asia which grew by 18.6 per cent year-on-year while May capacity increased 2.7 per cent year-on-year,” Willie Walsh, Director General, IATA, said. “Air cargo demand moved sharply upwards in May across all regions. The sector benefited from booming e-commerce and capacity constraints on maritime shipping. The outlook remains largely positive with purchasing managers showing expectations for future growth,” Walsh said. Some dampening, however, could come as the USA imposed stricter conditions on e-commerce deliveries from China. Increased costs and transit times for shipments under US$800 may deter USA consumers and pose challenges for growth on the Asia-North America trade lane,” he added.
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