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  • Graph: Clive Data Services

07.09.2020

Artikel Nummer: 33084

Tiaca: global air cargo keeps on improving


Heavily hit at the beginning of the coronavirus crisis, the global air cargo industry is continuing its gradual route to recovery to pre-Covid market conditions for a fourth-consecutive month. This is the outcome of two "Economics4Cargo" webinars Tiaca held last week.

 

Year-on-year growth for August showed a further narrowing of the gap in international volumes to -17% versus August 2019. This compares to a -41% YOY disparity in April, since when month-on-month demand has improved.

 

The receding gap in the YOY decline between capacity and demand resulted in a global dynamic loadfactor drop from 70% in July to 68%, which is "still exceptionally high" for this traditional "slack season", as Clive Data Services remarks – registering at 8% points higher than the corresponding performance in August 2019. (ah)

www.tiaca.org

 

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