The International Air Transport Association (IATA) at the 14th World Cargo Symposium (WCS), in Dublin, urged the air cargo industry to continue working together at the same pace, with the same levels of cooperation as during the Covid-19 pandemic to overcome future challenges and build industry resilience.
“Air cargo is a critically important industry. This pandemic reminded us of that. During the crisis, it has been a lifeline for society, delivering critical medical supplies and vaccines across the globe and keeping international supply chains open. And for many airlines, cargo became a vital source of revenue when passenger flights were grounded. In 2020, the air cargo industry generated $129 billion, which represented approximately a third of airlines’ overall revenues, an increase of 10–15 percent compared to pre-crisis levels. Looking towards the future, the outlook is strong. We need to maintain the momentum established during the crisis and continue building resilience post pandemic,” said Brendan Sullivan, IATA’s Global Head of Cargo.
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