Africa Records 34.6% Growth in September Cargo Volumes

Africa witnessed the highest growth in international freight cargo volumes in September compared to any other region in the world as the airlines continue recovery from the impact of Covid-19.

Data from the International Air Transport Association (IATA) indicates that Africa recorded a 34.6 percent growth in the review period to mark a ninth consecutive increase on month to month.

The volumes, according to IATA, are 20 percent above the pre-crisis 2019 levels but have been trending sideways for the past six months.

Total demand for air travel in September 2021 (measured in revenue passenger kilometres or RPKs) was down 53.4 percent compared to September 2019.

The agency says continuing border closures and quarantine mandates are impacting negatively on travel.

“The recent US policy change to reopen travel from 33 markets for fully vaccinated foreigners from 8 November is a welcome development,” IATA said.

Your Friends Also Read:  Metaverse: Facebook Changes to Meta

“Along with recent re-openings in other key markets like Australia, Argentina, Thailand, and Singapore this should give a boost to the large-scale restoration of the freedom to travel.”

All the regions across the world saw their cargo volumes increase, an indicator that the aviation sector is now more dependent on cargo in the wake of dwindling number of passengers seeking air travel.

However, IATA notes that capacity for international operations remains constrained at 8.9 percent below pre-Covid-19 levels (September 2019) for international operations.

Supply chain disruptions and the resulting cargo delays led to long supplier delivery times. This typically means manufacturers use air transport, which is quicker, to recover time lost during the production process.

Your Friends Also Read:  Egypt to Inaugurate Second Sinovac Vaccine Production Line

The September global Supplier Delivery Time Purchasing Managers Index (PMI) was at 36, with values below 50 being favourable for air cargo.

Asia-Pacific airlines saw their international air cargo volumes increase 4.5 percent in September 2021 compared to the same month in 2019.

European carriers saw a 5.3 percent increase in international cargo volumes in September 2021 compared to the same month in 2019.

Middle Eastern carriers experienced a 17.6 percent rise in international cargo volumes in September 2021 when compared to September 2019, an improvement compared to the previous month. However, international capacity was down four percent compared to September 2019.

North American carriers posted a 19.3 percent increase in international cargo volumes in September 2021 compared to September 2019.

Your Friends Also Read:  African leaders pay last respects to Mugabe at state funeral

IATA says new export orders and demand for faster shipping times are underpinning North American performance.

International capacity was down four percent compared to September 2019, a slight improvement from the previous month.


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.

Contact: digital@newscentral.ng

Total
1
Shares

Leave a Reply

Previous Article

Three Killed In Algeria Building Collapse

Next Article

Ghana Parliament Commences Public Hearings on Anti-LGBT+ Law

Related Posts