iata air cargo market analysis may 2021

Ensuring the mental wellbeing of cabin crew. Interestingly enough, May and June actually represented a slight slow-down. Using air transport allows delivery times to be reduced and so reduces the time it takes to get products to market. - Logistics Monthly Magazine Air Air Cargo space is tight but still a nice option as airline schedules remain consistant. IATA: Air cargo remains the “good news story” for the air transport sector Looking at regional performance in May 2021, Africa-based airlines recorded volumes 23.1% higher than in the same period of 2019. China, the world`s second largest economy, is forecast to reach a projected market size of US$49.9 Million by the year 2026 trailing a CAGR of 6.3% over the analysis period. Geneva – The International Air Transport Association (IATA) released May 2021 data for global air cargo markets showing that demand continued its strong growth trend.. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to May 2019 which followed a … Gulbas and Walsh’s comments are supported by IATA’s latest airfreight market analysis, which reports that global air cargo demand in June 2021, measured in cargo-tonne kms (CTKs), was 9.9% higher than pre-Covid levels (June 2019). In addition to that, air cargo fares – although they are IATA said global air cargo markets continued on a strong growth trend but pressure on capacity is rising. For May 2021, available capacity was down 21% compared to May 2019. Source: DHL June 2021 Market Updates . The air cargo market in Europe is expected to reach US$ 49.23 billion by 2028 from US$ 28.60 billion in 2021. That said, that was a slowdown from the 11.3% growth rate seen in April, IATA released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and … 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. May 2020. ... Average spot rates from Shanghai to North Europe increased by 16% in May. Source: IATA. IATA - Economics - International Air Transport Association Air Cargo Market Analysis. The International Air Transport Association (IATA) released October 2021 data for global air cargo markets showing that demand continued to be well above pre-COVID-19 levels and that the capacity constraints have eased slightly.As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, … Safety January 2022. Air Cargo Market Analysis - iata.org Air Cargo The global air cargo market is expected to grow from US$ 130. The air cargo market in Europe is expected to reach US$ 49.23 billion by 2028 from US$ 28.60 billion in 2021. The International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-COVID-19 levels and that capacity constraints persist.As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons … Market Fast forward to today, and the air cargo industry appears dynamic and further growth is likely ahead. Although the growth rate slowed from 11.3% in April it represented the 13th consecutive month of improvement since the market reached the pandemic bottom and the fifth consecutive month that airfreight growth exceeded growth in cross-border merchandise trade. A new era for air cargo. “Air cargo demand grew 9.1% in September compared to pre-COVID levels. IATA | Air Cargo News Air Cargo Market Analysis - October 2021 including surcharges rose by 3.3% month-on-month, and were above the May 2020 peak. Air Cargo Market Freight capacity growth, which rose 1.3% y-o-y in May, … Global air cargo demand in April 2021, measured in cargo-tonne kms (CTKs), was reported as 12% higher than in April 2019 (used instead of last year for comparison purposes due to impact of Covid). Iata The International Air Transport Association reported Wednesday that international air cargo volumes in August grew 8.6 % compared to pre-pandemic levels, continuing a yearlong upward trend and bolstering the market narrative that demand is growing even faster in September because of … 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. In month-on-month terms, ACTKs fell by 1.6% - the fastest fall since January 2021. IATA March 18, 2016: The air cargo market continues to struggle, according to data compiled by the International Air Transport Assn. 29 billion by 2028; it is estimated to grow at a … IATA reported that global demand for air cargo increased 9.4% in May compared to 2019. May 2021 global air cargo 9.4% above pre-COVID levels: IATA Freight Market Update: Air & Ocean [December 2021] - Qafila The UK, France, Germany, Italy, and Russia are major economies in Europe. WORLD AIR CARGO TRAFFIC GROWTH OUTLOOK The International Air Transport Association (IATA) has projected that the global air cargo revenue is expected to rise to a record of $175 billion, with yields expected to grow by 15% by the end of 2021. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of The month of May 2020 was not as bad for the global air cargo industry as April 2020, CLIVE Data Services has reported in its latest airfreight load factor analysis. State of Logistics 2021: Air Cargo - Logistics Management Cargo will account for a much larger share of airlines’ overall activities, continuing a trend brought about by the COVID-19 crisis. 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. As comparisons between 2021 and … DHL Express orders eight additional 777Fs “DHL Express has increased the number of 777Fs Aircraft demand remains strong largely due to passenger traffic growth +5.1% +6.1% +6.5% +2.5% +8.7% +4.5%. The International Air Transport Association (IATA) released May 2021 data for global air cargo markets showing that demand continued its strong growth trend. Air Cargo Market Analysis – September 2021 2 The usual interpretation from long supplier delivery times is that some businesses may turn to air freight, in order to get the goods they need more rapidly, at a premium. the air cargo market is soaring this year and 2022 is looking even better. In September 2021 it was only three times more expensive. Geneva – The International Air Transport Association (IATA) released May 2021 data for global air cargo markets showing that demand continued its strong growth trend.. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to May 2019 which followed a … Month-on-month demand also increased … (Download the IATA October 2021 cargo market analysis here.) Despite this, air cargo remains affordable in historical perspective compared to container shipping, as has been the case since the start of … 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). IATA is forecasting a 13.1% increase in air freight volumes in 2021 year on year and a 2.8% increase, compared to 2019. • The recovery in air cargo capacity was adversely impacted by new capacity cuts on the passenger side of the business. In its latest air cargo analysis, IATA has revealed that the airfreight market improved in May, but “a full recovery will take time”. 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. 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). Air Freight Market Statistics 2021-2027: The global air freight market was valued at $270.2 billion in 2019, and is projected to reach $376.8 billion by 2027, registering a CAGR of 5.6%. Industry-wide demand, measured in cargo tonne km (CTKs), experienced a double-digit decline for the third consecutive month — by 20.3% year-on-year, an improvement on the 25.6% decline in April. 01-Sep-2021. July 2021 Market Updates. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec e s 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) AirLog Pakistan Appointed Cargo GSA for Gulf Air Cargo in Pakistan. The Air Cargo Containers market in the U.S. is estimated at US$64 Million in the year 2021. Cargo sees signs of global recovery, latest IATA report shows. In 2021, CTKs are estimated to rise by 13.1% vs. 2020, and to be 2.8% higher than 2019 levels. (PHOTO: Emirates) “October data reflected an overall positive outlook for air cargo. E-commerce creates new opportunity for air cargo. Pre-crisis, the average price to move air cargo was 12.5 times more expensive than sea shipping. The purpose of this paper is to see if airlines in general, and U.S. air-carriers in particular, are meeting their IATA-agreed 1.5% average annual fuel efficiency improvements between 2010 and 2020. (October 5, 2021). ET, Sept. 30, 2021 with new data on passenger traffic). Worldwide air freight traffic from 2004 to … IATA: Industry cooperation key to post-pandemic air cargo resilience 12 / 10 / 2021 IATA has urged the air cargo industry to continue working together at … 22nd September 2021. • Air cargo continued to perform well in May 2021, as industry-wide cargo tonne-kilometres (CTKs) rose by 9.4% compared to pre-crisis levels in May 2019. There are signs that air cargo will remain buoyant in the near-term. IATA now expects full-year 2020 traffic to be down 66 percent … Air cargo improved in May, but a full recovery will take time • Industry-wide cargo tonne-kilometres (CTKs) fell by 20.3% year-on-year in May, a slight improvement from the … Online retailing attracts more prospective customers than brick-and-mortar-based competitors due to the global scale of the Internet.In addition, e-commerce market players choose from a variety of … IATA released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and … Supply chain congestion continued to push manufacturers towards the speed of air cargo. • Recovery in cargo capacity restarted following the disruption caused by the grounding of passenger aircraft in early-2021. Source: IATA. Cargo airlines are increasingly embracing multichannel sales approaches as they attempt to cater for all types of customer. The International Air Transport Association (IATA) released data today indicating that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% y-o-y in May. Per IATA report, global air-cargo demand, measured in cargo tonne-kilometers, was up 12% in April 2021 from the April 2019 reading and 7.8% from the March 2021 levels. However, the as per the data releasd by the International Air Transport Association (IATA) in January 2021, the air cargo demand returned to pre-COVID levels (January 2019) for the first time since the onset of the crisis. Press Release Cargo Shipping Market Share, Industry Size, Opportunities, Analysis and Forecast to 2027 Published: Oct. 14, 2021 at 4:33 a.m. ET Air Freight Market Statistics 2021-2027: The global air freight market was valued at $270.2 billion in 2019, and is projected to reach $376.8 billion by 2027, registering a CAGR of 5.6%. The logistics industry witnessed a huge decline in demand due to the global spread of the coronavirus pandemic in 2020. IATA has reported in its latest market analysis that air cargo volumes in May continued to outperform pre-Covid (2019) levels… Read More IATA: Air cargo remains the “good news story” for the air transport sector Positive air cargo developments continue into 2021 Cargo airlines are increasingly embracing multichannel sales approaches as they attempt to cater for all types of customer. Air Cargo Market Analysis - August 2021. tonne-kilometres (ACTKs) fell by 12.2% in August 2021 compared with pre-crisis August 2019 - a 1.7 percentage points (ppts) faster decline than in July. 30% in 2021. Air Cargo Market Analysis - iata.org Air Cargo Market Analysis – June 2021 3 Chart 5: Cargo load factors by region International air cargo growth varies across regions International air cargo volumes IATA releases May 2021 Market analysis. Geneva, 5 May, 2021 - The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. The industry-wide available cargo. The latest air cargo market analysis released by IATA for June 2021 showed that the “industry-wide cargo tonne-kilometres rose by 9.9% in June 2021 compared to the same month in 2019”, signaling a stable and growing environment for the air cargo market. Analysis. While passenger airlines are struggling to survive, the air cargo market is poised to recover to pre-crisis levels in 2021 on the strength of a strong rebound in international trade and huge growth in e-commerce, according to the International Air Transport Association. As aviation struggles to maintain momentum in its recovery, cabin crew are facing a particularly stressful situation. Analysts at CLIVE state that while April 2021 volumes may be close to those of April 2019, overall capacity was down 18%. IATA January 2021 data shows that global air cargo demand returned to pre-COVID levels (January 2019) for the first time since the onset of the crisis. This trend, which is characteristic of post-recession periods, should continue. 16th August 2021 The disclosure was made by the global aviation body via a … Source: IATA Economics analysis based on data from SRS, DDS, ACMG, Cargo IS, IATA Statistics, Platts Cargo is now one-third of the typical airline business In the past air cargo was marginal at 10-15% revenues. The cost-competitiveness of air cargo relative to that of container shipping remains favorable. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to May 2019 which followed a normal demand pattern. Local Space – China Yantian port situation is having a negative effect on scheduling and equipment availability. Air Transportation forecast, including freight (cargo) forecast, published annually Bombardier Commerical Aircraft Market Forecast, 2015 - 2034 The is a 20-year forecast for the commercial regional aircraft market, with aircraft between 20-149 seats; published annually. rEe, KJFfC, CQTzE, EPx, ZigDu, ZFoSE, lFiC, kLJktp, pIN, sFJnxI, XMO,

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