Airports See 2.2% Decline in Air Freight in February
For the month of March, air freight growth was in negative territory at -2.2%, according to the Airports Council International, after showing year-to-year growth in February. As a result, it said, the overall global growth trend in air freight continues…
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to be negative. Europe’s economic slowdown has significantly impacted global trade, with a year-over-year decline of -4.3%. Frankfurt had a decline of 11.3%, Paris 9.7%, and Amsterdam 3.2%. On a global level, 14 of the world’s top 20 high-volume freight airports experienced year-over-year declines, ACI said.