Global aviation freight volumes dropped 2% in March year-over-year (YOY), according to IATA. However, on the anticipation of renewed demand, cargo capacity rose 6.9%, “putting increased pressure on already struggling yields,” IATA said. “It is shaping up to be another tough year for air cargo,” IATA DG & CEO Tony Tyler said. The global load factor for March fell 43.5%, down 4% on the previous year, with Asia-Pacific carriers seeing a 5.2% drop in demand in March ...

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