traditional peak season for global air cargo demand in Q4 2020, the year ended
on a relatively high in December with the first positive year-on-year growth in
weekly volumes in over 12 months, according to the latest industry statistics
from analysts CLIVE Data Services and TAC Index.
Volumes in the
period December 21, 2020 - January 3, 2021 – compared to a corresponding period
of December 23, 2019 - January 5, 2020 – rose 8 percent, contributing to two
new records for CLIVE Data Services’ dynamic loadfactor analyses.
The load factor reached a new high of 73 percent in mid-December
Based on both the
volume and weight perspectives of cargo flown and capacity available, the load
factor reached a new high of 73 percent in mid-December, while week ending January
3 saw an unprecedented level for this time of year of 65 percent, 13 percent
points above the corresponding week a year ago.
showed a continued closing of the gap in year-on-year volumes to -5 percent
versus December 2019 - from a yearly low of -37 percent in April – as volumes
rose 2.5 percent over November 2020. This produced an overall dynamic
loadfactor for the last four weeks of December of 71 percent.
Services’ first-to-market weekly analyses also recorded a 2 percent increase in
available capacity in December compared to November, but this remained -21
percent against the level of freighter and bellyhold cargo space on offer in
the last month of 2019.