Asia-Pacific air capacity down 2%; dynamic load factor hits 61%

Summary

Asia-Pacific air cargo capacity contracted 2% in week 33 after a 1% drop in week 32, while global August demand rose 6% YoY, lifting the dynamic load factor to 61%-three points above last year. Typhoon Dolphin caused 1,000+ flight cancellations and an 8% weekly drop in Shanghai chargeable weight, pushing more shippers toward expensive air from ocean.