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.

Shanghai PVG Air cargo capacity declined further to -35% as typhoon Chanthu compounded PVG’s COVID outbreak

Total air cargo capacity ex-China remained flat due to capacity increase out of Hong Kong.

Shanghai PVG Air cargo capacity

Note: Comparing capacity between 13-19 Sep to capacity between July 26-August 1; All international freighter capacity and widebody belly capacity; 1) Including HKG airport

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

US Transatlantic widebody belly cargo capacity grew ~55% over the last 20 weeks, reaching 52% of pre-COVID levels

Will relaxation of US travel restrictions in November further increase Transatlantic widebody belly capacity?

Weekly US Transatlantic air capacity by configuration, 2021

Note: Bi-directional US Transatlantic air cargo capacity (both USA-Europe and Europe-USA)

Source: Seabury Cargo Global Air Capacity Tracking database, Seabury Cargo, Accenture analysis (September 2021)



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