Cargo Tonnage up in Q1
From:
www.waa.ca
It is hardly news that North American economies are experiencing a recession and that air cargo volumes have declined in consequence. Airports Council International (ACI) reported that total air freight in the first quarter of 2009 had declined by 20.4% worldwide and by 19.4% in North America. Similarly the International Air Transport Association (IATA) advised that overall international air freight had fallen by 22.8% and by 24.4% in North America.
Yet cargo tonnage at Winnipeg James Armstrong Richardson International Airport increased by 4% over the same period. The positive results are attributed to the relatively strong local economy in Manitoba and the predominance of express and courier traffic which may be less susceptible to downturns than general cargo.