IATA: 15.2% decline in global demand for air freight last month.
The International Air Transport Association (IATA) said that the global demand for air freight decreased by 15.2% for international markets, as the global capacity decreased in tons of freight decreased by 22.7% last March compared to last year. Brian Pearce, chief economist at IATA, said in a presentation he made to the organization on the performance of air prisons during the month of March, that there is a severe shortage in the capacity of air freight and that at the present time we do not have sufficient capacity to meet the remaining demand for air freight, sizes decreased by more than 15% and retreated At about 23%, this gap must be addressed quickly because vital supplies must reach where they are most needed.
