IATA Figures Indicate Air Cargo Markets Have ‘Stalled’
The International Air Transport Association (IATA) released figures in April for air freight markets that showed a growth of 1.4 percent from last April. This growth offset March’s 2.6 percent decline in comparison to March of last year, and simultaneously…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
continues an 18-month trend of no growth in cargo markets. However, IATA’s Director General and CEO Tony Tyler said “some encouraging signs of growth” can be seen in emerging markets like Latin America and the Middle East. This growth can be attributed to factors like strong domestic demand and the opening of new routes to developing economies, said IATA in a press release (here) .