Subscribe to RSS feedAsia-Pacific airfreight falls 9.5%
by
Sineva Toevai
—
last modified
Aug 28, 2009 12:17 PM
International airfreight in July plummeted from the same period last year led by a massive deterioration in volumes recorded by African carriers.
Asia-Pacific airlines posted a 9.5% drop in airfreight demand, European carriers declined 16.2% and North American airlines fell 14.6%.
Globally, demand in July was 11.3% lower than a year ago, putting downward pressure on freight rates and revenues, a report by the International Air...
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