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%.
Demand patterns to the US were "less clear",
The recovery follows a 19% decline in volumes from Hong Kong the previous week due to flight cancellations caused by the typhoon. China to Europe volumes were up 6% week on week after declines of 2% and 3% in the preceding weeks.
Author's summary: Cargo demand recovers after typhoon.
- Hong Kong-Europe volumes increased by 29% week-on-week
- China-Europe flows gained 6% week-on-week