Travel Industry News at TravelNewsAsia.com since 1997. Interviews, podcasts, videos, pictures and more
Tue, 8 June 2021

Air Cargo Demand Up 12% on Pre-COVID19 Levels

IATA's global air cargo data for April 2021 shows that demand, up 12%, continued to outperform pre-COVID levels (April 2019).

As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID19, unless noted otherwise, all comparisons to follow are to April 2019 which followed a normal demand pattern.

Global demand, measured in cargo tonne-kilometers (CTKs), was up 12% compared to April 2019 and 7.8% compared to March 2021. Seasonally adjusted demand is now 5% higher than the pre-crisis August 2018 peak.

The strong performance was led by North American carriers contributing 7.5 percentage points to the 12% growth rate in April. Airlines in all other regions except for Latin America also supported the growth.

Lockheed Martin LM-​100J Super Hercules reg: N5103D. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

Capacity remains 9.7% below pre-COVID19 levels (April 2019) due to the ongoing grounding of passenger aircraft. Airlines continue to use dedicated freighters to plug the lack of available belly capacity. International capacity from dedicated freighters rose 26.2% in April 2021 compared to the same month in 2019, while belly-cargo capacity dropped by 38.5%.

Competitiveness against sea shipping has improved as air cargo rates have stabilized since reaching a peak in April 2020, while shipping container rates remain relatively high in comparison. Meanwhile, longer supplier delivery times as economic activity ramps up make the speed of air cargo an advantage by recovering some of the time lost in the production process.

Air cargo continues to be the good news story for the air transport sector. Demand is up 12% on pre-crisis levels and yields are solid, said Willie Walsh, IATAs Director General. Some regions are outperforming the global trend, most notably carriers in North America, the Middle East and Africa. Strong air cargo performance, however, is not universal. The recovery for carriers in the Latin American region, for example, is stalled.

Asia-Pacific airlines saw demand for international air cargo increase 9.2% in April 2021 compared to the same month in 2019 and a significant improvement in performance compared to March 2021. International capacity remained constrained in the region, down 18.7% versus April 2019. As was also the case in March, the regions airlines reported the highest international load factor at 77.5%.

North American carriers posted a 25.6% increase in international demand in April 2021 compared to April 2019. This strong performance reflects the appetite of US consumers for products manufactured in Asia. North American carriers have also been able to grow their market share, notably on routes between North and South America, owing to the large freighter fleets they have available. International capacity grew by 5.5% compared with April 2019.

European carriers posted an 11.4% increase in demand in April 2021 compared to the same month in 2019. This was a significant improvement compared to the previous month. Improved operating conditions and recovering export orders contributed to the positive performance. International capacity decreased by 17.5% in April 2021 versus April 2019, remaining unchanged from the previous month.

Middle Eastern carriers posted a 15.3% rise in international cargo volumes in April 2021 versus April 2019. This was a significant improvement compared to the previous month. Seasonally adjusted volumes remain on a robust upward trend. International capacity in April was down 17.5% compared to the same month in 2019.

Latin American carriers reported a decline of 32.7% in international cargo volumes in April compared to the 2019 period. This was the worst performance of all regions and a decline in performance compared to the previous month. Drivers of air cargo demand in Latin America remain relatively less supportive than in the other regions, and airlines in the region have lost market share to other carriers due to financial restructuring. Despite this, volumes on several routes in the region (such as Europe and Central America, and North and South America) performed well. International capacity decreased 52.5% compared with April 2019.

African airlines cargo demand in April increased 30.6% compared to the same month in 2019, the strongest of all regions and the fourth consecutive month of growth at or above 25% compared to 2019. Robust expansion on the Asia-Africa trade lanes contributed to the strong growth. April international capacity increased by 0.6% compared to April 2019.

See also: What is the IATA Travel Pass, and what does it mean for travellers, airlines and the global travel industry? Exclusive video interview with Vinoop Goel.

See latest Travel Industry News, Video Interviews, Podcasts and other news regarding: IATA, Traffic, Cargo, Freight, FTK.

Headlines: Qantas to Launch Flights Between Melbourne and Jakarta, Indonesia  PPHG to Open Parkroyal Langkawi Resort on 15 February  Saudia Links Transit Visas to Flight Tickets  Smiths Detection Installs Remote Screening Platform for DHL Express Australia  Emirates Offers Free Night at 5-Star Hotel to Premium Passengers  Air France to Increase Capacity to Beijing, Hong Kong and Shanghai  Etihad Airways to Increase Flights to Frankfurt, Germany  airBaltic Returns Last Q400  Singapore Airlines Launches Free Unlimited In-Flight Wi-Fi for Select Passengers  Ascott Launches New Portfolio of Hotels - The Crest Collection  Five 388-Metre Urban Ziplines Open in Macau  Airbnb Says Thailand #1 Outbound Destination for Chinese Travellers  Onyx Hospitality Strengthens Senior Management Team  Chandrashekar Joshi Moves to Thailand as GM of Hyatt Regency Phuket  airasia Super App Expands Hotel Booking Platform with Archipelago's 40,000+ Rooms  CWT Meetings & Events Upgrades Planning Service with Two Solutions  Thai AirAsia to Launch Flights Between Bangkok and Mae Sot, Thailand  Qatar Airways Launches Thrice Daily Flights to Phuket, Thailand  Minor Opens First Anantara Hotel in France  Asia Pacific Airlines Carried 105.4m Int. Passengers in 2022, Up from 17.4m in 2021  Westin Begins Global Rollout of New Workout Gear Lending Kits  Tourism Australia Appoints Karen Saw as Country Manager Malaysia  Freed Group Acquires Connexus Travel  Embraer Appoints Andreza de Souza Alberto as VP People, ESG and Corporate Comms  Mandarin Oriental Signs Resort in Punta Negra, Mallorca  Boeing to Stream Live Webcast of Last Boeing 747 Delivery  Agoda Adds Shopping Cart to Booking Experience  Norse Atlantic Airways Opens FCO-JFK Ticket Sales  Qatar Airways Expands Avios Redemption Options  First Class of Pilots Graduate United Aviate Academy  Mogadishu FIR Reclassified as Class A Airspace  SITA Partners Zamna Technologies  Noise Cancelling Ear Plugs for a Perfect Night's Sleep  Steven Howard Outlines Travel News Asia's Video and Podcast Plans for 2023  Singapore to Host Inaugural Asia-Pacific Summit for Aviation Safety in March  Yotel Signs First Hotel in Saudi Arabia  Cebu Pacific to Resume Melbourne - Manila Flights  Marriott Upgrades Event Booking Process with GroupSync Marketplace  Aeroflot to Increase Flights to Guangzhou and Shanghai, China  Air France to Expand Caribbean Network  Airbus Helicopters Logged 362 Net Orders in 2022  Marriott Signs First Ritz-Carlton Reserve in South America  Hyatt Signs First Unbound Collection Hotel in Tokyo  Qantas Expands Codeshare Agreement with IndiGo  Etihad Airways to Double Flights to Jakarta, Indonesia  AirAsia X Resumes Flights Between KL and Osaka, Japan  CX Reports December Traffic; Expects Return to Pre-Pandemic Capacity by End-2024  Tom Pieter Van Tuijl Appointed GM of Centara Mirage Resort Mui Ne in Vietnam  Smiths Detection Launches iLane A20  Emirates Tests GE90 Engine with 100% SAF  Accor Targets 250+ Handwritten Collection Hotels by 2030  TAT and Thai AirAsia Promote Secondary Cities in Thailand  Mondrian Singapore Duxton Hotel to Open in March  Uzbekistan Airways Orders 12 Airbus Aircraft  Emirates Promotes Three Attractions in Dubai  Elbit Systems Wins Main Deck Cargo Door Contract for Boeing 777 Freighters  Singapore Smash 2023 to Showcase City's Best Table Tennis Players  Hotel du Cap-Eden-Roc in France to Reopen 14 April  IHG Signs voco Hotel in Gurugram, India  Agoda Reveals Most Popular Destinations for Lunar New Year  Air Serbia Signs Codeshare Agreement with Qatar Airways  Delta Increases Airbus A220 Orders to 119 Aircraft  Jumeirah Bali Appoints Paula Choi as Wellness Consultant  Connexus Travel Appoints Eric Lau as General Manager  Rugby Sevens Returns to Hamilton, New Zealand  CWT Wins Siemens Gamesa Renewable Energy Contract  Accor to Expand Legendary Orient Express Brand to Cruise Market  Emirates to Increase Stansted Flights; Resume A380 Service to Birmingham, Glasgow and Nice  Asia Digital Engineering Opens MRO Facility in Johor Bahru, Malaysia  Marriott Signs Three Hotels in Brazil  Malaysia Aviation Group Joins UN's Global Compact Initiative  Two Executive Appointments at Diethelm Travel Group  Undisclosed Customer Orders Fifteen E195-E2 Aircraft  Increased Demand in Asia Pushes Finnair to Increase European Flights  Emirates to Resume Direct Dubai - Hong Kong Flights  Hong Kong Airport Handled 5.7 Million Passengers in 2022  Phuket Shines as Aeroflot Names Most Popular New Year Destinations  Thai AirAsia Unveils Amazing Thailand, Amazing New Chapters Aircraft Livery  Wyndham Opens Hotels in Thailand and Vietnam  Etihad Airways to Launch Flights to Copenhagen and Düsseldorf  Rolls-Royce Tests MTU Engine with 100% Hydrogen  Air France-KLM's NDC Content Now on Travelport+  Hyatt Opens Thailand's First Andaz Hotel  Four Seasons Resort and Residences at The Pearl-Qatar Starts Accepting Reservations  Brian Tong Appointed AGM of Waldorf Astoria - Greater China and Mongolia  Hong Kong Reports Provisional Arrivals for 2022; Outlines Global Promotions  Emirates to Offer High-Speed Inflight Broadband on 50 New A350s  Airbus Delivered 661 Commercial Aircraft to 84 Customers in 2022  Cyprus Airways Appoints APG Hellas as GSA in Greece  Australia Upgrades Airport Tech with Self-Service Biometric Kiosks  Emirates to Resume Tokyo Haneda Flights in April  Chiva-Som Hua Hin Appoints Patience Sangwa as Resident Naturopath  Asia Pacific Airlines' RPK Up 499.2% in November  Etihad to Double Number of Flights to Bangkok, Thailand  Hyatt Opens Riverside Hotel in London, England  airBaltic to Offer Free High-Speed In-Flight Internet to Every Passenger  Savio Fernandes Joins Four Seasons Bengaluru as Director of F&B  CWT Appoints Richard Thompson as Global Head of ESG and Employee Experience  Accor Opens Grand Mercure Resort in Seminyak, Bali  Peter Pottinga Returns to Thailand as GM of Luxury Hotel in Chiang Mai  Ritz-Carlton Appoints Amanda Joiner as Head of Leadership Center  OAG Report Highlights World's Most Punctual Airlines and Airports  Boeing Reports Total Orders and Deliveries for 2022  Marriott Opens Second JW Hotel in Germany  Air Cairo to Implement Accelya's Revenue Management Solution  Emirates Completes IOSA with Zero Findings  China Airlines Partners Toutouan and JIA to Upgrade Japanese Inflight Cuisine  IATA Reports November Traffic; Governments Playing Science Politics  Accor Rebrands Hotel in Cairns, Australia  PIA Extends Partnership with Sabre  Ascott Appoints Serena Lim as Chief Growth Officer  Martin Zarybnicky Joins Anantara Siam Bangkok Hotel as General Manager  InterContinental Singapore Appoints Kenny Chung as Executive Chef  Airbus Partners VDL Group for Airborne Laser Communication Terminal  Asia Pacific Airlines' Air Cargo Volumes Down by 18.6% in November  Lamberto Martinello Joins ATR as Head of Communications and Corporate Branding  Manchester United and Marriott Create Unforgettable Experiences  Etihad Airways to Increase Flights to China  Anthony Tschudin Joins Four Seasons Chiang Mai as Resort Manager  Aeroflot Launches Six New Routes to Mineralnye Vody  British Airways Unveils New Uniforms  Elbit Systems to Establish New Tank Simulation and Training Centers for IDF  Accor Prepares to Open First Ibis Budget Hotel in Cambodia  Cebu Pacific Takes Delivery of Ninth Airbus A320neo  Emirates to Promote Tourism to Bahamas  Etihad Airways Appoints Arik De as Chief Revenue Officer  Korean Air CEO's New Year Address to Employees  Christoph Strahm Appointed GM of Pan Pacific Hanoi  Four Seasons Resort Seychelles Reopens Three-Bedroom Beach Suite  BA Euroflyer Increases Short-Haul Flights for Summer 2023  China Airlines Launches Taipei - Da Nang Flights  United Airlines to Resume San Francisco - Hong Kong Flights in March  Maximilian Schillik Joins Four Seasons Hotel Seoul as Director of Rooms  Marriott Expands AC Hotels Brand to China  British Airways to Launch Flights Between London Heathrow and Florence, Italy  IHG Signs India's First voco Hotel  Hong Kong Rugby Celebrates New Year with Youth Tournament  Egyptian Air Force Orders 12 Boeing CH-47F Chinooks  Onyx Hospitality Opens 96-Room Hotel in Hong Kong  TurboJET to Resume HKIA - Macau Ferry Transfer Service on 30 December  Aeroflot to Launch Flights Between Irkutsk and Bangkok, Thailand  Marriott Opens All-Inclusive Autograph Collection Resort in Cancun, Mexico  Jetstar Celebrates Christmas with Arrival of Two A321neo LR Aircraft  Malaysia Airlines and Saudia Expand Partnership with Codeshare Flights  Stephanie Linnartz to Leave Marriott for Under Armour  Groupe GM Redesigns Pascal Morabito Contemporary Hotel Guest Amenities  Accor Opens ibis Hotel in Chiang Mai, Thailand  Korean Air Receives China's Approval for Asiana Acquisition  Nicolas De Gols Appointed GM of Le Royal Monceau - Raffles Paris  BOC Aviation Increases Boeing 737 MAX 8 Orderbook to 80 Aircraft  Leon Baum Moves to Egypt as GM of Four Seasons Resort Sharm El Sheikh  Radisson Opens First Safari Resort in Africa  Air New Zealand Partners Four Companies for Mission NextGen Aircraft  CIAF Leasing Takes Delivery of Three Embraer E190s  Star Alliance Appoints Charlotta Wieland as Interim CEO  Urs Aebi Appointed GM of Cape Fahn Hotel in Koh Samui, Thailand  World Rugby Sevens Challenger Series 2023 to Take Place in South Africa in April  Amari Watergate Bangkok - 4K Video Interview with Sukamal Mondal, Area GM  Bangkok Riverside Fest 2023 - 4K Video Interview with Frederic Kolde, Anantara Riverside Resort  Business Travel Trends in Asia Pacific - Video Interview with Brett Thorstad, Sabre  Pictures from Miss International Queen 2022 in Pattaya, Thailand  HD Video Interviews from Miss International Queen 2022 in Pattaya, Thailand  Is Siam Seaplane Ready for Take Off? Interview with Dennis Keller, Chief Business Officer  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS Feed - Travel Industry News  Ticker - Travel Industry News  Travel Industry News Archives  Travel Trade Shows  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2023 TravelNewsAsia.com