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Full focus in challenging times

Full focus in challenging times

Until Covid-19, air transport statistics were only going one way. Airlines transported over 52 million metric tons of goods per year, representing more than 35% of global trade by value, and accounting for $6.8 trillion worth of goods annually. (IATA.org) The COVID-19 pandemic has massively affected the global air transport industry in pretty much every area possible.

Today, the number of flights on a worldwide level are approximately 80% lower than they were at the beginning of the year. Passenger flights are undoubtably the hardest hit, with estimates currently suggesting that 2020 global air passenger volumes (RPKs) will be around half their 2019 level. Cargo volumes (CTKs) will be down around 15-20% and industry revenues will be reduced by more than $300 billion in total. (IATA.org)

Although global travel is still largely restricted, we are beginning to see some countries opening up. How much and how quickly, only time will tell. However, air cargo has played a vital role, throughout the COVID-19 crisis, in delivering much-needed medicines and medical equipment (including spare parts/repair components) where it is most needed. It has also helped to keep global supply chains functioning for the most time-sensitive materials, through dedicated cargo freighter operations, utilization of cargo capacity in passenger aircraft, and relief flights to affected areas. 

But there is no doubt on anyone’s mind that Covid-19 will have a long-term effect on the air transport industry. And as the global air traffic market opens up, we will see new aircraft solutions emerging, such as hybrid aircraft with passengers and freight sharing the same cabin, as recently suggested by Flightglobal.com. As these new solutions develop, they will also trigger the need for new ULD solutions.

At Nordisk, we have managed to keep our business running smoothly throughout the Covid-19 crisis and, apart from a short lock-down period in China, have remained fully open and operational. We were quick to introduce hygiene routines and social distancing and we ensure reliable operations by splitting production across two locations. Our robust supply-chain also helps us provide reliable support to all our customers across the globe, as we have done for over 50 years. We hope that our long experience, in-depth market knowledge and continued focus on innovation positions us well to help our customers tackle new market challenges. Please do not hesitate to contact us if we can be of service.

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