Impact Publications : Aircargo_240
AirCArgo AsiA-PACifiC • DECEmbEr - JANuAry 2016 • Page 13 GOING by the bare worldwide month- ly figures, November 2015 was not a good month for air cargo according to the latest analysis from World ACD. For the first time in 2.5 years, monthly volume dropped yoy (-0 .9 per cent). Although uSD-yields im- proved for the third month in a row, the one per cent increase was smaller than the usual yield improvement from October to November. How- ever, the mom yield increase was in line with last year’s when taking into account the major exchange rate effects. A spokesperson for World ACD said: “When viewing the last three months together (November had five Sundays and mondays, traditionally not the best cargo days), there is no escaping the facts: (i) September-November showed a yoy volume growth of one per cent only, well below the yoy increase of 2.6 per cent until August, and (ii) November was weaker than October, for the first time since 2011.” “Is it all bad news then towards the year’s end? “The answer is no, thanks to China and Hong Kong. Together, these usual growth engines account for almost 30 per cent of worldwide revenues. Their exports by air to Europe had been below previous year’s volumes for a good part of 2015, but over the past months this negative pattern was reversed. The destination North Amer- ica had already performed well since the beginning of 2015 and continued that trend towards the year’s end. And the yield developments (in uSD) were even more encouraging. Contrary to recent figures from other sources, we observe rather positive yield patterns for the origin Asia Pacific: between August and November, yields rose by 17 per cent to Europe, and by 10 per cent to North America. “However, intra - Asia Pacific air car- go suffered. yoy volumes were down by four per cent in November, and by 1.3 per cent for the last three months. And coupled with that, the average uSD-yield in the area fell by four per cent since August 2015. “Volumes from Africa, Europe and the middle East & South Asia (mESA) grew more than average (by four, four and two per cent respectively) since August whilst volumes from the Amer- icas contracted compared to 2014. but in Central and South America, compen- sation was found in strongly growing yields between August and November (+13 per cent). “Perishables and pharmaceuticals remained positive, also over the past three months, with yoy volume growth of five per cent respectively 10.5 per cent. Whilst perishables shared in the small yield upswing since last August, pharmaceuticals did not: their rapid growth is accompanied by a uSD-yield drop of five per cent since September. When measuring in Eur however, the main currency for pharma, the picture is much more positive.