The Air Current

Sign up to receive updates on our latest scoops, insight and analysis on the business of flying.

Purchase a PDF copy of this analysis

The business of aviation exists primarily to connect people across long distances. It is no wonder, then, that the arrival of an affliction made worse by moving people long distances in confined spaces had a material impact on air travel.

At a time when people could no longer travel due to the spread of infection, the silver lining came from the business of moving non-infectious payloads. Since the pandemic’s start, air cargo has been a bright spot for the industry, producing strong yields and higher demand as the world’s attention — and spending — switched dramatically from services to goods.

Related: Amazon is building an empire in the sky, but it’s no FedEx or UPS

Yet, despite the continuing air cargo boom, signs of a slowing freight market are emerging. From normalizing U.S. GDP trends, to resurgent passenger belly capacity on twin-aisle aircraft, to rolling deepwater port gridlock, the air freight industry continues in a pandemic-driven market – the ripples of which are still being felt.

In this TAC Analysis, we dive into the underlying trends driving air cargo demand and how they have continued to change since the onset of COVID-19. As passenger demand continues its slow return to normal, so does demand for air cargo, representing a significant cooling back to the long-term trend.

Subscribe to continue reading...

Log-in here if you’re already a subscriber

Courtney Miller is Managing Director of Analysis for The Air Current. Miller most recently spent 10-years with Bombardier Aerospace, serving as director, North America sales for the company’s commercial aircraft line and led airline marketing and analysis for the western hemisphere for airlines in North and South America and the community of global aircraft lessors. Miller is also founder of visualapproach.io, where he merged industry history and analysis with insightful and beautiful data visualization to illustrate contemporary trends. Miller is a 3,000-hour U.S. airline pilot and began his career flying for U.S. regional airline Comair. He holds a Masters of Aeronautical Science from Embry-Riddle University and a Bachelors of Science in Aviation Technology from Purdue University. He is based in the Dallas, Texas Metroplex.

Next Post
error: Content is protected !!