IATA prediction 2019, air cargo will account for more than 13% of airlines revenue with air-freight volume increasing by 3% a year on average until 2030, according to McKinsey and Company analysis. Recent increases in air cargo revenue and tonnage have come as a result of e-commerce technology and digitization of industry with digital-savy startups. […]
Air travel is the driver of Globalization, cultural diversity, cultural integration around the globe, and the connection of the world’s economic supply chain with the increased movement of the tourist. Tourism is among of other sectors which were greatly affected by the pandemic because it mainly depends on air travel, With the onset of the […]
The change in the behavior of passengers following the COVID-19 crisis, travel restrictions, and the ensuing economic crisis have resulted in a dramatic drop in demand for airline services. According to IATA, passenger air transport measured as revenue passenger kilometer was down 90% year-on-year in April 2020 and still down 75% in August. The collapse […]