The global representative body for the airline industry, the International Air Transport Association (Iata), has reported that air cargo markets worldwide continued to register strong growth during July. (Because of the extreme market-distorting effects of the Covid-19 pandemic last year, Iata used July 2019 as the basis for comparison.) Global air cargo demand rose 8.6%. This was significantly higher than the long-term growth trend of 4.7%. However, July’s growth rate was slightly less than that of June, which had recorded demand growth of 9.2% (compared with June 2019). Air cargo capacity was improving, but was still 10.3% below that available in July 2019 (due to a continued lack of airliner belly-hold capacity).
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