Looking Ahead To Summer, Airline Execs Seek An End To Masks And Tests

Air Cargo At All-Time Highs

Not to be outdone by air passenger volumes, air cargo capacity continues to trend upward. In the three months ended January 2022, industry-wide cargo ton kilometers (CTKs), a measure of cargo volume, rose 7.2% year-over-year to hit their highest levels on record, according to the International Air Transport Association (IATA). Seasonally adjusted, the value has cooled somewhat, but nevertheless this is an incredibly bullish reading for air cargo and demand in general. Looking at specific regions, Europe-North America increased 25.3% while Asia surged a remarkable 42.3%.

Of Oil And Bitcoin

Speaking of trade… I recently shared a report by Credit Suisse’s Zoltan Pozsar wherein he predicted that China could act as a stopgap for plunging Russian commodities.

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