All Data Articles – Page 42
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NewsIAG Cargo traffic up on shipping disruption but revenues slide
IAG Cargo saw revenues decline in the first quarter of the year due to challenging market conditions but it registered an improvement in traffic partly driven by container shipping disruption.The cargo arm of IAG, which owns British Airways, Iberia and Aer Lingus, recorded a 2.3% year-on-year decrease in first-quarter cargo ...
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NewsApril freight growth tails off but IATA remains upbeat
Global air freight tonne kilometres (FTKs) rose 8.5% in April 2017 compared to last year, said IATA in its latest figures.While this was down from March’s 13.4% year-on-year growth, it is well above the average annual growth rate of 3.5% over the past five years.Meanwhile, growth in freight capacity, measured ...
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NewsAmerican Cargo Monthly: LATAM finally registers a demand improvement
LATAM Cargo has reported a year-on-year improvement in its monthly traffic for the first time in two-and-a-half years, while US carriers continue to see improving monthly figures.The Santiago-headquartered airline saw cargo traffic during May increase by 1.3% year on year to reach 271m revenue tonne km (FTK).Click on the chart ...
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E-AWB usage finally breaches 50% mark
Electronic Air Waybill (e-AWB) penetration finally breached the 50% mark in April as more than 730,000 of the digital documents were processed.The latest IATA figures show that April’s e-AWB penetration level on feasible trade lanes edged up by 1.3 percentage points compared with March to reach 50.7%, exceeding the 50% ...
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Rates continued to track ahead of a year ago in May
Airfreight rates on key trade lanes continued to track ahead of last year’s levels in May, according to the latest figures from TacIndex.Numbers from the data provider show that on services between Hong Kong and the US, the average airfreight rate paid to carriers increased 38% year on year to ...
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NewsAsian Cargo Monthly: Demand flies in April
Asian airlines continued their run of success on the cargo demand front in April, with the region’s major carriers all registering traffic growth on a like-for-like basis.The region’s largest cargo carrier, Cathay Pacific, saw cargo traffic increase by 6.2% in April to 907m cargo and mail tonne km. The increase ...
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NewsCost cutting continues at Asian airlines despite traffic growth
Airlines based in the Asia Pacific region enjoyed cargo traffic growth of 9% in April as export orders from the region continued to surge, but carriers continue to cut costs to meet rising costs.The latest figures from the Association of Asia Pacific Airlines (AAPA) (see table at end of article) ...
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Airfreight rates continue to rise in April
Airfreight rates improved again in April led by improvements on services from Asia to North America.The latest Sea and Air Shipper Insight report from Drewry, which uses a weighted average of buy rates across 21 trade lanes, showed that average east-west airfreight prices increased by 7.9% year on year in ...
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NewsEuropean Cargo Monthly: Another busy month for European carriers
April proved to be another good month for some of Europe’s major airlines as increases in cargo traffic were recorded at Lufthansa, Air France KLM and IAG.The latest monthly stats from Lufthansa, the largest of the three in cargo terms, show a 6% year-on-year improvement in traffic for April to ...
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NewsAmerican cargo monthly: US carriers see demand fly as rates improve
The three major US carriers continued to record rapid increases in cargo demand in April and sources have indicated that rates are also now starting to pick up.The latest figures from United, American and Delta show that all three carriers registered an improvement in demand during the month.The largest of ...
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NewsAF KLM Cargo sees decline in Q1 revenues
Air France KLM saw revenues decline in the first quarter of the year despite an improvement in traffic.The Franco-Dutch airline saw first quarter revenues decline by 4.7% year on year to €504m, despite traffic for the period increasing by 0.5% to 2bn revenue tonne km.Cargo capacity at the airline group ...
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NewsAir cargo demand growth reaches six year high
Air cargo traffic grew at its fastest rate since late 2010 in March as the industry continues to benefit from an uptick in world trade and export orders.The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, ...
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Ceva sees revenues and volumes improve in Q1
Ceva recorded a loss in the first quarter of the year despite an improvement in revenues and airfreight volumes.The freight forwarder saw first-quarter revenues increase by 1.9% year on year to $1.6n, operating income was up to $8m from $4m a year earlier but it registered a net loss of ...
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NewsAmerican sees cargo revenues and traffic improve in Q1
American Airlines saw its cargo traffic and revenues increase during the first quarter of the year, but this was not enough to stop yields declining.The US airline, which recently won the Cargo Airline of the Year award, registered a 13.8% year-on-year improvement in first-quarter traffic to 619m cargo ton miles, ...
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Air cargo growth strengthens in March
Air cargo demand growth continued to impress in March with double-digit percentage growth on the back of modal shift and consumer product launches.The latest figures from analyst WorldACD show that demand in chargeable weight terms increased by 14.6% year on year – numbers not seen since the recovery years of ...
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NewsAsian Cargo Monthly: Freight traffic continues to grow
Asian carriers continued to record cargo demand improvements in March, with airlines boosted by new product launches.The latest airline data shows that six out of seven airlines included in Air Cargo News’ monthly Asia wrap-up saw demand increase during March.The largest of the carriers, Cathay Pacific, registered a 15.4% year-on-year ...
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UPS reports revenues growth but operating profits face headwinds
UPS saw revenues increase by 6.2% during the first quarter of the year but fuel costs and currency effects put pressure on operating profits.The US express and logistics giant saw first-quarter revenues increase to $15.3bn from $14.4bn last year, while operating profits declined by 2.4% on a year earlier to ...
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NewsLufthansa's cargo segment leads the way as it gets back in the black
Lufthansa’s cargo and logistics business returned to the black at an operating profit level in the first quarter as it led the company to its best performance for the period since 2008.The airline group’s logistics division, which includes Cargo, time:matters and other cargo related shareholdings, saw revenues increase by 18.5% ...
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NewsEuropean Cargo Monthly: Demand continues to surge at European carriers
March proved to be a bumper month on the cargo front for European airlines, with Lufthansa, Air France KLM, IAG Cargo and Finnair all registering improvements in traffic.The largest of the carriers in cargo terms, Lufthansa, saw demand increase by 13.3% year on year to 980m revenue cargo tonne km.This ...
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NewsCargolux sees profits tumble despite traffic growth
Cargolux recorded improvements in cargo traffic and tonnes flown last year, but these increases failed to stop profits from declining by more than 80%.Figures released by the airline show that last year it registered a 9.2% improvement in traffic to 7.5bn tonne kms flown (FTK) compared with 2015, while total ...