Decline slows, but no recovery in sight: IATA

The International Air Transport Association (IATA) has released its international traffic data for April which shows air freight continuing at very weak levels. International cargo was down 21.7% in April compared to previous year levels. This is the fifth consecutive month in the -20 per cent range. “This sideways progression may indicate that we have […]


down 21.7% IATA international cargo down international traffic data


The International Air Transport Association (IATA) has released its international traffic data for April which shows air freight continuing at very weak levels. International cargo was down 21.7% in April compared to previous year levels. This is the fifth consecutive month in the -20 per cent range. “This sideways progression may indicate that we have seen the worst of the economic downturn,” IATA said in a statement. “Business confidence is improving, but inventories remain high. Until inventories adjust to more normal levels, air freight volumes will likely continue to bounce along the bottom.”