News Snapshot:
Demand for air cargo services worldwide remains on the decline, although it is slowing at a lower rate compared to last month. Freighter capacity dropped slightly over April, replaced by belly capacity on returning passenger aircraft. Cargo decline slows down According to data released by the International Air Transport Association (IATA), global cargo demand - as measured in cargo tonne-kilometers (CTKs) - fell by 6.6% over April, an improvement on the 7.6% decline experienced in March and a 7.0% drop over April 2022. Willie Walsh, IATA Director General, commented, SIMPLEFLYING VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT "The...
