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January's air cargo demand surpasses 2019 levels: IATA
来源：Shipping News Headlines 编辑：编辑部 发布：2021/03/05 09:15:24
AIR cargo volumes returned to pre-Covid levels in January with demand even increasing compared with 2019 levels for the month, reports London's Air Cargo News.
According to the latest statistics from IATA, air cargo volumes in cargo tonne km terms were in January up by 1.1 per cent compared with 2019 levels and 6.1 per cent year on year.
Meanwhile, capacity for the month was down by 19.5 per cent compared with 2019 and 19.3 per cent on last year.
As a result, cargo load factors stood at 58.9 per cent, which is a 12 percentage point improvement on 2019 and 14.1 per cent increase on last year.
IATA director general and chief executive Alexandre de Juniac said: "Air cargo traffic is back to pre-crisis levels and that is some much-needed good news for the global economy. But while there is a strong demand to ship goods, our ability is capped by the shortage of belly capacity normally provided by passenger aircraft.
"That should be a sign to governments that they need to share their plans for restart so that the industry has clarity in terms of how soon more capacity can be brought online.
"In normal times, a third of world trade by value moves by air. This high value commerce is vital to helping restore Covid damaged economies - not to mention the critical role air cargo is playing in distributing lifesaving vaccines that must continue for the foreseeable future."
IATA said the return to cargo demand growth reflects economic indicators, pointing out that conditions in the manufacturing sector remain robust despite new Covid-19 outbreaks.
It said inventories remain "relatively low" compared with sales figures and export order indicators suggest continued growth - although this metric was "less robust" than at the end of last year as the virus resurgence negatively impacted export business in emerging markets.
All areas apart from Latin America recorded an improvement on last year, but performance was more mixed when comparing with 2019.
Demand at Asia Pacific-based carriers was in January down by 6.8 per cent compared with 2019 but was up by 0.6 per cent on last year. Load factors of 66.5 per cent were the highest of any region.
Carriers based in North America saw January demand increase 11.7 per cent on 2019 levels and by 15.8 per cent on a year ago.
European carriers were down 0.4 per cent in demand terms in January compared with 2019 but registered an improvement of 4.7 per cent on the month in 2020.
Airlines based in the Middle East region saw their cargo volumes in January increase by 6 per cent on 2019 levels and by 7.4 per cent compared with 2020.
Carriers from African in January registered a 21.1 per cent increase on 2019 levels for the same month and a 15.3 per cent improvement on last year.
According to the latest statistics from IATA, air cargo volumes in cargo tonne km terms were in January up by 1.1 per cent compared with 2019 levels and 6.1 per cent year on year.
Meanwhile, capacity for the month was down by 19.5 per cent compared with 2019 and 19.3 per cent on last year.
As a result, cargo load factors stood at 58.9 per cent, which is a 12 percentage point improvement on 2019 and 14.1 per cent increase on last year.
IATA director general and chief executive Alexandre de Juniac said: "Air cargo traffic is back to pre-crisis levels and that is some much-needed good news for the global economy. But while there is a strong demand to ship goods, our ability is capped by the shortage of belly capacity normally provided by passenger aircraft.
"That should be a sign to governments that they need to share their plans for restart so that the industry has clarity in terms of how soon more capacity can be brought online.
"In normal times, a third of world trade by value moves by air. This high value commerce is vital to helping restore Covid damaged economies - not to mention the critical role air cargo is playing in distributing lifesaving vaccines that must continue for the foreseeable future."
IATA said the return to cargo demand growth reflects economic indicators, pointing out that conditions in the manufacturing sector remain robust despite new Covid-19 outbreaks.
It said inventories remain "relatively low" compared with sales figures and export order indicators suggest continued growth - although this metric was "less robust" than at the end of last year as the virus resurgence negatively impacted export business in emerging markets.
All areas apart from Latin America recorded an improvement on last year, but performance was more mixed when comparing with 2019.
Demand at Asia Pacific-based carriers was in January down by 6.8 per cent compared with 2019 but was up by 0.6 per cent on last year. Load factors of 66.5 per cent were the highest of any region.
Carriers based in North America saw January demand increase 11.7 per cent on 2019 levels and by 15.8 per cent on a year ago.
European carriers were down 0.4 per cent in demand terms in January compared with 2019 but registered an improvement of 4.7 per cent on the month in 2020.
Airlines based in the Middle East region saw their cargo volumes in January increase by 6 per cent on 2019 levels and by 7.4 per cent compared with 2020.
Carriers from African in January registered a 21.1 per cent increase on 2019 levels for the same month and a 15.3 per cent improvement on last year.