Middle East & South Asia reports 8% air cargo demand growth: WorldACD

December 15, 2020:  World Air Cargo Data (WorldACD) reported 1 percent growth in the global air cargo demand in the first week of December (till Dec 6) with Middle East and South Asia registering 8 percent growth.

“A week ago, we reported that in the last week of November, worldwide chargeable weight went down compared with the preceding week. The first week of December did better, and showed a small Week-on-Week increase (+1 percent),” said the release.

The following regions recorded the largest weight increase: Africa (+10 percent), Middle East (+8 percent) and North America (+7 percent).In terms of capacity, Africa, Central & South America and North America showed the largest increase (all three at +4 percent).

The average worldwide yield/rate in week 49 did not go up materially compared with week 48. Hong Kong to Western Europe did not follow this trend, as yield/rate in this market went up 6 percent.