SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Middle East air-cargo routes stay pressured as freight grows

IATA says global cargo demand rose 3.9% year on year in July, but Europe–Middle East cargo traffic fell 16.1% and Middle East–Asia volumes dropped, keeping routes under pressure.

Middle East-linked air-cargo routes remain under pressure even as global freight demand continues to grow, the International Air Transport Association says.

Global cargo demand rose 3.9% on year in July, but traffic on the Europe-Middle East corridor fell 16.1% and Middle East-Asia volumes dropped…