Air cargo watches and waits as trade chaos creates 'slowbalisation'
Air cargo is in a “wait-and-see moment”, as the industry tries to navigate through the ...
© Denis Belitskiy
By Alex Lennane
The air freight results for March are out – and the numbers will surprise few people.
Cargo capacity fell 22.7%, year on year, while cargo tonne km (CTK) dropped 15.2%, according to IATA.
And additional freighter operations (+6.2% in capacity terms) and passenger freighters were not enough to offset the reduction in the passenger fleet, which saw international belly capacity decline by 43.7%.
However, March was a tale of two halves, as the larger impact of Covid-19 hit in the second half of the ...
Comment on this article