July 3, 2020 10:18AM ET

Air Cargo Demand Shows Slight Pickup in May Amid Continued Capacity Crunch

Global air cargo demand fell 20.3 percent in May from a year prior, an improvement from the 25.6 percent drop recorded in April, IATA said. — Indonesian Customs officers and quarantine officers inspecting a plane and imported cargo at Yogyakarta International Airport.

Air freight markets showed a slight improvement in May, but capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked, the International Air Transport Association (IATA) reported Wednesday. Global air cargo demand fell 20.3 percent in May compared to a year earlier,…

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