IATA European cargo figures

IATA reported a 16.0% drop in demand in 2020 compared to 2019 (-16.2% for international operations) and a fall in capacity of 27.1% (-27.1% for international operations). In December airlines posted a decrease in international demand of 5.6% compared to the previous year. After a pause in recovery in November, seasonally adjusted demand grew 7% month-on-month in December, the largest rise of all regions. However, new lockdowns and adverse economic conditions in the region risk the recovery. Lack of capacity remains a challenge, as international capacity decreased 19.4% in December.