The International Air Transport Association (IATA) has released its data for global air freight markets, which suggests a slight improvement in cargo demand, albeit at a slower pace than was expected. In each case, global demand for cargo largely improved in June when compared with May, however overall figures are well below that of June
Almost 80 per cent of the commercial aircraft in the world have been grounded, and that's a logistical nightmare for global freight shipping.
IATA director general Alexandre de Juniac says it has been a tough year for the cargo market as the annual peak air cargo season gets off to a slow start.
Cobham Aviation Services has secured a contract extension to operate BAe146-300QT freighter services on behalf of Qantas Freight until 2026.
Ten freight and logistics companies will provide input towards the design and operation of the cargo facilities at Western Sydney Airport.
Air freight volumes fell for an eighth consecutive month in June amid business uncertainty and ongoing trade tensions between China and the US, IATA says.
