Air Cargo Traffic Proving More Robust

Air cargo traffic is currently proving more robust than passenger traffic. Crucial for keeping supply chains open, particularly for food, pharmaceuticals and other essential sectors, air freight is not subject to the same COVID-19-related restrictions as passengers.

Every revenue stream that airlines can continue to generate is welcome. However,reduced passenger networks also means that cargo capacity has fallen. According to IATA, the global air freight market plummeted by 27.7% in April this year compared to the same period in 2019.