Air cargo market heads toward 2nd best year despite softening

An airport tug pulls a large cargo pallet in front of an American Airlines jet.

Air cargo business is slowing amid global macroeconomic pressures but 2022 is still shaping up as one of the industry’s strongest years ever with cargo revenues nearly double those before the pandemic, the International Air Transport Association said Monday. The cargo forecast was part of an upgraded outlook showing that the industry is inching closer to profitability in 2023 as passenger demand finally kicks into full gear.

The largest airline trade association said it expects cargo to continue...

https://www.freightwaves.com/news/air-cargo-market-heads-toward-2nd-best-year-despite-softening

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