Trade war takes toll on air cargo business: IATA
Posted On: Jun. 6, 2019 6:32 AM CSTCanada-based International Air Transport Association said that geopolitical events such as the U.S.-China trade war and Brexit are likely to disrupt air freight companies' operations, Gulf Times reported citing sources. Alexandre de Juniac, chief executive of IATA, said that air freight companies' revenues have declined due to a fall in shipments of high-tech goods such as semiconductor chips.