Saturday, May 18, 2024

IATA WCS: Low oil prices a double edged sword

The fall in oil prices is a double edged sword for the industry, because though it encourages the use of older freighters, this increases overcapacity, International Air Transport Association (IATA) senior economist George Anjaparidze says. Anjaparidze spoke at the IATA World Cargo Symposium on 15 March during the plenary titled ‘Economic Outlook: When Will Growth […]