Global air cargo tonnages dipped by around -3% in week 38 (16-22 September), week on week (WoW), with the declines caused mainly by national holidays in China, South Korea, and Chile, according to the latest weekly figures and analysis from WorldACD Market Data.
The worldwide -3% fall in flown chargeable weight was mainly driven by Asia Pacific origins, from where a -6% WoW decline in tonnages was responsible for almost three quarters (73%) of the overall global decrease. This Asia Pacific drop was mainly due to the seasonal effects of mid-autumn or harvest festival holidays in various parts of East Asia – taking place this year from 16 to 18 September, within week 38.
