Air cargo growth slipped to its lowest level in 22 months in March, with IATA citing the end of an inventory re-stocking cycle as the main reason for the slowdown. The latest figures from IATA show that air cargo traffic in freight tonne km (FTK) terms increased by 1.7% in March, while capacity increased by 4.4% – marking the first time in 20 months that supply grew ahead of demand. The total cargo load factor for the month stood at 46.4% compared with 47.6% a year earlier.
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