Cargo Breaking News
According to the latest weekly figures and analysis from WorldACD Market Data, “Air cargo tonnages from Middle East & South Asia (MESA) origins have rebounded partially in the third week of June after falling sharply in the previous two weeks due to the effects of Eid Al-Adha holidays and the conflict between Israel and Iran. “Tonnages flown from MESA origins bounced back with a +10 percent week-on-week (WoW) increase in week 25 (June 16-22) after falling by around -15 percent in the first two weeks of the month,” stated report. “Declines in week 23, especially intra-MESA traffic (-26 percent) and MESA to Africa flows (-16 percent), had continued in week 24 with Levant countries (-17 percent) and South Asia (-12 percent) impacted particularly strongly including WoW declines in traffic from Bangladesh (-48 percent) and Pakistan (-30 percent).” Those declines were partially reversed in week 25 with a +14 percent rebound from the Levant, +32 percent from Pakistan origins and a +18 percent WoW increase in flown chargeable weight from Bangladesh, respectively, the update added.
