September 23, 2017: The Asia-Pacific region has registered 9.3 percent growth in freight volume in the month of July, the Airports Council International (ACI) has reported.
Talking about the global growth, the trade association of the world’s airports further said that freight volumes continued their increase in the month, fuelled by strengthening global trade and industrial production.
On a year to date basis, global volume reached 8.4 percent, drawing a particularly stark contrast with July 2016, where this number stood at 0.9 percent.
Most regions posted strong growth in freight volume, with Africa leading the group at 18.1 percent, followed by Europe- 11.2 percent and the Middle East- 10.6 percent. North America and Latin-America and Caribbean, did not benefit from the same surge, increasing 6.5 percent and 3.8 percent respectively, in line with their year to date numbers.