Airfreight demand expected to weaken through Q2
Weak ecommerce demand has seen cancellations of airline block space agreements and charters, particularly to the ...
IATA has released its air freight figures for November, which feels like a long time ago now. And yes, it was officially busy. Freight tonne kilometres were up 8.8% year on year, and ahead of the 5.8% growth seen in October. The penultimate month ensured that the industry was on track to record its strongest operational and financial annual performance since 2010. And, noted IATA, the PMI reached a seven-year high in the fourth quarter, suggesting that the momentum is continuing.
What ...
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