European air cargo up 4 pct in July 2007

Association of European Airlines European airlines carried 4 pct more cargo last month thanks to good growth on intercontinental routes, the latest monthly figures from the Association of European Airlines (AEA) showed. The figures include parcel shipments carried as belly hold freight but exclude mail.

The 4 pct rise in freight traffic on the 31 AEA member airlines included a 4.4% increase on routes outside Europe, which make up the bulk of air freight traffic.

The major market, Asia Pacific, showed a 1.6 pct rise in traffic, while the North Atlantic, the second-largest trade lane, generated growth of 4.5. pct South America showed a 14.6 pct rise while sub-Saharan Africa traffic grew by 15.2 pct Traffic within Europe was down by 1.8 pct.

Over the first seven months of 2007, total freight traffic for AEA airlines is up by 2.2 pct, with Asia showing a 0.7 pct drop and North America up by 3.2 pct.

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