Not much good news in early August data

China Southern was one of the few carriers to report a significant increase in air freight demand in August.
China Southern was one of the few carriers to report a significant increase in air freight demand in August.

As the world’s big cargo carriers and handlers begin to report their August cargo results, there is little to cheer about.

When more data is available, we will publish our usual detailed monthly analysis, but from what we have seen so far we would not be surprised if IATA and WorldACD report a year-over-year decline in demand for airfreight in August when they eventually publish their worldwide summaries. In the meantime here are a few of the highlights — okay, mostly lowlights — from what we have seen so far:

We have yet to hear from many of the major cargo carriers (Air China, Cathay Pacific, EVA, Singapore Airlines, and Turkish, for example) and airports (including Amsterdam Schiphol and Singapore Changi). We expect the usual strong growth at Air China and Turkish, but this will not likely be enough to lighten what appears to be a dark month.

Exit mobile version