International Air Transport Association’s (IATA) global freight market data shows a demand dropped 27.7% compared to the same period in 2019. On top of that shows a loss of belly cargo operations on passenger aircraft.
Belly capacity for international air cargo fell by 75% in April compared to 2019. Balance 15% is covered with the increase in capacity through expanded use of freighter aircraft.
“There is a severe capacity crunch in air cargo. Demand fell by 27.7% compared to April 2019. But capacity was down 42% because of the sharp cuts in passenger operations which also carry cargo. The result is damaging global supply chains with longer shipping times and higher costs. Airlines are deploying as much capacity as possible, including special charter operations and the temporary use of passenger cabins for cargo. Governments need to continue to ensure that vital supply lines remain open and efficient. While many have responded with speed and clarity to facilitate the movement of cargo, government red-tape—particularly in Africa and Latin America—is preventing the industry from flexibly deploying aircraft to meet the demands of the pandemic and the global economy,” said Alexandre de Juniac, IATA’s Director General and CEO
IATA requests governments to Accelerate approvals for cargo operations, Expedite customs clearance for urgently needed medical supplies and Ensure there is adequate staff on the ground and land-based infrastructure to move cargo efficiently to smooth the operation
- CTK: cargo tonne kilometers measures actual freight traffic
- ACTK: available cargo tonne kilometers measures available total freight capacity
- CLF: freight load factor is % of ACTKs used
- Total freight traffic market shares by region of carriers in terms of CTK are Asia-Pacific 34.5%, Europe 23.6%, North America 24.3%, the Middle East 13.0%, Latin America 2.8%, and Africa 1.8%.