Impact Publications : Aircargo_242
Page 8 • AirCArgo AsiA-PACifiC • APRIL-MAY 2016 ASIA-PACIFIC PRinT PoST APPRovAL PP665002/00123 AirCargo Asia-Pacific is published by iMPACT PubLiCATionS Abn no 70 257 512 639 54 harborne Street, Wembley WA 6014 Australia. Po box 1035, West Perth WA 6872. Tel: (08) 9382 8388 email: email@example.com www.aircargo-ap.com.au or www.impactpub.com.au/aircargo Proprietors: Chris Hurd, Sofia Hurd. Managing editor: Chris hurd. email: firstname.lastname@example.org editor: Jack handley editorial Contributors: Kelvin King, Advertising Director: Sofia Hurd business development: Sandra Lewington. Contributors in: ■ neW ZeALAnd & SouTh PACiFiC ■ SinGAPoRe ■ uS/CAnAdA ■ honG KonG ■ uK/euRoPe ■ indoneSiA All Advertising enquiries to Australia Tel: +61 8 9382 8388 Email: email@example.com AirCargo magazine is published as a digital magazine six times a year and is emailed in pdf to subscribers as well as available to be read in flipbook format at the AirCargo web site. it is supported by a daily website and weekly e-news. People wishing to subscribe should go to the website at www.impactpub.com.au/air- cargo and click on the blue box. © impact Publications Western Australia 2016. All rights reserved in all countries. no part of this publication may be reproduced by any means whatsoever without the written permis- sion of the publishers. views and opinions expressed in AirCargo Asia-Pacific do not necessarily reflect those of the management. 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ACD sees light at the end of cargo tunnel AVIATION analyst World ACD re- ports March 2016 offered some hope of a change for the better in a few of the world’s air cargo markets. Although year-on-year (YoY) volumes dropped by 0.9 per cent world wide, the flows from Asia Pacific to europe and the Middle east & South Asia (MeSA) showed growth of 19 per cent and 12 per cent respectively. Volumes from MeSA to eu- rope were up by nine per cent. europe and MeSA were the regions performing best in incoming traffic growth (+eight per cent, +three per cent). YoY yields (in USD) dropped by 18 per cent; least affected were Central & South America (-two per cent) and Africa (-five per cent). A World ACD spokesperson said: “Yields held up better compared to February 2016. World wide they fell by 1.9 per cent, with Africa and Asia Pacific doing slightly better than average, although the month-over- month yield change in these two origins was negative as well. “With the effects of Chinese New Year (CNY) now fully accounted for, this is the moment to compare the year so far with the first quar- ter of 2015. Worldwide volumes dropped by 1.3 per cent, and yield in USD by 17 per cent. However, the comparison suffers a lot from the uncommon circumstances across the Pacific in Q1 of 2015. So, when excluding the flows be- tween Asia Pacific and North Ameri- ca, the world wide picture for Q1 is quite different: World wide volumes increased by 1.4 per cent YoY, whilst the yield drop was limited to 13.6 per cent. Just looking at outbound flows from Asia Pacific, volumes were down by 3.9 per cent with yield in USD decreasing by 23.8 per cent. Taking out the flow to North America, however, these figures change considerably, to a volume increase of 1.5 per cent and a yield drop of 16.6 per cent. “Despite the much-reported slump in business from China, the country once again confirmed its status as air cargo’s main growth engine,” said World ACD. YoY vol- umeinQ1wasupbysixpercent in total, and by 18 per cent in the markets from China to Western eu- rope. However, this growth came at the price of a heavy drop in yields: Q1 revenues (in USD) between China and Western europe dropped by 12 per cent YoY, due to a yield decrease of over 25 per cent. The Chinese origin markets growing most were Shenzhen, guangzhou, Zhengzhou and Chengdu. The two product categories that were strongest were perishables and pharmaceuticals. Perishable volumes increased by more than six per cent and pharma- ceuticals by just under 10 per cent. given the fact that the latter has a yield more than 60 per cent over the general cargo yield, coupled with a much smaller yield decline YoY, it is understandable that carriers want to grab a part of this market. The highest yielding cargo category, live animals, which covers less than one per cent of total car- go volumes, saw a decline of five per cent in volumes coupled with a yield increase of two per cent.