The peak was not the peak season that was hoped for in November as air cargo demand fell 1 percentage point year-over-year. Air cargo saw the first decline since the road to recovery started six months ago, according to the latest industry statistics from analysts CLIVE Data Services and TAC Index. From a low of -37 percent in April, the gap in year-on-year air cargo volumes has been steadily closing in the subsequent months to the end of October, when margin versus 2019 volumes had reduced … [Read more...] about Air cargo demand stalls in November
dynamic load factor
Global air cargo’s steady rally continues in August
Global air cargo was in its fourth straight month of growth in August as load factors jumped eight percentage points year on year, data from CLIVE Data Services and TAC Index showed. The whole month’s volume was down 17 percent from a year ago which was a far cry from the 41 percent decline seen in April, when demand started to rally. Air cargo volumes in the last week of August were four percent less than what were seen for the same period in 2019, putting off previous concerns of … [Read more...] about Global air cargo’s steady rally continues in August
Air cargo demand sustains steady recovery in July
Latest market analysis from CLIVE Data Services shows that air cargo volumes continued to climb in July, inching up 8 percent over the previous month. Meanwhile, load factors for the month remained ahead of last year’s levels. Air cargo volumes were down 20 percent year-on-year in July, but was an improvement compared to the drops in April (26 percent), May (31 percent) and June (37 percent). Despite sliding 0.6 percent versus June, CLIVE’s dynamic load factor of 70 percent for July, based … [Read more...] about Air cargo demand sustains steady recovery in July
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