Global air cargo volumes end 2020 on a ‘relative high’ after a turbulent year

posted on 6th January 2021 by Eddie Saunders
Global air cargo volumes end 2020 on a 'relative high' after a turbulent year

Despite no traditional peak season for global air cargo demand in Q4 2020, the year ended on a ‘relative high’ in December with the first positive year-on-year growth in weekly volumes in over 12 months, according to the latest industry statistics from analysts CLIVE Data Services and TAC Index.   

Volumes in the period 21 December 2020-3 January 2021 – compared to a corresponding period of 23 December 2019-5 January 2020 – rose 8%, contributing to two new records for CLIVE Data Services’ ‘dynamic loadfactor’ analyses. Based on both the volume and weight perspectives of cargo flown and capacity available, the loadfactor reached a new high of 73% in mid-December, while week ending 3 January 2021 saw an unprecedented level for this time of year of 65%, 13% points above the corresponding week a year ago.