Air cargo revenues remain stagnant

Of the top 50 traffic streams outside the transpacific market, only three recorded a positive revenue development: Nairobi-Amsterdam, Chicago London and Mumbai-London.

Despite this, worldwide air cargo developments in June did not differ much from developments in May, says air cargo market data provider WorldACD.

WorldACD explains that year-over-year (YoY) volume growth was slightly higher at 2.6% versus 1.8%; and Africa, the Middle East and South Asia were again among the best performing origins volume-wise.

Of the absolute volume growth worldwide, 37.5% came from pharmaceuticals and perishables only.

Worldwide revenue was down by 9.3%. Of those outside the transpacific market, virtually all suffered a considerable revenue loss YoY.