Global air cargo volumes stagnated in October, rising just 0.5% year-over-year (YOY), according to IATA’s Air Freight Market Analysis. IATA pinned the decline on European carriers, which in October showed only a 0.2% YOY rise on the region’s total market cargo movement. In September European carriers had total market cargo growth of 2.8% YOY. “The outlook for air cargo continues to be very difficult,” IATA DG and CEO Tony Tyler said. “While there was some ...

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