Business

IATA predicts 4% drop in air cargo volumes next year

By Damian Brett

Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected…

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IATA: Airlines to return to profit next year but cargo under pressure

By Damian Brett

Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the…

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Air cargo suffers largest demand drop of 2022 in October

By Damian Brett

Air cargo demand suffered the largest percentage decline of the year so far in October but there is the hope…

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Air cargo to join box shipping in ‘overcapacity corner’

By Damian Brett

Air cargo faces a stint in ‘overcapacity corner’ next year alongside the ocean shipping sector, according to data analyst Xeneta….

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Seabury highlights a mixed picture for air cargo

By Damian Brett

While the air cargo industry faces dark clouds there are reasons to stay positive, according to Accenture’s Seabury Cargo. Speaking…

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Airfreight peak season looking unlikely as demand falls again

By Rebecca Jeffrey

Air cargo volumes declined 8% year on year in October – the eighth consecutive month of decline – and the…

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China’s freighter fleet to quadruple

By Mike Bryant

China’s freighter fleet is expected to quadruple in size to more than 800 aircraft in the period up to 2041,…

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Airfreight rates to stay above pre-Covid despite muted peak

By Damian Brett

Airfreight rates are expected to stay above pre-Covid levels for some time despite a muted peak season. Over the last…

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IATA: Air cargo market stable despite latest decline

By Damian Brett

IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August….

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Air cargo rates continue to soften

By Rebecca Jeffrey

Global air cargo rates have continued to soften in September, according to the latest figures from WorldACD Market Data. WorldACD…

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