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IATA: Air Cargo Improves in June

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In June, 2023, air cargo markets showed the smallest year-over-year contraction in demand since February 2022.

IATA remains hopeful that the difficult trading conditions for air cargo will moderate as inflation eases in major economies.

According to Willie Walsh, IATA’s Director General, this, in turn, could encourage the central banks to loosen the money supply, which could stimulate greater economic activity.

About the author

Harry Johnson

Harry Johnson

Harry Johnson has been the assignment editor for eTurboNews for mroe than 20 years. He lives in Honolulu, Hawaii, and is originally from Europe. He enjoys writing and covering the news.

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