Air cargo continues downward trend
DUBAI, January 11, 2021
The average worldwide air cargo yield/rate continued its downward trend in the last week of 2020, according to WorldACD Market Data.
In the last week of the year worldwide volume decreased by 16% compared with the previous week, whilst worldwide capacity decreased by 7%.
On a regional level, origin Middle East & South Asia did best with a volume decrease of 1% week-over-week, while Europe recorded the largest decrease (-22%).-- Tradearabia News Service