Air cargo is back to standard for the Corona crisis

Air cargo is back to standard for the Corona crisis

(ABM FN-Dow Jones) Air cargo levels continued to rise in January, returning to pre-epidemic levels. The industry body IADA said this on Tuesday.

In January, cargo carried 1.1 percent more than a year earlier, measured in tons and traveled kilometers. Compared to December, growth was about 3 percent. So the growth rate is comparable to the previous one month period.

The capacity recovery was negatively affected by a further reduction in passenger flight capacity, resulting in a total cargo capacity of 5 per cent less than a month earlier. This is the first capacity drop since May.

Demand for air cargo has increased in all regions, especially in North America and Africa, by 12 and 21 percent compared to the pre-crisis period. In emerging markets, there was less demand for exports due to the outbreak of the corona virus.

However, the numbers have been diverted by the Chinese New Year, while 2020 did not provide good comparisons for the coming months because the size was very low at the time due to the growing corona epidemic, the IATA warned.

ABMFNABM Financial News; [email protected]; Redactie: +31 (0) 20 26 28 999.

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