News / Air cargo market: a slightly depressed March, but April will be 'interesting'

© Volodymyr Maksymchuk

Air freight volumes were slightly depressed in March, but anecdotally carriers are expecting a strong April ? and that’s before any movement of distressed ocean freight.

The latest data from Clive Data Services shows that volumes in March 2021 were 3% lower than demand in March 2019 – but 29% higher than the outlier month of March 2020, the beginning of the pandemic.

However, a shortfall of 14% of capacity compared with 2019 points to “relentlessly” high rates and load factors now.

Clive ...