Turn in Cargo Brightens IATA’s Cautious Outlook
Cargo airlines experienced a gain in volumes shipped in November, following a string of monthly declines. (Photo: Boeing)
Cargo airlines experienced a gain in volumes shipped in November, following a string of monthly declines. (Photo: Boeing)

Traffic results for November 2012 released by the International Air Transport Association (IATA) Wednesday showed an improvement in both passenger and air freight demand. Air travel figures rose 4.6 percent for the month year-over-year, compared with October’s rise of just 2.9 percent. Meanwhile, air freight volumes edged up 1.6 percent in November after declining 2.6 percent in October, year to year. Passenger capacity rose 3.2 percent and the average load factor improved one percentage point, to 77.3 percent.