Continued market uncertainties and (extended) public holidays contributed to a -4% drop in global air cargo demand in May 2021 versus the pre-Covid level in 2019, according to the latest industry volume, load factor and rates analysis by CLIVE Data Services and TAC Index. To offer a meaningful perspective of the air cargo industry’s performance, CLIVE Data Services is continuing to focus on comparing the current state of the market to pre-Covid 2019 volume, cargo capacity and load factor data … [Read more...] about May cargo volume dip raises question on market recovery
dynamic loadfactor
Global air cargo volume sits on a ‘relative high’ at year-end
Despite a not so traditional peak season for air cargo in the last quarter of 2020, the year ended on a ‘relative high’ in December with the first positive year-on-year growth in weekly volume in over 12 months, according to the latest statistics from CLIVE Data Services and TAC Index. “For an industry looking for every glimmer of positivity, December’s data provided some modest growth indicators,” said Niall van de Wouw, managing director of CLIVE Data Services. “December’s performance … [Read more...] about Global air cargo volume sits on a ‘relative high’ at year-end
Global air cargo market continues uptrend in September
A record dynamic loadfactor and high airfreight rates on the world’s premier trade lanes in September showed the global air cargo market edging towards a sustainable recovery at the start of the traditional peak season, say leading industry analysts CLIVE Data Services and TAC Index. Chargeable weight in September rose 9 percentage points over last month, further narrowing the year-on-year gap to –15 percent. This is the fifth consecutive month of positive indicators since April 2020’s … [Read more...] about Global air cargo market continues uptrend in September
