The good news for airlines
The International Air Transport Association (IATA) released the full-year 2017 data for global air freight markets showing that demand grew by 9.0% freight ton kilometers (FTKs). Almost triple the 3.6% annual growth recorded in 2016.
Freight capacity rose by 3.0% available freight ton kilometers (AFTKs) in 2017. This was the slowest annual capacity growth seen since 2012. Demand growth outpaced capacity growth by a factor of three.