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Coronavirus: Air cargo demand in Asia-Pacific contract by 5.9% in January 2020, says IATA

Coronavirus: Air cargo demand in Asia-Pacific contract by 5.9% in January 2020, says IATA




This was the sharpest drop in freight demand of any region for the month. Capacity growth was flat.

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne-kilometres (CTKs), decreased by 3.3 percent in January 2020, compared to the same period in 2019 while airlines on Asia-Pacific region saw demand contract by 5.9 percent, compared to the year-earlier period.
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