Air Cargo Volumes Recover from Typhoon Ragasa Disruptions
Air cargo volumes from China and Hong Kong to Europe have recovered rapidly after Super Typhoon Ragasa disruptions.
According to the latest WorldACD figures, Hong Kong-Europe volumes surged 29% week-on-week in early October, while China-Europe flows gained 6%.
The recovery follows a 19% decline in volumes from Hong Kong the previous week due to flight cancellations caused by the typhoon, and declines of 2% and 3% in the preceding weeks from China.
...demand patterns to the US were “less clear”
The data suggests a rapid rebound in air cargo demand from China and Hong Kong to Europe after the typhoon-related disruptions.
Author's summary: Cargo demand recovers after typhoon.
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