Asia-Pacific

World Air Cargo Industry Belly Up With Demand Down Almost 28%

While much attention in commercial aviation is on air travel, it’s the cargo and freight industry which has taken a body blow as well. Asia-Pacific…

Air Cargo Demand Slumps As COVID-19 Takes Hold, Global Export Orders Hit Historical Low

Data released for February 2020 for global air freight markets shows that demand, measured in cargo tonne kilometres, decreased by 1.4% compared to the same…

COVID-19 A Huge Setback To Global Airport Traffic And Revenue

Airports Council International (ACI) World has on Tuesday published an Advisory Bulletin on the predicted global economic impact on the airports sector of the unfolding COVID-19 public…

COVID-19 Cuts Air Passenger Demand And Revenues

The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13%…