Tuesday, July 23, 2024

IATA: Demand falling despite pause in tariff hikes

Global air cargo demand is continuing to fall despite the pause in tariff hikes, the International Air Transport Association (IATA) reports. Freight tonne kilometres were down 4.5% in September, the 11th consecutive month of year-on-year declines, marking the longest period since the global financial crisis in 2008. Capacity measured in available freight tonne kilometres rose […]