Air cargo throughput shrank more than 18% in the first half of 2020, but revenue from airline cargo operations grew almost 21% because the scarcity of available aircraft led to significantly higher rates, according to data compiled by World ACD.
The figures dovetail with a June estimate from the International Air Transport Association that global cargo revenues will increase $8 billion from last year despite a 16.8% decrease in tonnage associated with decreased economic activity caused by the...
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