Freighter capacity access drives divergent air cargo results as rates rise
IAG Cargo lost traffic after cancelled services while asset-heavy DHL reported double-digit volume growth; according to Xeneta, demand rose 6% year on year in October with capacity flat, and rising rates do not necessarily signal a late peak-season surge.
Access to freighter capacity is shaping outcomes in air cargo. IAG Cargo, which shed freighter operations more than a decade ago, lost traffic after cancelled services, while asset-heavy DHL reported double-digit volume growth.
According to Xeneta, global demand rose 6% year on year in October while capacity remained flat. Rates are climbing.
However, Xeneta's analysis says rising rates do not necessarily signal a late peak-season surge.
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