Skift Take
Supply chain disturbances in addition to the easing of capability restraints on aircraft supplied the perfect storm for air cargo to get a major increase in October. However like all others sector of travel, international air cargo’s healing could seriously be threatened by the brand-new Omicron variation.
Rashaad Jorden
Need for international air freight rose 9.4 percent in October compared to the very same duration in 2019, spurred in large part by makers turning to air transport to combat shipment delays caused by supply chain interruptions mainly occurring at sea.
The International Air Transportation Association launched on Wednesday its October data showing the demand for air cargo markets around the world is above pre-pandemic levels as capability constraints have been slightly relieved.
“October information showed a total positive outlook for air freight. Supply chain congestion continued to push manufacturers towards the speed of air cargo,” said IATA Director General Willie Walsh.
The push towards air transportation was boosted by the worldwide Provider Shipment Time Getting Managers Index reaching a lowest level of 34.8 in October– values listed below 50 are thought about beneficial for air cargo.
Many regions also saw a boost in international freight volumes in October compared to pre-pandemic figures. African airlines tape-recorded the biggest jump of all locations, as worldwide cargo volumes increased 26.7 percent. While Latin America was the only region to report a decline– 6.6 percent compared to 2019– volumes did reveal enhancement from the prevous month, a 17 percent fall.
However, Walsh revealed issue about the possible impact of the brand-new Omicron variant on air transport. “If (the variant) moistens travel need, capacity issues will become more severe,” he stated.