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Biomonthly Market Outlook - 15th March 22


  • The Russia-Ukraine conflict has sent ripples through financial markets world over, but the impact on container shipping stocks thus far has been negligible. On the other hand the escalation of the conflict has had significant implications on the aviation industry.

  • As of the 15th of March 2022, 92 776 commercial flights were flown per day in the last seven days, compared to 73 161 and 99 517 in 2021 and 2020, respectively.

  • Global international air cargo capacity decreased by 2% (vs 2019) between February the 21st and March the 6th.

  • 63 cancelled sailings have been announced between weeks 11 and 14, out of a total of 558 scheduled sailings, representing 11% cancellation rate.

  • Schedule reliability dropped from 78.0% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, which is not only the lowest recorded FY schedule reliability but is also quite a staggering drop from the pre‑2020 levels.

  • According to the latest data on the Alphaliner Weekly Newsletter, Asia to North America average weekly capacity is up 27.6% ciompared to January 2021. The Asia – Europe offering is up 9.3%.

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