Interview: Avianca will blossom in South America even as air cargo demand wilts
Latin American air freight volumes have contracted in 26 of the last 28 months. Even ...
IATA has revealed its air cargo data for November, showing that – as predicted – it was a strong peak season. Anecdotally, forwarders have told The Loadstar that the peak was fuelled by Asian carriers in particular taking out capacity, the consequences of Hanjin’s bankruptcy and a general rise in volumes. IATA’s figures, however ,show growth in available freight tonne km of 4.4% globally, and 4% in Asia.
Perhaps more interesting than what happened last year, is what will happen next month. Forwarders and airlines are predicting strong rates until 27 January, in advance of the Chinese new year holiday. And then – who knows? But a lull is not unlikely.