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The International Air Traffic Association has reported a 3 per cent year-on-year fall in June's global air cargo volumes.

Its latest figures were also down 1 per cent on the numbers for May.

Tony Tyler, director general and CEO, said: 'Air cargo continues in the doldrums, at 6 per cent below the post-recession peak.'

Asia Pacific carriers, who account for more than 40 per cent of the airfreight market, saw the steepest year-on-year decline (5.8 per cent), but maintained the highest load factor of any region (58.6 per cent).

The year-on-year decrease was 3.0 per cent in North America and 1.3 per cent in Europe, while Africa, Latin America and the Middle East recorded increases in demand.

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