September & 1st half October: as second wave rolls, air cargo continues its rollercoaster ride

posted on 27th October 2020 by Eddie Saunders
September & 1st half October: as second wave rolls, air cargo continues its rollercoaster ride

The origin regions Africa, Europe and MESA (Middle East & South Asia) had an above average MoM growth in September: +11%, +10% and +8% respectively. Airline revenues increased by 6% MoM, due to a USD-yield drop of 1%, remarkably evenly divided over all regions.

Freighter capacity in September was the same as in August, but cargo capacity on passenger aircraft increased by 3%. Average load factors on the two aircraft types improved by 1%-point and 3%-points respectively. Cargo capacity on passenger aircraft grew strong on the lanes from Central & South America (+15%) and Asia Pacific (+10%).

The first two COVID-19 quarters revisited As we are all aware by now, the period April-September 2020 has produced air cargo figures unheard of before COVID. We revisited these six months to show the YoY COVID-effects up till October.