Air cargo tonnages from Dubai to Europe are continuing to boom, while overall global demand has broadly stabilized following a strong return of Asia Pacific volumes since the Lunar New Year (LNY) dip in early February, according to the latest weekly figures from WorldACD Market Data.
Analysis of week 10 (4-10 March) reveals that Dubai-Europe tonnages were at three times their level (+205%) this time last year, and around +7% up compared with the previous week. As WorldACD has highlighted in recent weeks, certain key Asia-Europe sea-air hubs such as Dubai, Colombo and Bangkok have experienced exceptionally high air cargo demand to Europe since the start of this year, in large part linked to the disruptions to Asia-Europe container shipping caused by the attacks on vessels in the Red Sea.
