The International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that global demand, measured in cargo tonne-kilometres (CTKs), was up 9.1 percent compared to September 2019 (9.4 percent for international operations) while capacity remained constrained at 8.9 percent below pre-Covid levels (September 2019) (-12 percent for international operations).
Supply chain disruptions and the resulting delivery delays have led to long supplier delivery times. This typically means manufacturers use air transport, which is quicker, to recover time lost during the production process. The September global Supplier Delivery Time Purchasing Managers Index (PMI) was at 36, values below 50 are favourable for air cargo.
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