Is Covid fatigue dampening air cargo’s recovery?

The New Year recovery in global air cargo volumes stalled in March as volumes fell -3% versus comparative data for March 2019, but reduced airline capacity levels saw the ‘dynamic loadfactor’ and prices remain ‘relentlessly high,’ according to the latest market data from industry analysts CLIVE Data Services and TAC Index. To give a meaningful perspective of the air cargo industry’s performance, CLIVE Data Services’ first-to-market ... [+]

Air Cargo Decline

Air cargo volumes fell 23% in March with an increasing speed of decline Covid-19 ‘raised its ugly head’ faster and faster in the air cargo industry in March as global cargo volumes fell by 23% versus the same four weeks of 2019. The decline in demand accelerated week-on-week throughout March, with the ... [+]

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