Wavering cargo demand over the last few months solidified in May, the International Air Transport Association (IATA) says, posting increases in every geographic region and providing hope that pessimistic views of the next 12 months may be premature. Air freight markets rose 4.7% globally in May, led by a 9.3% jump in the Middle East—consistently the fastest-growing region of late. The critical Asia-Pacific market, important for its place in the global supply chain as well as for being ...
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