Regional performance tepid; Middle East, South Asia see 7% fall in volumes: WorldACD
In week 10, global air cargo volume decreased by 1 percent compared with the previous week pushing an increase in worldwide capacity by 1 percent.
In week 10 of 2021, worldwide air cargo volume decreased by 1 percent compared with the previous week pushing an increase in worldwide capacity by 1 percent, according to WorldACD’s weekly data analysis.
Actual yields against volume development
On a regional level, the origins Asia Pacific and Central and South America did best with a volume increase of 1percent week-over-week, while origin Middle East and South Asia showed the largest decrease (-7 percent).
In terms of trading partners, Germany and China witnessed a 14 percent increase in volume on a week-on-week basis followed by China East and USA while Hong Kong and the Western Europe dropped 5 percent in volume.
Week-on-week change per origin region
The average worldwide yield/rate in week 10 increased slightly compared with week 09.