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rnThe air cargo industry took a hit with the global recession, but new projections have put industry growth at over 6.4% in the next 20 years. rn
rnIntra-Asia will lead the way with growth of 8.6% per year, while world air cargo revenue is expected to triple US$ 137.
1 bn. rn
rnMeanwhile, total cargo handled at the Katunayake International Airport dropped by 21 per cent mainly due to the global slowdown.rn
rnTotal cargo handled fell from 126,000 tones in 2000/2001 to 99,000 tones in 2001/2002.rn
rnOf the total capacity SriLankan Airlines carried 58,600 tones in the year 2000/2001, and 50, 600 tones in 2001/2002. rn
rnOfficials attributed the drop to a loss in capacity following the July 24 terrorist attack on the airport in which the airlines lost four passenger carriers. rn
rnThe industry is optimistic that the air cargo industry should recover in the th