IATA is signaling that global cargo revenue is forecast to rise more than 5% year-over-year to $116 billion in 2019, driven in part by a continued robust (albeit slower) global economic outlook as well as the recent substantial fall in oil prices. According to IATA chief economist Brian Pearce, speaking at IATA’s Global Media Day cargo session on Dec. 13, cargo volumes are forecast to grow 3.7% in 2019, a little slower than 2018 considering trade pressures but still ...

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