Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
The Latin America-Caribbean region is clearly seeing growth but is hamstrung by insufficient infrastructure and air traffic management, excessive costs and taxation.
IATA is signaling that global cargo revenue is forecast to rise more than 5% year-over-year to $116 billion in 2019, driven in part by a continued robust (albeit slower) global economic outlook, as well as the recent substantial fall in oil prices.