CFC: Freighter utilization eases off May highs

The massive drop in scheduled passenger belly capacity implemented in March and April has been a boom for freighter operators. Coupled with a surge of PPE -related shipments out of China, rates climbed to more than twice normal levels in April, even though overall airfreight volumes have declined between 20% and 30% in key markets. […]

Loss of belly capacity hobbles USPS

Large-scale domestic and international passenger flight reductions resulting from the COVID-19 crisis have created capacity problems for postal providers. With mail accounting for approximately 3% of international freight traffic, the post’s loss might mean new business opportunities for all-cargo and express companies. Due to airline travel restrictions and cancellations, the United States Postal Service is […]

What’s ahead for European air trade?

After two strong years, EU-28 air freight export and import tonnage declined in 2019, pushing the average five-year compound annual growth rate down to 2%. Airfreight imports and exports are only 11% higher today than they were in 2014. Figure 1 provides an overview of combined air freight imports and exports into and from all […]
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