Air and maritime freight: worrying summer forecasts

If air traffic was falling free a few months ago due to the pandemic (cf.Air transport: traffic is difficult to take offThe removal of travel restrictions related to the Covid-19 in Europe and the United States, as well as the strong desire to travel from consumers, have reinvigorated flight bookings. By the end of April, there were 83% flights in Europe from the same period of 2019.For this summer, we're waiting up to 95% of 2019 level. But airports seem to be unable to absorb demand, many airlines have had to cancel flights and the entire sector is suffering fromoperational difficulties. Indeed, the pandemic has led to a shortage of personnel, especially in ground services and handling in Europe, rather at the pilot and customs level in the United States. Given that the sector is struggling to recruit, newflight cancellations are expected this summerand may affect air freight rate.

On the maritime side, if the freight rates appear to be stabilized at the moment,new flight is expected in summer. In fact, confinement in China has reduced production and shipowners have eliminated one third of their rotations. Once the plants are fully restarted, port activities will increase. Thedemand is expected to be highest in June and July, period « Peak season » already traditionally well loaded.

To go further...

• Sales Administration (SDA) Subcontracting Export
• Import/export flow management (air & maritime)
• Diagnosis of international logistics flows

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