Selangor Journal
The International Air Transport Association (IATA) logo is seen at the International Tourism Trade Fair ITB in Berlin, Germany, on March 7, 2018. — Picture by REUTERS

International air cargo demand in Asia-Pacific increases 9.2 pct in April — IATA

KUALA LUMPUR, June 8 — Asia-Pacific airlines saw demand for international air cargo increase by 9.2 per cent in April 2021 compared to the pre-Covid-19 level in April 2019, according to the International Air Transport Association’s (IATA) April 2021 data for global air cargo markets.

The data also revealed that the international capacity remained constrained in the region, declining by 18.7 per cent versus April 2019.

“As was also the case in March 2021, the region’s airlines reported the highest international load factor at 77.5 per cent,” it said in a statement today.

Meanwhile, IATA said the global demand, measured in cargo tonne-kilometres (CTKs), was up 12 per cent compared to April 2019 and 7.8 per cent compared to March 2021, while seasonally adjusted demand is now 5.0 per cent higher than the pre-crisis August 2018 peak.

“The strong performance was led by North American carriers, contributing 7.5 percentage points to the 12 per cnt growth rate in April, while airlines in all other regions (except for Latin America) also supported the growth.

“Capacity remains 9.7 per cent below pre-Covid-19 levels (April 2019) due to the ongoing grounding of passenger aircraft and airlines continue to use dedicated freighters to plug the lack of available belly capacity,” it said.

According to the association, international capacity from dedicated freighters rose 26.2 per cent in April 2021 compared to the same month in 2019, while belly-cargo capacity dropped by 38.5 per cent.

IATA director-general Willie Walsh said that air cargo continues to be a good news story for the air transport sector.

“Demand is up 12 per cent on pre-crisis levels and yields are solid. Some regions are outperforming the global trend, most notably, carriers in North America, the Middle East and Africa.

“The strong air cargo performance, however, is not universal. The recovery for carriers in the Latin American region, for example, is stalled,” he said.

— Bernama

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