Slow recovery continues from Lunar New Year

Worldwide air cargo tonnages have continued to recover slowly from what was a shallower Lunar New Year (LNY) dip than last year, according to the latest weekly figures from WorldACD Market Data, although it’s too soon to get much sense of how ‘normal’ or healthy demand this year will be.

Following a -13% global tonnage decline during this year’s LNY period, worldwide tonnages have rebounded with two consecutive +3% week-on-week (WoW) increases. That compares with a total drop of around -20% in the weeks surrounding LNY in 2024, followed by a combined rebound of +15% across the following two weeks.

Tonnages from Asia Pacific origins this year recorded a +15% WoW rebound in week 7 (10 to 16 February), after dropping by around -35% fr…