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Global air cargo figures forge ahead of 2019
September 30th 2021
Global demand for air cargo in August was 7.7% higher than in the same month two years ago as load factor in the Asia-Pacific nudged 70%. Read More » New figures from the International Air Transport Association (IATA) showed Asia-Pacific demand (measured in cargo tonne kilometres) was 2.1% lower than August 2019, although air cargo volumes were 3%. “This was a slowdown in demand compared with the previous month’s 4.4% expansion,’’ IATA said in its regional breakdown of the figures. “Demand is being affected by an easing in growth momentum in key activity indicators in Asia and by congested supply chains especially on Within Asia and Europe-Asia routes. International capacity is significantly constrained in the region, down 21.7% versus August 2019.” Regions to post demand increases were Africa, Europe, the Middle East and North America. Latin America was the only other region to report a decline. IATA director-general, Willie Walsh, said many of the economic indicators pointed to a strong year-end peak season but warned there could be some limitations. “With international travel still severely depressed, there are fewer passenger planes offering belly capacity for cargo,’’ he said.
