Air freight traffic fell around 10pc in February, IATA says

PARIS: Figures to be published next week will show global air freight traffic fell around 10pc in February, putting it on course for a 15-20pc drop for the year as a whole, an official at the International Air Transport Association said on Wednesday.

But demand for freighters to keep medical and other supplies moving has hit a record as passenger jets are grounded due to the spread of the coronavirus, IATA said. Many airlines are also chartering out stranded passenger jets for freight operations.

The airline industry association reiterated a plea to governments to adapt coronavirus restrictions to allow cargo flights including medical shipments to keep running smoothly.

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Foreign exchange rates in Pakistan for today, August 19, 2025

The Treasury & Capital Markets Group of the National Bank of Pakistan (NBP) issued the following Exchange Rates Bulletin on Tuesday.