Impact of COVID-19 on Global Air Cargo

The airline industry has taken one of the biggest hits because of the COVID-19 pandemic. With passenger and cargo capacity on the decline, cargo carriers have been trying to be on top of the situation by deploying various strategies like aircraft conversions, and more chartered flights.

It is imperative for industry stakeholders to take a look at how the industry has performed during the tough period across different geographies, understand how some carriers were able to turn the tide in their favor and identify measures to help them overcome this crisis with a focus on long term growth.

At IBS Software, we turned to raw operational industry data for airline cargo to give us insights. This white paper discusses what the data tells us and our view of the different possibilities for the global air cargo industry in a world under the current pandemic.

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