Middle East and South Asia air cargo tonnages partially rebound

AIR cargo tonnages from Middle East and South Asia origins have partially rebounded in the third week of June after falling sharply in the previous two weeks due to the effects of Eid Al Adha holidays and the conflict between Israel and Iran, according to the WorldACD Market Data.

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As per its latest weekly figures, tonnages flown from the region bounced back with a +10% week-on-week (w-o-w) increase in the 16 to 22 June period, after falling by around 15% in the first two weeks of the month.

Declines in the week (4 to 10 June), especially intra-regional traffic (-26%) and to Africa flows (-16%), had continued the following week (10 to 16 June) with Levant countries (down 17%) and South Asia (down 12%) impacted particularly strongly — including w-o-w declines in traffic from Bangladesh (-48%) and Pakistan (-30%).

Those declines were partially reversed this week with, respectively, a +14% rebound from the Levant, +32% from Pakistan origins and a +18% WoW increase in flown chargeable weight from Bangladesh, stated the report.