The state of air cargo and global trade

The COVID-19 pandemic is a health and humanitarian crisis, and it is also an economic shock. We will be providing weekly updates throughout the COVID-19 crisis on air cargo capacity changes based on actual flight movements.

With our comprehensive, reliable and up-to-date demand and supply databases, Seabury Consulting, now part of Accenture's travel industry practice, is able to provide insights and data on air, express and ocean freight demand and capacity on a global basis.

Widebody belly air cargo capacity increased 5% during 15 – 28 June versus the previous two weeks

Freighter cargo capacity remained relatively stable over the last two weeks. Global air cargo capacity increased 1% over the same period.

International air cargo capacity, Feb 2020 – Jun 2021

Note: Direct international capacity only; All freighters and widebody passenger aircraft only; 1) Comparing the 15 – 28 June to the same weeks in 2019; 2) Comparing the last two weeks available versus the previous two weeks;

Source: Seabury Cargo Capacity Tracking database, Accenture analysis (July 2021)

Passenger freighters currently account for 6-7% of widebody international passenger flights

An end to passenger freighter flights would have a limited overall impact on current air cargo capacity.

Weekly widebody passenger flights, June 2021

Notes: “The end looms for passenger-freighters? And some in air cargo won't be sorry” (The Loadstar, 25 June 2021). 1) Based on 1,461 passenger freighter flights mentioned in article, data from Cargo Consulting Facts;

Source: Seabury Cargo Capacity Tracking Database, Accenture analysis (July 2021)

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