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June 21, 2018

Airports association says air freight volumes were up 2.4% in March

Airports Council International (ACI), the trade association of the world's airports, reports that, while gains in air freight volumes slowed in March, growing by only 2.4% year-on-year, accumulated volumes for the first three months jumped up by 5.5% as compared to the previous year.

Of the major markets, North America led the way as air freight volumes at the region's airports grew by 7.1% in the first quarter. Air freight volumes for Europe as a whole grew by 4.7% for the first three months.

The Asia-Pacific region saw volumes increase by 4.8% in the first quarter. China, the region's largest market, saw its major freight hubs grow by 6% year-over-year.

The Middle East region experienced no gains in freight volumes for the first quarter of 2018. Air freight volumes across its major airports saw a decline of 5.6% in the first quarter.

Source: ACI