Growth in worldwide air cargo traffic reached its highest level in nearly seven years as March FTKs expanded 14% compared to a year ago, according to IATA’s March Air Freight Market analysis. Freight capacity increased 4.2% during the month, leading to a total market freight load factor of 47.4%, up 4.1 points year-over-year. “[It] was clearly a very strong quarter … FTKs have grown by 9.7% in annual terms so far this year,” IATA senior economist David Oxley said. ...

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