AAPA: May volumes impacted by slow demand, supply chain disruptions
May passenger traffic improves
May cargo volumes transported by Asia-Pacific carriers continued to decline, with airlines in the Association of Asia Pacific Airlines (AAPA) reporting a 5.6% year-over-year decline in May. Global trade continued to be stifled by ongoing supply chain disruptions caused by COVID-19-related lockdowns in Shanghai as well as slowing demand due to lack of manufacturing activity, […]
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