News Snapshot:
KUALA LUMPUR, April 7 — Asia-Pacific airlines saw demand for international air cargo rise 10.5 per cent in February this year compared to the same month in 2019 in line with global air cargo performance. As the main global manufacturing hub, the region has benefited from the pickup in economic activity, according to International Air Transport Association (IATA). In a statement today, it said demand in the majority of the region’s key international trade lanes has returned to pre-Covid-19 levels. International capacity remained constrained in the region, down 23.6 per cent versus February 2019, while the region’s airlines load factor...
