IATA: May cargo performance improves, but still weak

In its assessment of global cargo demand and capacity for May, the International Air Transport Association (IATA) noted some improvements from April. New export orders and stabilizing manufacturing have slowed the initial freefall, while some regions, including North America, reported only single-digit year-over-year decreases for May. However, globally, cargo tonne kilometers still declined by 20.3% […]

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