(Alex Lennane – The Loadstar)
Europe has been at the centre of allegations over air cargo weakness for some time. But research out today shows that, as an export market, it hasn’t fared quite so badly after all.
“Europe is the only origin region showing a year-on-year yield improvement to all other regions,” noted September analysis from WorldACD. “It may come as a surprise that origin Europe tops the revenue growth charts, showing a very healthy 7.8% growth year-on-year.” [...]
But, in case anyone thinks Europe is on the mend, as a destination it remains bleak. The continent saw the largest revenue drop, of -13.7%, compared with three years ago, while growth this year has been below the worldwide average. Read more here.