Dismal air cargo figures

Airfreight cargo load factors fell further in May compared to April, according to information released by the International Air Transport Association (Iata). And although there was only a small increase in capacity over the month, there was a sizeable fall in volumes, which pushed load factors down further.

Airfreight load factors are the lowest they have been since mid-2009, on a seasonally adjusted basis, Iata revealed.

Passenger load factors, on the other hand, are sustaining high levels, despite solid growth in capacity over recent months. “Domestic load factors have shown improvement since mid-2014, supported by stronger growth in volumes.

International load factors have shown a slight improvement this year, after showing patches of weakness in the second half of 2014,” according to the Iata report.