Weakness continues for Asia Pacific cargo markets

Prolonged weakness continues in June for the Asia Pacific air cargo markets, according to preliminary traffic figures from the Association of Asia Pacific Airlines. Asia Pacific airlines carried more international passengers, but international air cargo demand, expressed in freight tonne kilometers, was 2.2 percent lower year over year, reflecting continued weakness in key export markets. Offered freight capacity increased marginally, by 0.3 percent, leading to a 1.7 percentage point fall in...

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