Global air freight demand contracts; Asia-Pacific airlines see nearly 12% drop in cargo growth
Demand for air freight in the global market, measured in freight tonne kilometers (FTKs), waned 4.7 percent in February 2019, compared to the same period in 2018, according to data released by The International Air Transport Association (IATA). This was the fourth consecutive month of negative year-on-year growth and the worst performance in the last three years.
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Global air freight demand contracts; Asia-Pacific airlines see nearly 12% drop in cargo growth
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