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Air freight load factors stable in June but remain at mid-2009 lows: IATA


GENEVA, Switz.–Airline share prices rose 4% in July compared to June, buoyed by falling oil prices and strong Q2 financial results, said the International Air Transport Association. Initial Q2 financial results show a large improvement in profits across all major regions and particularly in the U.S Crude oil prices fell further in July, pushed down by expectations of supply increases from Iran and the U.S.-levels are down 54% on 2014 highs.

Air transport volume growth moderated in June but the trend for 2015 remains robust – air freight volumes weakened further on declining trade activity. Air freight load factors were stable in June but remain at lows not seen since mid-2009, said the IATA report.

 


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