Air Cargo Capacity Crunch: Demand Plummets, Capacity Disappears Even Faster

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The International Air Transport Association (IATA) have released the data for global air freight markets in April showing that demand dropped 27.7% compared to the same period in 2019  the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft.   Global demand, measured in …