Global air cargo rebounds as capacity returns, fuel prices ease
Bangladesh, June 18 -- Pentecost in Europe, Memorial Day in the United States, and the four-day Eid al-Adha festival in MESA and Africa had disrupted operations the previous week, according to the latest figures from WorldACD Market Data.
Global tonnage rebounded +3 week-on-week (WoW) in week 23 (June 1 to June 7), recovering from a -7 drop in chargeable weight the week before.
North America led the rebound with a +16% rise in volumes, followed by MESA at +13. Europe and Africa posted single-digit gains of +6 and +3, respectively, while Asia Pacific and Central & South America (CSA) each declined -2.
A two-week comparison showed the lingering impact of Eid al-Adha, with MESA and Africa outbound chargeable weight falling -13 and -12, r...
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