New Delhi : Global demand for cargo grew by 9.1% during September as compared to September 2019, indicating that demand remains well above pre-Covid levels, although capacity constraints persist, airline lobby group The International Air Transport Association (IATA) said. in a statement on Wednesday.
“Capacity is constrained at 8.9% below pre-Covid-19 levels (September 2019) (-12%) for international operations,” it said, adding that as a comparison of monthly results for 2021 and 2020, September 2021 and September 2019 A comparison has been made between . distorted by the effects of the pandemic.
“Supply chain disruptions and resulting delivery delays have resulted in longer supplier delivery times. This usually means manufacturers use air transportation, which is faster to recover time lost during the production process. The September global supplier delivery time purchase manager index (PMI) was at 36, values below 50 are favorable for air cargo,” it added.
According to IATA data, airlines in the Asia-Pacific region saw a 4.5% increase in their international air cargo volumes in September 2021 compared to the same month in 2019, while North American carriers saw a 19.3% increase in international cargo volumes in September 2021. registered an increase. September 2019.
European carriers saw a 5.3% increase in international cargo volumes in September 2021 compared to the same month in 2019, while Middle Eastern carriers experienced a 17.6% increase in international cargo volumes in September 2021 compared to September 2019.
Meanwhile, South American carriers reported a 17.1% drop in international cargo volumes in September compared to the period in 2019, the weakest performance of all regions, while African airlines saw a 34.6% increase in international cargo volumes in September , which was the biggest increase. Ninth consecutive month across all regions.
“Air cargo demand grew by 9.1% in September as compared to pre-Covid levels. Supply chain congestion benefits as manufacturers turn to air transportation for speed. But severe capacity constraints continue to limit air cargo’s capacity to absorb excess demand,” IATA Director-General Willie Walsh said in a statement.
“If not addressed, bottlenecks in the supply chain will slow the economic recovery from COVID-19,” Walsh said. Governments must act to reduce pressure on global supply chains and improve their overall resilience ”
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