{"id":711,"date":"2018-09-14T11:28:41","date_gmt":"2018-09-14T11:28:41","guid":{"rendered":"https:\/\/phoenixglobalgroup.com\/mi-katigoriopoiimeno\/with-restocking-over-iata-predicts-slow-growth-higher-yields-in-h2\/"},"modified":"2024-02-27T09:52:06","modified_gmt":"2024-02-27T09:52:06","slug":"with-restocking-over-iata-predicts-slow-growth-higher-yields-in-h2","status":"publish","type":"post","link":"https:\/\/phoenixglobalgroup.com\/el\/nea\/with-restocking-over-iata-predicts-slow-growth-higher-yields-in-h2\/","title":{"rendered":"With \u2018restocking\u2019 over, IATA predicts slow growth, higher yields in H2"},"content":{"rendered":"
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The air cargo industry must prepare for slower growth in freight tonne kilometers (FTKs) in the second half of 2018, but should have stronger yields, thanks to high aircraft utilization that may offset rising costs, according to IATA\u2019s latest \u201cCargo Chartbook\u201d report for the third quarter.<\/p>\n

In the Q3 report, IATA said annual growth in FTKs slowed to 2.8 percent in the three-month period ending on July 31, representing the industry\u2019s \u201cslowest pace on this basis in more than two years.\u201d FTKs, the group found, are continuing to rise in seasonally adjusted terms, but \u201cthe upward trend has slowed markedly from that seen during the best of the upturn in air freight last year.\u201d<\/p>\n

Much of this is due to the inventory restocking cycle at the world\u2019s retailers and warehouses, IATA said. While restocking spurred airfreight growth \u201cto outperform that of wider global trade in 2016\/17,\u201d the cycle has \u201crun its course.\u201d Also, IATA noted that momentum in world trade appears to be weakening \u201cagainst a backdrop of rising trade protectionism measures,\u201d referring to the trade-war tariffs that erupted this spring between the U.S., China and several other countries.<\/p>\n

One of the brighter spot in the report concerned cargo yields, which \u201chave continued to trend upwards in H2 2018, albeit at a slower pace than a year ago,\u201d IATA said. \u201cWhile the industry-wide load factor is trending down, ongoing high rates of freighter aircraft utilization will continue to help to reduce average costs, and to help offset ongoing upward pressure on costs, particularly from higher fuel prices.\u201d<\/p>\n

When surveyed in early July, airline heads of cargo told IATA they were \u201cpositive about the outlook for freight volumes over the next 12 months, albeit slightly less so than they were earlier in 2018.\u201d That said, IATA\u2019s respondents were \u201cincreasingly positive about the outlook for cargo yields.\u201d<\/p>\n

Source:
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The air cargo industry must prepare for slower growth in freight tonne kilometers (FTKs) in the [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[31],"class_list":["post-711","post","type-post","status-publish","format-standard","hentry","category-nea","tag-2018-el"],"yoast_head":"\nWith \u2018restocking\u2019 over, IATA predicts slow growth, higher yields in H2 - PHOENIX GLOBAL FREIGHT GROUP S.A. - Since 1991<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoenixglobalgroup.com\/el\/nea\/with-restocking-over-iata-predicts-slow-growth-higher-yields-in-h2\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With \u2018restocking\u2019 over, IATA predicts slow growth, higher yields in H2 - 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