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.
Air cargo capacity declined 12% compared to the same weeks in 2019
The transpacific trade lane showed a strong increase in capacity in the last two weeks.
Trade lanes affected by the Suez Canal incident have not seen any fundamental shift in air cargo capacity the last weeks
Both freighter and widebody belly capacity have not shown material changes. A small fraction could still shift to air.