Worldwide air cargo rates continued to rise into the first week of April, boosted by a surge in prices and demand from Middle East & South Asia origins, according to the latest weekly figures and analysis from WorldACD Market Data. Tonnages declined from most regions, linked to various holiday periods around the world including Easter, Ramadan and China’s Qingming Festival, the update added. “Average global rates rose, week on week (WoW), by more than two percent in week 14 (April 1-7) to $2.54 per kilo, following consecutive weekly WoW rises of between two and three percent last month, taking them to just (-) one percent of their level in week 14 last year and significantly above pre-Covid levels (+41 percent compared to April 2019).”