CLIVE DATA SERVICES

Our business is data. Our industry is Air Cargo.

Through our weekly analyses of the global air cargo market we provide our clients unique and fresh performance indicators, on how the industry is trending. In a short amount of time we have become a trusted source for industry actors and financial institutions.

The way the air cargo industry has measured its performance has been grossly misleading and extremely harmful to its growth prospects, and has impacted the economics of airline performance. We found that so frustrating, we decided to fix it.

Traditionally, analyses of the global utilisation of air cargo capacity published each month considered only the weight utilisation of available capacity. But seldom the significant impact of volume utilisation. So, the numbers just didn’t add up.

To paint a more realistic and valuable picture of how efficient airlines are using their air cargo capacity, we developed an alternative yardstick. It is based upon flight and shipment data sourced directly from cargo airlines – and we call it the ‘dynamic load factor’. It is dynamic because it takes both the weight and volume utilisation of air cargo shipments into account when assessing a plane’s air cargo load factor.

On a global scale, our dynamic load factor has proven that airlines are 30-40% more efficient in utilising the cargo capacity in their planes than by just considering the weight utilisation (see chart below). This is a discrepancy which is simply too large to ignored as it causes misconceptions that are detrimental to the air cargo industry.

Global loadfactor development

(%)

Most recently, The International Air Cargo Association (TIACA) has added its voice to the call for this methodology to be accepted as the new industry standard for measuring cargo loadfactors.

Next to providing more relevant analyses, we also aim to deliver our analyses as freshly as possible. So, while several other sources of air cargo data run on a monthly release schedule, we deliver our analyses each week. In these uncertain times, these quicker insights the industry inform our clients of how the market is trending. And, as the chart below confirms, our swift analyses - based on data shared with us by a representative group of airlines operating to all corners of the globe–remain consistent with two of the other main sources of air cargo data.

Global market growth

(year-over-year growth of market volumes in %)

Today, we are proud to say, CLIVE Data Services’ first-to-market analysis is increasingly being recognised as the reliable barometer of market performance.