05/02/2021
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Exceptional global air cargo load factors in the last two weeks of January saw 2021 begin with an unusual New Year โpeak seasonโ as demand and supply were closely matched, according to the latest weekly market data from industry analysts CLIVE Data Services and TAC Index.
CLIVEโs โdynamic loadfactorโ analysis for the first four weeks of the year ending 31 January, based on the volume and weight perspectives of cargo flown and capacity available, shows a load factor of 66%, up 9 percentage points year-on-year. The global dynamic loadfactor for the last two weeks of January, however, saw an exceptional 10-15 percentage-point rise over the same days of January 2020.
โStrong, and historically atypical, demand for the start of a new year indicates that air cargoโs slow road to recovery continues,โ says CLIVEโs managing director Niall van de Wouw.
โGlobal volumes in January were -4.5% compared to the same month a year ago, similar to December, and maintained month-on-month improvements following the -13% gap in year-on-year chargeable weight data reported by CLIVE Data Services in November,โ he said.
Available global air cargo capacity in the four weeks to 31 January was -18% compared to 2020.
Source: www.freightnews.co.za