Hong Kong, April 2 -- The International Air Transport Association (IATA) said global air cargo demand dipped 0.1% last month. Read More The contraction in cargo tonne kilometres (CTK) was the first decline in demand since July 2023 halting 18 months of consecutive year-on-year growth, IATA said. Capacity shifted downwards by 0.4% in the 28 days, it added. Comparisons with the previous year were complicated because February 2024 was a leap year. "After correcting for seasonality, including the difference in the number of days, air cargo traffic in February 2025 is 3% above February 2024," the IATA report said. IATA director general, Willie Walsh, said rising trade tensions were a concern for the air cargo market. "With equity markets already...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.