Air cargo tonnages and rates from key Middle East and Asian origin markets remain highly elevated, especially to Europe, as strong demand and disruptions to ocean freight services meet limited capacity on key lanes, pushing up rates dramatically on several major intercontinental routes.
According to the latest weekly figures and analysis from WorldACD Market Data, worldwide tonnages have rebounded by a further +2% in week 20 following a similar increase the previous week, after dropping by around -8% at the start of May around the Labour Day holidays.
