Global air cargo tonnages have rebounded in the final full week of February following their normal Lunar New Year (LNY) dip, while key Asia-Europe sea-air hubs have continued to record a strong surge in tonnages, linked to the disruptions to container shipping in the Red Sea, analysis this week by WorldACD Market Data reveals.
As highlighted last week, Asia-Europe sea-air hubs such as Dubai, Colombo and Bangkok have in recent weeks experienced exceptionally high air cargo demand, as cargo owners whose supply chains have been disrupted by the attacks on container shipping in the Red Sea seek fast but affordable alternatives to deliver goods to Europe from Asia Pacific. Fresh analysis this week, based on the more than 450,000 weekly transactions covered by WorldACD’s data, reveals that Dubai-Europe air cargo traffic in week 8 was at more than double (+146%) its level this time last year, with average tonnages for the last two full weeks (weeks 7 and 8) up by +140%, year on year (YoY).
