IATA says airfreight volume stalled, but is poised for more growth despite capacity crunch
The airline industry contrast couldn’t be more stark: International passenger demand during November was 88.3% less than in 2019, while cargo volumes were only 7.7% below the prior year’s level, according to the International Air Transport Association.
And the gap could widen with an explosion of COVID-19 cases forcing countries to implement travel bans and border closures, while demand for manufactured goods, e-commerce products, perishable foods and coronavirus vaccines puts the air cargo market on track to reach 2019 parity within three months.
In a market update for clients, freight
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