All Data Articles – Page 48
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NewsIATA confirms slowdown in air cargo demand growth in May
Airfreight demand growth slowed in May after showing signs of improvement in April.The latest IATA figures show a 0.9% year on year increase in freight tonne km demand in May. This follows a 3.2% improvement in April.However, at the time the April figures were announced, IATA warned prospects looked bleak, ...
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NewsTop 25 air forwarders 2015: DHL leads the way but rivals close the gap
DHL maintained its position as the world’s leading airfreight forwarder in 2015 despite rivals closing the gap, while the top 25 forwarders saw air volumes climb by 2.2% on 2014 levels.The latest top 25 Global Freight Forwarders List from consultant Armstrong & Associates showed that European forwarders once again took ...
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NewsAsian cargo monthly: Airfreight demand weakens in May
May turned out to be a difficult month for Asian airlines that, like their European and North American counterparts, saw demand weaken after improvements in April.The largest Asian cargo airline group, Cathay Pacific, air saw cargo demand decline by 4.6% year on year in May to 833m cargo and mail ...
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Airfreight prices slide after two months of gains
Airfreight prices dipped again in May, wiping out the gains made over the previous two months.Consultant Drewry’s East-West Airfreight Price Index for May shows that airfreight prices declined to $2.57 per kg compared with $2.61 per kg in April.The decline sees prices return to the lowest level since the consultant ...
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ACI Asia Pacific reports mixed fortunes for freight in April
Airports Council International Asia Pacific has reported that airfreight traffic through its gateways in the Asia-Pacific region was “largely stagnant in April”.There was a marginal increase of just 1.3% year on year in the Asia-Pacific region, although cargo growth through the trade body’s Middle Eastern gateways rose by 4.9% over ...
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NewsEuropean cargo monthly: Airlines brought back to earth as freight demand weakens
European airlines were brought back down to earth in May with cargo demand decreases registered at both Lufthansa and Air France KLM.The decreases registered at Air France KLM and Lufthansa in May come after all four airlines in the Air Cargo News monthly review, the others being the IAG Group ...
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NewsAmericas cargo monthly: Mixed May for US carriers
The big three US carriers’ cargo performance continued to diverge in May, with United and American recording demand increases while Delta saw demand slide.In its monthly operational update, the largest of the three carriers, United, registered a demand increase of 7.9% year on year to 228m cargo ton miles (CTM).It ...
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European airports see monthly cargo growth reach two year high
European airports saw monthly freight traffic increase by a two-year high in April, outstripping even passenger demand growth.The latest figures from Airports Council International (ACI) show that European airports saw freight traffic increase by 5.5% year on year in April while passenger traffic growth slowed to 3.7%.ACI said the lower ...
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NewsAsian carriers monthly: demand grows in April but yields under pressure
Asian air cargo carriers benefitted from better than expected demand in April but yields remained under pressure.The latest figures from Asian air cargo carriers show that the majority monitored in Air Cargo News’ monthly summary recorded an improvement compared with the rest of the year.This is partly down to the ...
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Air cargo demand pick up down to extra weekend and Easter changes
The improvement in air cargo demand experienced in April was down to an extra weekend falling in the month and an earlier Easter holiday.Analyst WorldACD said that the 2.5% year on year improvement in air cargo demand in demand in April appeared to give cause for a little optimism.However, it ...
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NewsAirfreight demand picks up but prospects look bleak
Air cargo demand picked up in April but IATA is downbeat in its expectations for the months ahead.The latest figures from the airline organisation show a 3.2% year-on-year improvement in air cargo demand in April led by growth in the Middle East and Latin America, with increases of 7.7% and ...
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Analyst sees ray of hope in air cargo gloom
Analyst World ACD sees glimmers of hope in world air cargo figures for March 2016.Although year-on-year volumes overall dropped by 0.9% worldwide, flows from Asia Pacific to Europe and the Middle East & South Asia (MESA) showed growth of 19% and 12% respectively, holding out some hope of a change ...
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NewsAmerican cargo carriers monthly: Air cargo declines across the board in March
March was another tough month for the leading America-based combination carriers as all three recorded declines in air cargo demand, while the Latam Group continued to suffer from the weak economic performance of major South American countries.The largest decline registered amongst the three US airlines came from Delta Air Lines, ...
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NewsWeak April for air cargo in Asia Pacific
Asia Pacific air cargo markets remained weak in April, failing to keep pace with rising passenger demand, according to the latest monthly statistics from the Association of Asia Pacific Airlines (AAPA).April saw the region's airlines carry 24.2m international passengers, a 4.8% increase compared to the same month last year, on ...
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Shippers can track key airfreight rates with new index
A new air cargo freight rate index is set to provide transparency on general cargo pricing on key city pairs.Aimed at shippers, freight forwarders and financial analysts, the TAC Index is a weekly snapshot compiled on actual physical transactions for selected air cargo routes."Air Cargo is taking a step closer ...
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NewsAmerican cargo carriers monthly: Demand improvements for American and United
US air cargo carriers recorded signs of improvement in April as American Airlines and United Airlines both saw cargo volumes return to growth.The increase registered by American and United is the first time since September last year that two of the three big American cargo carriers have registered a year-on-year ...
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NewsEuropean monthly: A new hope as European airlines return to growth
Europe’s major cargo carriers have seen cargo volumes return to growth in April after a difficult start to the year.All four major European airlines monitored in the Air Cargo News monthly spotlight recorded a year on year increase in demand in April for the first time since March 2014.It follows ...
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DSV's UTi acquisition sees airfreight soar but profits take a hit
DSV Air & Sea has recorded drastically improved airfreight volumes as its latest acquisition, UTi, is included in its opening quarter results for the first time.During the first quarter of the year, DSV, which recently won the Air Cargo News forwarder of the year award, saw airfreight volumes increase by ...
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NewsIATA: 2016 shaping up to be a tough year for air cargo
IATA has warned 2016 is shaping up to be another tough year for air cargo as airfreight volumes fell in March.The latest statistics from the industry organisation show that cargo volumes decline by 2% year on year in March in freight tonne km (FTK) terms.Freight capacity (AFTK) during the month ...
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NewsSlow start to the year for production freighter orders
Orders of production freighter aircraft slowed in the first quarter of this year, but Boeing’s 747-8 programme did receive a boost through an order for four of the aircraft.The latest updates from Boeing and Airbus show that during the first quarter of the year four orders were placed for B747-8 ...