Air Cargo Demand Falls 4.8% in First Month of Iran War
Air cargo demand fell by 4.8% in the first month of the war in Iran, according to the International Air Transport Association (IATA). Middle East carriers like Qatar Airways, Emirates, and Etihad Airways saw a 54.2% drop in demand due to airport disruptions, while Asia-Pacific airlines experienced 5.4% growth. Industry capacity also declined by 4.7%.
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Topics: air cargo demand Hormuz instability IATA data Iran war impact Middle East disruptions