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African carriers freight demand decrease 4.2 % in October as global markets rise 3.1% - Nigerian Frank News
The International Air Transport Association (IATA) has released data for air freight markets measured in freight tonne kilometers (FTKs), showing African carriers freight demand decrease by 4.2 percent in October 2018, compared to the same month last year. While the global demand rose 3.1percent in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5 percent in September. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 5.4 percent year-on-year in October 2018. This was the…