For example, IATA's most recent air cargo market analysis 2 from June 2021 indicates this was another month of strong air cargo performance, with industry-wide cargo tonne-kilometers growing 9.9 percent compared to June 2019. For demand, capacity and LF, all % changes in 2021 are compared with pre-crisis 2019 months D E M A N D , C A P A C I T Y , L O A D F A C T O R R A T E E V O L U T I O N Source: IATA, Drewry AIR MARKET UPDATE TRADE LANE ANALYSIS | EUROPE $0,00 $1,00 $2,00 $3,00 $4,00 $5,00 $6,00 / KG Frankfurt - Hong Kong London - Singapore Air Cargo Market Analysis - April 2021 3 Chart 6: Cargo load factors by region As air cargo rates broadly follow the trend in load factors, they were up around 85% compared to April 2019 - but 3% below April 2020 (including fuel and other surcharges). The Air Cargo Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides air cargo services market overviews, analyzes and forecasts market size, share, air cargo services market players, air cargo services market segments and geographies, market . The average unit revenue should thus reach $3/kg, compared to $2.71 in 2020 and $1.79 in 2019. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons . Industry-wide cargo tonne-kilometres (CTKs) rose by 7.7% vs. August 2019, compared with an 8.8% expansion in July. The numbers that are shared in the article below reflect the numbers in July 2021. Fast forward to today, and the air cargo industry appears dynamic and further growth is likely ahead. GLOBAL AIR FREIGHT MARKET . In contrast, global passenger traffic fell as much as 94% at the beginning of the pandemic and was still 56% below pre-pandemic levels in August 2021. Furthermore, disrupted ground operations in Shanghai contributed to a 10 percent drop in volumes on the China to Europe trade lane in the last two weeks of August . 23 June 2021 IATA released April 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12%. Industry-wide cargo tonne-kilometres (CTKs) increased by 8.6% compared to July 2019, slightly below the growth outcome for June (9.2%). The strong growth seen in air cargo during the pandemic is expected to continue into the peak demand period at the end of the year, the International Air Transport Association (IATA) said. The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. According to a study released by International Air Transport Association (IATA) in February, 2018, air cargo represents more than 35% of the global trade by value. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons . World freight traffic reported a growth of +9.1% in September 2021 (compared to 2019), +1.4 percentage points up from the growth in the previous month.Air cargo has benefited from the global supply chain congestion as businesses have been shifting volume from ocean to air in order to avoid long delivery times and delays. Download the IATA Air Passenger Market Analysis here. Air Cargo Market Analysis July 2021 Air cargo remains strong but the Delta variant creates risks • Air cargo trends were still strong in July. Global demand, measured in cargo tonne-kilometers (CTKs), was up 12% compared with April 2019 and 7.8% compared with March 2021. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons . Air Freight Monthly Analysis - July 2021. The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. We are pending more information from ITA when it comes to their Cargo Acceptance Rules. Geneva, 8th June, 2021 - The International Air Transport Association (IATA) released April 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12%. This pushed first half-year air cargo growth to 8%, its strongest first half performance since 2017 (when the industry posted 10.2% year-on-year growth). Domestic markets were down 24.3 percent compared to September 2019, a significant improvement from August 2021, when traffic was down 32.6 percent versus two years ago. The International Air Transport Association (IATA) on Tuesday (29 September) downgraded its traffic forecast for 2020 as a result of the COVID-19 pandemic and to reflect a weaker-than-expected recovery, as evidenced by a dismal end to the summer travel season in the Northern Hemisphere. Geneva - The International Air Transport Association (IATA) released data for August 2021 for global air cargo markets, showing that demand has continued its strong growth trend but pressure on capacity is increasing.. As comparisons between the 2021 and 2020 monthly results are skewed by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are for August 2019 . Chart 1 (above), taken from the IATA Air Cargo Market Analysis July 2021, highlights the substantial fall of industry-wide cargo ton-kilometers (CTKs) in the first quarter of 2020. 12/01/2021 | 12:01pm EDT Air Cargo Market Analysis October 2021 Air cargo remains historically high amid disparate drivers Industry-wide cargo tonne-kilometres (CTKs) grew by 9.4% in October 2021 compared to the same month in 2019. Freight Traffic. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons . Air Cargo Market Analysis August 2021 Air cargo still strong, but pressures on capacity are rising • August was the fourth consecutive month of relative stability in air cargo. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to July 2019 which . IATA. Supply chain disruptions and capacity constraints, as well as a deterioration in economic conditions for the sector dampened demand. IATA has reported in its latest market analysis that cargo volumes increased in August 2021, compared with pre-Covid levels (August… Read More IATA World Cargo Symposium moves to Dublin Air cargo trends were still strong in July. The worst impact was in China, while India and Russia were the only large markets to show a month-to-month improvement compared to July 2021. There is a benefit from supply chain congestion as manufacturers turn to air transport for speed. The Air Transport Monthly Monitor for September 2021. The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend, but pressure on capacity is rising. IATA released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and . Key points from our latest report: The period of stability at elevated air cargo volumes continued in September, with industry-wide cargo tonne-kilometres (CTKs) growing by 9.1% compared to September 2019. It comes under the TACT Air Cargo Solutions . Worldwide cargo traffic, measured in freight tonne kilometers (FTKs), increased 2.3 percent during August 2018 compared with August 2017, according to the International Air Transport Association. The 14th World Cargo Symposium will do a deep dive into the challenges and opportunities for air cargo in Dublin, Ireland from Oct. 13-14, 2021. IATA also forecasted a continuous rise in cargo carried to 62.5 . Industry-wide cargo tonne-kilometres (CTKs) rose by 9.1% in September 2021 versus the same month in 2019, after a 7.5% increase in August. Air freight prices should therefore continue to increase during the 4th quarter. Passenger numbers increased to 266,500 last month, 38.1% growth compared to August 2020. 9 November 2021 IATA announced a moderate rebound in air travel in September 2021 compared with August's performance. IATA Cargo Chartbook - Q3 2021. While land and ship cargo transportation remain as favourable options, goods transport by air is considered as the quickest and the unhindered mode of transportation. After adjusting for seasonal patterns, CTKs were a The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. The air cargo market is soaring this year and 2022 is looking even better. GLOBAL TRANSPORTATION MARKET REPORT | JUNE 2021 AIT WORLDWIDE LOGISTICS TSA 100% SCREENING JULY1, 2021 By June 30, 2021, theICAO requires all Member States ensure that 100% of international air cargo transported on commercial aircraft is either (1) screened to a level intended to identify and/or detect the presence of In August, similar growth was 7.5%, the press release notes. According to CLIVE's August 2021 analysis, available global cargo capacity in August was 16 percent lower than levels enjoyed in August 2019, while volumes were up one percent. Air cargo performing well beyond pre-pandemic levels despite capacity deficit SOURCE: IATA, Boeing analysis 2021 2020 2019-12 9 78-20-10 0 10 20 30 40 50 60 70 80 90 Capacity Traffic Revenue Global air cargo vs. 2019 (Jan-Aug) Remarkably, the seasonally adjusted metric in red (which evens out periodic swings) has rebounded strongly from May 2020, when strict lockdowns were lifted, with . Global demand, measured in cargo ton-kilometers, rose 8.6% in July 2021, compared to July 2019, IATA said in its monthly air freight update on August 31, 2021. Globally, according to the latest IATA estimates, airlines are expected to record cargo revenue of $175 billion in 2021, up 36% from 2020, for volumes up by 18.2%. [41] The design of passenger planes, including different layouts and smaller cabin doors compared to dedicated freighters, gives them lower capacity . Geneva, 29th July, 2021 - The International Air Transport Association (IATA) released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019). The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising . View the Air Cargo Market Analysis for August 2021 . The growth rate follows several months of relatively slow growth. This is an excerpt from the full report that focuses on the future of the Air Freight & Cargo industry in 2021. the full report contains a comprehensive backward-looking analysis of how the COVID . Download the IATA COVID-19 September 2021 traffic data presentation here. Cargo Acceptance & General Air Cargo Rules now available under TACT, under ITA (AZ/055) 19 Oct 21 Italia Trasporto Aereo S.p.A. (AZ-055-ITY) has started operations on October 15th 2021, taking over the AZ-055 codes from Alitalia. The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. Geneva - The International Air Transport Association (IATA) released July 2021 data for global air cargo markets showing that demand continued its strong growth trend. IATA Net Rates welcomed Air Canada Cargo to the association's air cargo rates platform, providing the Canadian carrier with an additional digital option for its customers. • Overall market demand has dropped off on the 1st half of February. (Source: IATA) International airfreight volume, which is most important for global supply chains and dominates major trade routes, contracted 7.5% in October from a year ago, which was three basis . [39] USDOT, BTS, "Air Travel-Total-Seasonally Adjusted," accessed July 2, 2021. Cargo proves a savior for Air New Zealand. 22nd September 2021. Since major routes to North America, Asia, and Europe represent a large portion of global cargo volumes, their decline accounted for most of the decrease in global cargo volumes in 2020, while their recovery accounted for much of the increase seen in 2021. The International Air Transport Association (IATA) released data for global air cargo markets showing slower growth in January 2022. Air cargo performing well beyond pre-pandemic levels despite capacity deficit SOURCE: IATA, Boeing analysis 2021 2020 2019-12 9 78-20-10 0 10 20 30 40 50 60 70 80 90 Capacity Traffic Revenue Global air cargo vs. 2019 (Jan-Aug) While there was solid demand for cargo capacity in and out of New Zealand, many of those flights would not have . Air Freight in South Korea - Market Summary, Competitive Analysis and Forecast to 2025 Summary Air Freight in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). IATA now expects full-year 2020 traffic to be down 66 percent compared to 2019. IATA, "Air Cargo Market Analysis," January 2021. Deltas operations have traditionally focused on the United States domestic from CCGL 9021 at The University of Hong Kong Air cargo volumes have trended sideways for the past six months or so, at elevated levels. International passenger demand in August was 68.8 percent below August 2019, which was an improvement compared to the 73.1 percent decline recorded in . IATA has reported in its latest market analysis that cargo volumes increased in August 2021, compared with pre-Covid levels (August 2019), and the outlook remains positive. By the end of 2021, Air New Zealand was operating around 100 dedicated cargo flights a week - a handy piece of business for an airline whose international passenger ops were severely curtailed by border closures and travel restrictions.