iata-clive

Air cargo had worst ever year in 2020 – IATA

Last year was the worst ever for air cargo demand since performance monitoring began, said the International Air Transport Association (IATA) in its latest report. Demand decreased by 10.6% in 2020, compared to 2019, the largest drop in year-on-year demand since IATA started to monitor cargo performance in 1990, outpacing the 6% fall in global trade in goods.  However, the market tightened as global capacity shrank even more, by 23.3%, and ... [+]