Middle East air freight demand improves ‘significantly’
Middle Eastern carriers report a decline in demand of 25% year-on-year in May compared to a 36.2% drop in April
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Middle East air cargo volumes slump 6.2% in April
IATA said capacity in the region increased by 0.7 percent in April as air freight volumes continued their decline which has been ongoing since the fourth quarter of 2018.
IATA forecast for aviation cuts profit by US$2.5 billion due to trade tension
Forecasts are likely to be reduced further when the industry group meets in Seoul next month, according to Alexandre de Juniac, IATA director general.
Middle East air cargo capacity outgrew demand in November
Middle Eastern airlines’ freight volumes expanded 1.7% in November compared to the same period a year earlier.
Global air freight market rises by 2.1% over July
The pace was the slowest experienced by the market since 2016, while also well below the five-year average growth rate of 5.1%

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