Europe - Africa route likely
to show biggest growth
THE AIRFREIGHT market is likely to recover from the September 11 event and the accompanying global economic slowdown faster than passenger traffic, according to the International Air Transport Association (IATA) freight forecast for 2001-2005.
Comparing current views with the initial five-year forecast made in September 2001, this special interim study highlights that all the major markets are forecast to grow in 2002.
It also reveals the scale and shape of the recovery expected from 2002 onwards.
Amongst its key findings is that the Europe-Africa airfreight trade is expected to grow faster over the five-year period than any other.
But, looking slightly further ahead, the trade around the Pacific Rim is where the real boom in volumes is forecast by IATA.
It projects the annual tonnage carried on international scheduled services to reach 20.8-million tonnes in 2005.
