JULY demand in air cargo tonne kilometres (CTK) increased 8.6 per cent year on year, but the Covid crisis still poses a risk, according to the International Air Transport Association (IATA).
Capacity in available CTKs in July was down 10.3 per cent with 2019 levels, with cargo load factors reaching 54.4 per cent, a 9.5 point increase from July 2019.
Asia Pacific carriers saw CTK increase 1.2 per cent in July compared to 2019, with load factors standing at 65.4 per cent, up 13.6 points from 2019.
European carriers saw cargo traffic for the month increase 6.1 per cent, with load factors standing at 59.8 per cent, an increase of 11.3 points.
North American carriers saw demand for the month increase 21.2 per cent, with load factors increasing 44.3 per cent, up 7.1 points.
Airlines in the Middle East saw demand increase 11.3 per cent, with load factors standing at 53.6 per cent.
Latin America-based carriers saw their cargo traffic for the month fall 9.8 per cent against 2019 and load factors were at 38.7 per cent, up 3.4 points.
'July was another solid month for global air cargo demand. Economic conditions indicate that the strong growth trend will continue into the peak year-end demand period,' said IATA director general Willie Walsh.
'The Delta variant of Covid-19 could bring some risks. If supply chains and production lines are disrupted, there is potential for a knock-on effect for air cargo shipments,' said Mr Walsh.
SeaNews Turkey
Capacity in available CTKs in July was down 10.3 per cent with 2019 levels, with cargo load factors reaching 54.4 per cent, a 9.5 point increase from July 2019.
Asia Pacific carriers saw CTK increase 1.2 per cent in July compared to 2019, with load factors standing at 65.4 per cent, up 13.6 points from 2019.
European carriers saw cargo traffic for the month increase 6.1 per cent, with load factors standing at 59.8 per cent, an increase of 11.3 points.
North American carriers saw demand for the month increase 21.2 per cent, with load factors increasing 44.3 per cent, up 7.1 points.
Airlines in the Middle East saw demand increase 11.3 per cent, with load factors standing at 53.6 per cent.
Latin America-based carriers saw their cargo traffic for the month fall 9.8 per cent against 2019 and load factors were at 38.7 per cent, up 3.4 points.
'July was another solid month for global air cargo demand. Economic conditions indicate that the strong growth trend will continue into the peak year-end demand period,' said IATA director general Willie Walsh.
'The Delta variant of Covid-19 could bring some risks. If supply chains and production lines are disrupted, there is potential for a knock-on effect for air cargo shipments,' said Mr Walsh.
SeaNews Turkey
