Global airfreight volumes blooming as flower shipments take off
Global air cargo tonnages have taken off again after three consecutive weeks of subdued volumes, ...
Both IATA and WorldACD have released their August data. As WorldACD noted: “Our story is in danger of becoming monotonous: with a year-over-year increase of 0.6%, August was the third month in a row showing minimal growth in worldwide air cargo volumes.” It added that there was a slight shift towards longer haul markets, and published a focus on India. IATA was a little more upbeat. It noted that growth measured in freight tonne kilometres was up 2.3% year-on-year, but the pace of growth was unchanged from July. Yields, however, “appear to be holding up”. You can see IATA’s full data here and WorldACD’s here.
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Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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