All Data Articles – Page 44
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NewsAsia Cargo Monthly: Slow start to the year for Asian carriers
It was a slow start to the year on the cargo front for airlines based in the Asia region, with only China Airlines and Eva Air recording significant improvements in demand.While only two of the region’s airlines managed to continue to grow at the levels recorded towards the end of ...
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Asia Pacific airlines off to a good start
Figures from the Association of Asia Pacific Airlines (AAPA) show that Asia Pacific-based airlines made a good start to the year, with continued growth in air cargo demand.International air cargo demand during the month measured in freight tonne kilometres (FTK) grew by 4.7%.Offered freight capacity expanded by 3.8%, resulting in ...
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NewsIAG Cargo hails resilient results in tough conditions
IAG Cargo saw revenues and cargo tonnages decline in last year in what the carrier described as “challenging market conditions”.The cargo division representing British Airways, Aer Lingus and Iberia saw full-year revenues decline by 6.6% year on year in 2016 to €1bn, while tonnes of cargo carried were down 2.9% ...
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Drewry price index in lowest monthly margin decline since 2012
Drewry’s East West Airfreight Price Index fell by the lowest monthly margin in January since it started in 2012, suggesting greater stability in the market, said the analyst’s Sea & Air Shipper Insight.While Drewry expects to see a decline between December and January, the reduction was less than in previous ...
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December airfreight prices remain ahead of 2015 levels
Airfreight prices continued to track ahead of the year-ago level in December, despite a seasonal drop-off in prices.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average buy rate across 21 major east-west routes reached $3.14 per kg in December.December was only the second ...
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NewsAir cargo "outperformed forecasts" in 2016
Air cargo traffic growth “outperformed forecasts” in 2016 after ending the year with a demand surge.The latest figures from IATA show that air cargo traffic measured in freight tonne km (FTK) terms increased by 3.8% year on year in 2016.IATA said this was more than double the average growth rate ...
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Air cargo has best quarterly performance since 2010
WorldACD has hailed the final three months of 2016 as the best quarter for air cargo since 2010.The analyst said that demand during the final quarter of last year in weight terms increased by 7.5% year on year, helped by a 9.4% improvement in December.“Contrary to previous years, the origins ...
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NewsEuropean Cargo Monthly: Mixed bag for European airlines in January
January was a mixed month for Europe’s combination carriers on the cargo front, with Lufthansa and IAG reporting increases in traffic while demand was down at Air France KLM and Finnair.Lufthansa, the largest of the four carriers in cargo terms, saw January cargo traffic increase by 4.9% year on year ...
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Air France KLM's cargo business records 2016 operating loss
The Air France KLM Group saw its cargo division record another operating loss last year, although there was a slight improvement as headcount was reduced and freighters were taken out of action.The Franco-Dutch airline recorded a full-year operating loss of €244m, compared with a €245m loss in 2015.Cargo revenues for ...
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NewsAmerican Cargo Monthly: Strong start to 2017 for United and American
US airlines American and United have got off to a flying start on the cargo front in 2017 with double-digit increases in demand, while Delta continues to see its performance diverge from its two main rivals.The largest of the airlines in cargo terms, United, recorded a 16.1% year-on-year traffic increase ...
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NewsJanuary sees airfreight rates continue ahead of 2016 levels
Airfreight rates on key trade lanes continued to track ahead of last year's levels in January, but prices did decline compared with the levels registered in December.The latest figures from TAC Index show that airfreight rates on transpacific services from Hong Kong to the US declined in January to $3.24 ...
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NewsAsia Cargo Monthly: Asian airlines edge up on 2015 after late surge
A late surge in cargo demand helped Asian airlines record an improvement in traffic during 2016.Of the seven Asian airlines monitored by Air Cargo News, five managed to record an improvement in demand on 2015 levels.This follows on from improvements for the year being registered for both European and US ...
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Late 2016 surge sees improvement in Asian airline cargo demand
An end of year surge in demand saw air cargo demand at Asian carriers for 2016 edge ahead of the previous year’s level.The end-of-year figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo demand measured in freight tonne kms (FTKs) ended last year 1.8% up on ...
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Airports see volumes surge in November thanks to demand for electronics
Airports had another bumper month in November with demand for electronic consumer products driving an 8.1% improvement in cargo volumes.The latest Airports Council International figures show that both domestic and international traffic improved during the month, increasing 5.6% and 9.2%, respectively.Over the first 11 months of the year fright volumes ...
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NewsEuropean cargo monthly: Air cargo demand on the up in 2016
European airlines ended 2016 on a high with annual cargo demand up at Lufthansa, IAG and Finnair.The latest monthly airline statistics show that European carriers enjoyed their best year in terms of demand growth since 2013.The Lufthansa group of airlines saw revenue cargo tonne kms (RCTK) increase by 1.4% during ...
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Frankfurt records cargo demand improvement in 2016
Europe’s busiest cargo airport, Frankfurt, saw airfreight demand increase by 1.8% in 2016 despite the effect of strikes and weather conditions.Airport operator Fraport said demand during the year reached 2.15m metric tons despite the number of aircraft movements decreasing by 1.1% to 462,885 takeoffs and landings during the year as ...
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NewsAmerican Cargo Monthly: The full-year demand results are in
The leading US airlines ended 2016 with cargo demand performance continuing to diverge, as United and American posted improvements on 2015 and Delta saw demand decrease.The latest monthly statistics from the airline groups show that North America’s largest cargo airline, United, recorded the biggest increase in demand for the year.Click ...
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NewsCargo revenues and demand down at Delta
Delta Air Lines ended 2016 with declines in both cargo revenues and demand once again.The US airline saw cargo revenues decline by 17.8% year on year during 2016 to $668m, with declines being particularly strong in the first half of the year. Delta also reported revenue declines in 2015 and ...
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NewsAir cargo demand improvements set to continue in 2017
The recent recovery in air cargo demand could last into the first half of this year after another month of growth in November.The latest statistics from IATA show that air cargo demand in freight tonne km terms increased by 6.8% year on year in November, with Europe and Asia Pacific ...
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Airfreight spot market price enquiries improve compared with ocean
Interest in using airfreight instead of ocean freight improved as last year progressed, according to price enquiry data from booking portal Freightos.The online booking portal said that it saw a spike in price enquiries for using airfreight services in September last year, with airfreight’s percentage of overall spot quotes requested ...