Air cargo demand growth reaches six year high

The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, which is the fastest pace of growth recorded since October 2010, a recession bounce-back year.Yesterday, figures released by analyst WorldACD showed that volumes increased by 14.6% year on year in March.Airlines based in Europe and Asia Pacific accounted for two thirds of the improvement in freight volumes with the remainder split evenly between North American and Middle Eastern more: