newstodate.aero
Nov 12, 2020 (newstodate): The COVID-19 pandemic has proven to be a major issue and a boon from the skies for the air cargo industry at the same time.
While global freight capacity is calculated to be 20 percent down on 2019, rate per kilogram transported rose dramatically in every market since February 2020.
Pre-COVID air cargo was made up of two equally sized freight carriage segments: cargo transportation on dedicated freighters and cargo transportation in passenger aircraft belly cargo.
Over the years, both segments proved to be equally important and needed. Then, the COVID-19 pandemic began; airlines cancelled passenger flights and parked hundreds of aircraft for indefinite periods. As a result, available passenger aircraft belly capacity decreased by 80%.
Today, freighters and all-cargo flights reign supreme, and the situation will be further stressed as the vaccine air logistics rolls out
While global freight capacity is calculated to be 20 percent down on 2019, rate per kilogram transported rose dramatically in every market since February 2020.
Pre-COVID air cargo was made up of two equally sized freight carriage segments: cargo transportation on dedicated freighters and cargo transportation in passenger aircraft belly cargo.
Over the years, both segments proved to be equally important and needed. Then, the COVID-19 pandemic began; airlines cancelled passenger flights and parked hundreds of aircraft for indefinite periods. As a result, available passenger aircraft belly capacity decreased by 80%.
Today, freighters and all-cargo flights reign supreme, and the situation will be further stressed as the vaccine air logistics rolls out