That 2009 will be one tough year for the airfreight sector is a certainty. Seabury forecasts a 3.1 percent growth in air trade in 2009--the same growth rate as in 2008 but far below the annual average of 7.4 percent from 2002 to 2007. And it is rapidly becoming clear that the road to recovery is likely to be long and bumpy. Based on the most recent analysis and trends, Seabury anticipates a 4.2 percent growth in 2010, picking up to 5.1 percent to 5.6 percent from 2011 to 2012. Of course, that assumes a minimum of stability in an otherwise difficult economic environment.
Source: Air Cargo World