in Air Transport

African airlines see 30.6% rise in demand for air cargo transport in Apr 2021

Posted 9 June 2021 · Add Comment

The International Air Transport Association (IATA) released April 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12%.

Image: IATA

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 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.

    Capacity remains 9.7% below pre-COVID-19 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%.

    Underlying economic conditions and favourable supply chain dynamics remain supportive for air cargo:

        Global trade rose 4.2% in March.

        Competitiveness against sea shipping has improved. Air cargo rates have stabilized since reaching a peak in April 2020, while shipping container rates have 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. 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,” said Willie Walsh, IATA’s director general. 

 

 

Other April Regional Performance

 

 

Asia-Pacific airlines saw demand for international air cargo increase 9.2% in April 2021 compared to the same month in 2019. This was a significant improvement in performance compared to the previous month. International capacity remained constrained in the region, down 18.7% versus April 2019. As was also the case in March, the region’s 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.

Other Stories
Advertisement
Latest News

Bestfly Cabo Verde receives third ATR-600

Bestfly Cabo Verde has received its third ATR 72-600, from aircraft leasing company Elix Aviation, that will provide inter-island services in Cape Verde.

UNWTO and AFRAA to to restart of African tourism and travel

UNWTO has signed an MoU with the African Airlines Association (AFRAA) to work more closely together and strengthen the relationship between the aviation and tourism sectors.

United Airlines adds service between Lagos and Washington D.C.

United Airlines has announced a new service between Lagos and Washington, D.C. will begin 29 November westbound and 1 December 2021 eastbound (subject to government approval).

Zela Aviation and Precision Air sign strategic agreement

Aircraft chartering and sales company Zela Aviation has entered a strategic partnership with Tanzania’s Precision Air.

Inmarsat launches new customer experience platform for airlines

Inmarsat has launched its innovative new OneFi customer experience platform for airlines.

FAI dedicates Global Express to ultra-long-range air ambulance operations

FAI rent-a-jet, Germany’s Special Mission Operator, has configured one of its seven Global Express aircraft (D-AFAM) as a dedicated air ambulance.

WDS SK2601090322
See us at
DIACC BT0809131121Aviation MENA 2022WDS BT1202090322DAS21_BT