WordlACD's latest views on air cargo market developments, covering each of the last 5 weeks up till Sunday 9 May.
In week 18, worldwide volume decreased by 10% compared with the previous week. Worldwide capacity decreased by 2%.
All regions experienced a decline in volumes, with the largest drop from Central & South America. Origin Africa did best with a volume decrease of 1%.
The average worldwide yield/rate in week 18 decreased and was at the same level as in week 16.
New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today it…
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