Freight traffic for European airlines grew 8.2 percent in 2010 in a tepid recovery following two years of decline, according to the Association of European Airlines.
The improvement included a 1.1 percent gain in December, the slimmest monthly year-over-year gain during the year, and left cargo traffic for Europe’s carriers below the levels reported in 2004.
By The Numbers: European Airlines' Freight Traffic
Cargo traffic connected to Asia and Australasia, Europe’s busiest air trade lane, fell 1 percent in December compared to the same month the year before. North Atlantic trade was up 9.4 percent for the full year but grew just 1.7 percent in December.
The 2010 growth was the first the AEA has reported since 2007 and follows a 16 percent year-over-year decline in 2009.
The 8.2 percent annual growth also was sharply behind the 20.6 percent increase in international air freight the International Air Transport Association reported across the industry in 2010.