IATA: Global air cargo posts slower growth of 3.7pc in Nov 2021 | Malay Mail

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KUALA LUMPUR, Jan 11 — Global air cargo markets showed slower growth in November 2021 with demand, measured in cargo tonne-kilometres (CTKs) increasing 3.7 per cent compared to November 2019, which posted a 4.2 per cent growth for international operations. According to the International Air...

KUALA LUMPUR, Jan 11 — Global air cargo markets showed slower growth in November 2021 with demand, measured in cargo tonne-kilometres increasing 3.7 per cent compared to November 2019, which posted a 4.2 per cent growth for international operations.

Labour shortages, partly due to employees being in quarantine, insufficient storage space at some airports and processing backlogs exacerbated by the year-end rush created supply chain disruptions. “To relieve supply chain disruptions in the air cargo industry, IATA is calling on governments to ensure that air crew operations are not hindered by Covid-19 restrictions designed for air travellers,’’ he said, adding it hoped governments can provide innovative policy incentives to address labour shortages where they exist.

This was only slightly below the previous month’s 5.9 per cent expansion, while international capacity in the region eased 9.5 per cent in November compared to 2019. European airlines saw a 0.3 per cent improvement in international cargo volumes in November 2021 compared to the same month in 2019, but this was a significant drop in performance compared to October 2021’s 7.1 per cent.

 

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