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 air cargo capacity declined 28% last week compared to last year
The Transpacific and Latin America – North America are the only trade lanes that have consistently experienced single-digit declines in cargo capacity since mid-June. Air cargo capacity has decreased by 6.5 million tonnes between April and mid-July.
Air trade lost almost 750,000 tonnes of air cargo in April and May
Demand for personal protective equipment (PPE) increased by over 250,000 tonnes in April and May combined compared to the same months last year.