South America will benefit as air cargo traffic diverts from the transpacific
South America is set to be a main attraction amid capacity cuts on the transpacific, ...
The latest industry data indicates a glimmer of hope for the international air cargo industry, with both demand and capacity improving in February and March.
IATA’s February analysis shows global demand, measured in cargo tonne-km, was 2.9% higher than pre-pandemic levels, the first time it has surpassed February 2019 in eight months, but demand fell 7.5% on February 2022. However, this was half the rate of annual decline seen in the previous two months (-14.9% and -15.3%, respectively).
Capacity (measured in available ...
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