News / Yields up for carriers as air freight blossoms in March

© Ryan Stevenson

March was a good month for the air freight business. Crucially, yields turned a corner and went up 1.7% in US dollars – or 5.6% when measured in euros – according to WorldACD’s latest figures, published this morning.

Chargeable weight saw a 14.6% increase, year-on-year, with origin Europe and origin Asia Pacific traffic up an impressive 19%. Direct tonne km – WorldACD’s new metric, combining weight with geographical distance between origin and destination – rose 16.4%.

The analysts pointed out that several key hubs, including Hong Kong, Shanghai, ...