Comment: «Air cargo traffic remains a watch item for us as the
gradual market
recovery continues amid modest overall
global economic growth rates,» said Dennis A. Muilenburg.
The International Monetary Fund's (IMF's) prediction for
global growth of 3.1 % in 2016 remained subdued, and though it still expects a
gradual recovery to follow, the IMF envisages this pickup will be driven almost entirely by emerging economies, as advanced economies grapple with headwinds such as changing demographics and declining productivity.