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.
Global international air cargo capacity was down -7% between 20 Dec ‘21–2 Jan ‘22, compared to two years ago
Capacity fluctuations over the holidays have impacted figures versus “normal” weeks
Hong Kong air cargo capacity could be severely affected by crew quarantine measures
Hong Kong air cargo capacity may be severely reduced if other carriers (in addition to Cathay Pacific) have to cancel flights (especially freighters)