Air cargo watches and waits as trade chaos creates 'slowbalisation'
Air cargo is in a “wait-and-see moment”, as the industry tries to navigate through the ...
IATA has downgraded its projected growth figures for air cargo by nearly half, following a poor start to the year.
The association now predicts growth of just 2% for 2019, down from 3.7%, while others are even more pessimistic.
One senior analyst told The Loadstar he thought gtowth would more likely be flat or 1%, while a chief executive believed the industry would “be lucky to reach 2%”.
Brian Pearce, chief economist for IATA, said: “Two percent is quite a significant downgrade from what ...
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