A repetitive story of stagnant volumes and falling yields

WorldACD Market Data said August showed a year-on-year (YoY) volume increase of just 0.9 per cent, while month-on-month (MoM) US$-yields fell again, this time by 1.2 per cent.


WorldACD


• from Africa to Asia Pacific, Latin America and Europe;
• from Latin America to virtually all destination regions;
• from Europe to Africa and Latin America;
• from the Middle East & South Asia (MESA) to Asia Pacific; and
• from North America to all destinations except MESA and Africa.

“Is there any solid good news for airlines at all? There is, but for certain groups of airlines and for certain markets only. We compared the period September 2014-August 2015 (i.e. the most recent 12 months period) with the year 2012, to see the changes in the market position of airlines, grouped by where they come from.”

Of the total airlines from MESA fared best, trumping other carrier groups hands down, WorldACD said, increasing their air cargo volume by 31 per cent against a worldwide growth of 11 per cent. Airlines from Asia Pacific grew by 10 per cent, while European and North American carriers stayed behind the worldwide average, with growth of 5.0 and zero per cent respectively.

MESA airlines performed well above average in the markets to and from their region. The same could not be said for the other groups: Asia Pacific airlines as a group were on average, whilst the groups of European airlines (to some degree) and of American airlines (in particular) lagged behind in the markets to and from their own continent, WorldACD said.