Rising space keeps loads factors down

Freight and passenger loads fell in January compared to December, reflecting the fall in volumes and continued growth in international market capacity, said IATA in its latest Airlines Financial Monitor for January-February.
Airfreight capacity increased slightly in January, but more moderately than at the end of 2014. Most of the slowdown was due to a contraction by North American airlines.
Cargo load factors fell slightly in January with the passenger-led expansion in capacity keeping them down at just over 45 per cent.
Airline financial performance continues to improve, according to initial fourth quarter 2014 financial results, again driven by North American airlines, where consolidation and cost cutting has resulted in a significant boost to profitability.

Share this story

Related Topics

Latest africa news

Qatar Cargo undertakes roarsome flight

Qatar Airways Cargo has again teamed up with Animal Defenders International (ADI) to transport six young lions to Africa after…

Read More

Share this story

Menzies partnership secures IATA CEIV pharma status in Nairobi

The Menzies Aviation-Siginon Aviation partnership has been awarded IATA’s CEIV Pharma (Center of Excellence for Independent Validators in Pharmaceutical Logistics)…

Read More

Share this story

Air Bonanza Express offers IL-76 consolidation service

African charter service provider Air Bonanza Express has added a second leased IL-76 freighter and hopes to deploy larger aircraft…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.