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Load factors in air cargo still flying, but a 'slight softening' may be in sight

Global airlines have continued to report high load factors, with the last two weeks of January showing a new “peak”.

However, the market is now reporting, anecdotally, a slight softening.

While load factors last month were up 9 percentage points, year on year, for the past fortnight they were up 10-15 percentage points year on year, according to Clive Data Services.

However, a lack of retail logistics in Europe, where many shops are closed, is impacting the market, according to one forwarder, who said the air freight market now “really isn’t that busy for the time of year”.

“The lack of retail air freight, especially garments, is really impacting the market.”

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