The downturn in global air cargo demand intensified during April and is outpacing the slowdown in overall international trade in goods, as the Ukraine war, strict lockdown measures in China and inflation dragged down economic activity, an aviation industry group representing most major airlines reported this week.
Meanwhile, international travel demand in the passenger segment shot up in April, especially in the trans-Atlantic market, in response to reductions in COVID border restrictions ahead...
https://www.freightwaves.com/news/geopolitics-contribute-to-11-decline-in-air-cargo-demand