Airlines’ hopes of a peak season boost in November failed to materialise with a year-over-year fall in demand of 1 percent point. This is the first decline in demand since the road to recovery started six months ago, according to CLIVE Data Services and TAC Index.
From a low of -37 percent in April, the gap in year-on-year air cargo volumes has been steadily closing in the subsequent months to the end of October, by which time the margin versus 2019 volumes had reduced to -12 percent. In November, however, the gap rose slightly to -13 percent as the coronavirus continued to take its toll on global trade and international supply chains.
https://www.logupdateafrica.com/peak-season-fails-to-boost-air-cargo-demand-in-nov-
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