Despite a sharp fall in demand for air cargo in March, which fell by 15.2%, the sector is still posting better figures than during the Great Financial Crisis when it plunged 23%, according to IATA’s chief economist Brian Pearce. Pearce was speaking on a weekly audio briefing by the industry association, and he said while the March 2020 air cargo figures showed a “sharp fall” in demand due to the impact of COVID 19  the pandemic had yet to hit the sector as badly as in 2008-09. “Actually air cargo suffered less in this crisis than it did during the

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