Airlines
April Cargo Demand Plunges While Load Factors Rise
IATA reported a 27.7 percent decline in air cargo demand for the month of April, marking the sharpest drop ever.

Demand for air cargo fell 27.7 percent in April compared with the same month a year earlier, marking the sharpest drop ever recorded, according to date released Monday by the International Air Transport Association (IATA). Nevertheless, a lack of belly cargo capacity on passenger aircraft due to the coronavirus pandemic-related cut in traffic resulted in insufficient capacity to meet world demand.