Worldwide air cargo tonnages remained flat in the last full week of July, having dropped around two percent the previous week, taking them to around five percent below their level at the end of June, according to the latest weekly figures from WorldACD Market Data.
“There is no clear evidence that the relatively subdued tonnages in the last two full weeks are linked to the IT outages in many countries on July 19. However, tonnages flown from Bangladesh have been down significantly since mid-July due to disruptions caused by political protests that led to blackouts of internet services for several days,” says the update.
Tonnages flown from Bangladesh to Europe declined by -29 percent in week 29 compared with the previous week. “Although volumes bounced back slightly in week 30, regaining six percent WoW, both weeks are down by around 50 percent YoY from a market that has generally seen some substantial YoY growth in 2024.”