If hopes went up after the month July, in which the air cargo performance was less bad than in the months before, August brought the industry back to earth: a YoY weight loss of 7.1% worldwide was accompanied by a yield decrease (in USD) of 9.4%. The resulting worldwide revenue drop (measured in USD) of almost 16% is not exactly the performance airlines were waiting for. The various regions of the world contributed in roughly the same measure to the decline; exceptions were Africa (volume +1.6% YoY) and – at the other end of the spectrum – the Middle East and South Asia (-10.4% YoY).
Looking at the year to date, i.e. the 8 months from the January through August 2019, worldwide air cargo volumes were down by almost 5% and yields (in USD) by 7.1% for general cargo, and by 3.8% for special cargo categories (flowers were the only category with a slight yield improvement of 1%). In terms of overall revenues, the origins Europe and Asia Pacific have been hardest hit in the year so far, with decreases of 15.3% resp. 11.6% (in USD), or 9.9% resp. 6.1% (in EUR).
Announcements
Job Offers
- Bedding and Perennials Sales Manager Europe
- Horticultural Technician
- Agronomist
- Head Grower Strawberries, Norway
- Tissue Culture Laboratory Scientist
- Manager Operations & Logistics
- Vegetable Advisor (Permanent)
- Horticultural Commercial Director
- Senior Operations Manager Nursery
- EU Sales and Region manager
"Tweeting Growers"
Top 5 - yesterday
- “The product quality is maintained, ensuring a longer shelf-life”
- "Mother’s Day ‘ruined’ as flowers from M&S, Sainsbury’s, and MoonPig arrive dead and moldy"
- Increasing the oxygen levels in irrigation water for a healthier growth
- New PGR guide for annuals now available
- Cees den Boer, co-founder Svensson Netherlands, passed away
Top 5 - last week
Top 5 - last month
Slight uptick for flowers in air cargo
Publication date:
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