News / Airfreight load factors ex-Shanghai plummet as the cargo fails to arrive

21/04/2022

Airlines still flying out of Shanghai (PVG) could struggle with profitability after being unable to pick up shipments.

Yesterday, Accenture’s Seabury issued data showing that capacity out of Shanghai had fallen 40% from March – but new data from Clive Data Services shows load factors (LF) had fallen to the lowest levels ever recorded by the Xeneta-owned company.

“Last week, Shanghai westbound load factors were just 49%,” explained head of airfreight Niall van de Wouw. “The average between January and March was ...