Big Decrease in Air Transport Traffic in January

According to data from the International Air Transport Association (IATA), both passenger and cargo air transport around the world decreased drastically in January. The Director General of IATA says, "Alarm bells are ringing everywhere. Every region's carriers are reporting big drops in cargo. And, aside from the Middle East carriers, passenger demand is falling in all regions. The industry is in a global crisis and we have not yet seen the bottom."

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By Planet Data