Air cargo demand remained depressed in March, with the latest figures released by the Association of Asia Pacific Airlines (AAPA) showing a 21.9 per cent decline in international freight tonne kilometres (FTKs) compared with March of last year. The AAPA average international cargo load factor fell by five percentage points to 63.2 per cent. "The air cargo business remains severely depressed as a result of the sharp slowdown in international trade. For the first quarter of the year, AAPA … [Read more...] about Asian air cargo declines 22% in March