Air cargo is booming, domestic air travel is surging but international travel is almost grounded.
That is the airline industry report card for March according to The International Air Transport Association (IATA).
Yesterday IATA said that air cargo demand continues to outperform pre-COVID levels with demand up 4.4 percent on the year-ago period with March demand reaching the highest level ever recorded.
That record came despite global capacity, measured in available cargo tonne-kilometers (ACTKs), 11.7 percent below March 2019 due to the ongoing grounding of passenger aircraft.
IATA says airlines continue to use dedicated freighters to plug the lack of available belly-capacity read more ⇒