Global Air Cargo Slumps As Demand Plunges

Published January 11th, 2021 - 02:00 GMT
Global Air Cargo Slumps As Demand Plunges
Middle East & South Asia did best with a volume decrease of 1% week-over-week, while Europe recorded the largest decrease (-22%) (Shutterstock)
Highlights
In the last week of the year (week 53) worldwide volume decreased by 16% compared with the previous week

The average worldwide air cargo yield/rate continued its downward trend in week 53 of 2020, according to WorldACD Market Data.

In the last week of the year (week 53) worldwide volume decreased by 16% compared with the previous week, whilst worldwide capacity decreased by 7%.
 
On a regional level, origin Middle East & South Asia did best with a volume decrease of 1% week-over-week, while Europe recorded the largest decrease (-22%).

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