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.
Belly capacity is currently three times higher than it was almost a year ago, during the belly capacity peak decline
However, belly capacity remains 54% below pre-COVID-19 levels.
Weekly international air cargo capacity, Feb 2020 - March 2021
After a strong decline last year, microchips air exports are seeing a strong demand globally
Almost 50% of microchips air exports originate from China and Japan.