For the second month in a row, the worldwide average USD-yield improved month-over-month (MoM), this time by 1.0 per cent, down however, from last year’s MoM figure of +1.7 per cent. The YoY yield change was of a wholly different nature (-17.5 per cent%), but that deterioration should be viewed against the background of two important developments in 2015, according to the latest analysis from WorldACD. Volume-wise, October 2015 was not spectacular either. For the now more than 60 airlines in … [Read more...] about 2015 weakness from low vols not adverse yield dev’ts: WorldACD
WorldACD
2015 weakness from low vols not adverse yield dev'ts: WorldACD
For the second month in a row, the worldwide average USD-yield improved month-over-month (MoM), this time by 1.0 per cent, down however, from last year’s MoM figure of +1.7 per cent. The YoY yield change was of a wholly different nature (-17.5 per cent%), but that deterioration should be viewed against the background of two important developments in 2015, according to the latest analysis from WorldACD. Volume-wise, October 2015 was not spectacular either. For the now more than 60 airlines in … [Read more...] about 2015 weakness from low vols not adverse yield dev'ts: WorldACD
A repetitive story of stagnant volumes and falling yields
Noting the air cargo story of 2015 - stagnant volumes and falling yields - threatens to become repetitive, WorldACD Market Data said August showed a year-on-year (YoY) volume increase of just 0.9 per cent, while month-on-month (MoM) US$-yields fell again, this time by 1.2 per cent ( yields in Aug 2014 decreased by 0.8 per cent vs July 2014). One bright spot: Africa and Latin America, the smaller regions in terms of air cargo, bucked the trend. Africa was clearly the region-of-the-month, … [Read more...] about A repetitive story of stagnant volumes and falling yields
Yields down as much as -41% since 2008: WorldACD
With the topic of yields dominating any discussion about the current business environment, WorldACD has clearly demonstrated the dismal state of affairs through a comparison of USD-yields between June 2008 and June 2015, with not one single market showing a yield increase over that period. The good news first: North America to Asia Pacific saw the smallest yield decline at only -9 per cent. This contrasts with all of the other markets that saw decreases ranging from -22 per cent (Middle … [Read more...] about Yields down as much as -41% since 2008: WorldACD
Airfreight yields continue to drop
WorldACD reported global airfreight volume in April increased by 3.3 per cent year-over-year (YoY), slightly lower than the growth in Q1, with the origin Europe (4.1 per cent) and the destination North America (12.6 per cent) as the best performing areas. Yields continued to drop: measured in USD, they have now lost almost 11 per cent of their early 2014-values. Excluding surcharges, however, yields in USD increased by 1.4 per cent YoY during the first four months of 2015. In line with … [Read more...] about Airfreight yields continue to drop
Sept best month this quarter: WorldACD
September turned out to be the best month of this year's third quarter according to the latest statistics from WorldACD, with a worldwide volume growth of 1.9 per cent year-on-year (YoY) and a modest month-over-month (MoM) yield increase (in USD) of 0.4 per cent, the first such improvement since last February. The origin Africa trade continued to lead with a volume growth of four per cent, similar to this month's growth for the origins Europe and Asia Pacific. The Gulf Area recorded a volume … [Read more...] about Sept best month this quarter: WorldACD