Air freight and passenger services grew in July

According to the data of the International Air Transport Association (IATA) there was a strong growth in the freight and passenger sector in the world in July.

According to the Montreal-based organization a 11.4 percent increase was registered in freight turnover in the seventh month of the year, compared to the same period of the previous year. This is four times higher than the ten-year average. The airlines increased their capacity by 3.7 percent, resulting in a 3 percent increase in average flight capacity of 43.7 percent and profitability improved as well. (MTI)