In detail, global demand sunk by 6.4 percent compared to June 2021 levels (-6.6 percent for international operations). This was an improvement on the year-on-year decline of 8.3 percent seen in May. Meanwhile, capacity rose 6.7 percent compared to June 2021 (+9.4 percent for international operations), an increase on the 2.7 percent year-on-year growth recorded in May, while capacity for the first half-year was up 4.5 percent (+5.7 percent for international operations) compared to H1 2021.

"Air cargo demand over the first half of 2022 was 2.2 percent above pre-COVID levels (first half 2019). That’s a strong performance, particularly considering continuing supply chain constraints and the loss of capacity due to the war in Ukraine. Current economic uncertainties have had little impact on demand for air cargo, but developments will need to be closely monitored in the second half,"

Credit & Source :

Share this post:

Related posts:
Renting in Dubai – What You Need to Know!

Discover the essential guide for real estate buyers and investors in Dubai, including the total costs of renting and why PHOREE Real Estate is your premier choice for navigating the Dubai market with American investment excellence.

Discover How Sunny Dubai Can Brighten Your Investment Portfolio!

Explore Dubai's luxurious lifestyle, from sunny weather and beautiful beaches to dynamic activities and sports. Learn why this vibrant city is a prime destination for real estate investors looking for a blend of luxury and adventure. Contact PHOREE Real Estate...