Globally, freight ton kilometers (FTKs) declined by 3.2% year-on-year in July 2019, reflecting the widespread softness in world trade and a number of economic indicators. The weakness in air freight volumes remained broad-based across regions. While the largest decline was witnessed in Asia-Pacific and the Middle East, Africa went against the trend to record double-digit year- on-year FTK growth. The growth of the industry-wide air freight capacity increased by 2.6% year-on-year in July, but it is still well below the average monthly pace (5.3%). With capacity continuing to outpace the demand, the freight load factor has eased by 2.7% over the past twelve months. Air cargo volumes remained weak in July.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5.MARKET SEGMENTATION – BY SERVICE 

6. MARKET SEGMENTATION – BY DESTINATION

7. PERSPECTIVES ON END USERS

8. REGIONAL MARKET ANALYSIS