News / Outlook for airfreight darkens, but 'the sky's not likely to fall in'

Antonov 225 Mriya aircraft. © Dbajurin Dreamstime.com.

After a drop in airfreight traffic in July, the outlook for the sector has darkened, according to industry analysts Clive Data Services.

Deteriorating conditions may prompt some shippers to turn their back on air cargo, but dedicated freighter capacity is expected to remain a fixture.

Clive’s numbers show a 9% drop in global airfreight volumes last month, from 12 months earlier, a decline in traffic matched by a 9% slump in demand.

Meanwhile, the recovery in capacity lost some momentum in July; it ...