Worldwide air cargo tonnages dipped in the week commencing 29 April, chiefly due to Labour Day holidays and Japan’s Golden Week, while demand and rates remain highly elevated from Middle East & South Asia (MESA) origins to Europe, and average global rates increased slightly.
According to the latest weekly figures and analysis from WorldACD Market Data, total worldwide tonnages dropped by -12% in week 18 (29 April to 5 May), after bouncing back in the previous two weeks from the effects of Easter and Eid holidays. Tonnages fell in week 18 from all the main global regions, but most significantly from the big Asia Pacific origin region, where volumes were down nearly -16%, week on week (WoW).
