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TIACA February Economics Briefing.pdf

TIACA-February-Economics-Briefing.pdf
Preview of TIACA February Economics Briefing
🔗 Source: tcs-worldwide.com
📊 Size: 115 KB
📄 Pages: 1 page
⬇️ Downloads: 58

Summary

The global air cargo market nearly recovered to pre-pandemic levels in February, with freight volumes, capacity, and load factors stabilizing close to 2019's performance, and rates slowly trending downwards. Chargeable weight was -0.7% compared to 2019 and +2.6% compared to February 2021, while capacity was -5.4% and +6.9% compared to 2019 and 2021, respectively. However, the war in Ukraine is expected to cause significant uncertainty, with potential impacts on Europe-Asia trade flows, rising oil prices, and airfreight rates, which may push rates up, particularly for North East Asia markets.

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Description

The global air cargo market nearly recovered to pre-pandemic levels in February, with freight volumes, capacity, and load factors stabilizing close to 2019's...

Technical Information

  • File Format: PDF
  • File Size: 115 KB
  • Pages: 1
  • Language: EN
  • Total Downloads: 58
  • Last Updated: 3 months ago

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