All Data Articles – Page 8
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NewsAir cargo volumes rise 11% in April
Air cargo demand remained robust in April to mark the fifth consecutive month of double-digit year-on-year growth, although growth slowed month-on-month.The International Air Transport Association (IATA) released data for April showing total demand, measured in cargo tonne-kilometers (CTKs), rose by 11.1% compared to April 2023 levels.The trade association said robust ...
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NewsVienna Airport reports "significant" cargo growth in Q1
Source: Flughafen Wien AGVienna Airport has reported double-digit percentage improvements in cargo volumes in the first quarter, with throughput now exceeding pre-Covid levels.The Austrian airport handled 68,058 tons of freight in the first three months of the year - a 16% year-on-year increase and 2% improvement on 2019 levels.The hub ...
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Central and South American air cargo volumes boom in April
Air cargo volumes out of Central and South America (CSA) have taken off in the last few weeks of April ahead of Mothers' Day celebrations in North America.Analysis from WorldACD shows that air cargo volumes from CSA increased by 17% week on week in week 17, following on from a ...
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NewsAir cargo demand growth slows in April while attention turns to Q4
April was the fourth month in a row that global air cargo demand increased by over 11% but the market has begun to slow down after a busy start to the year, according to analysis by Xeneta.Additional belly capacity is affecting the dynamic load factor, air cargo demand as a ...
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NewsIATA: March air cargo volumes up 10%
Positive momentum for air cargo continued in March as it became the fourth consecutive month of double-digit year-on-year growth.IATA reported that total demand, measured in cargo tonne-kilometers (CTKs), rose by 10.3% compared to March 2023 levels, following rises in February, January and December.The trade body noted that "for the first ...
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Hong Kong air cargo rates on key trades now ahead of last year
Rates on services from Hong Kong to Europe and North America are now ahead of last year's levels as demand continues to surge.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in April average all-in rates from Hong Kong to North America were up 6.5% year on ...
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ECS to utilise Rotate's capacity data
Air cargo sales agent ECS Group is adopting Rotate's live capacity tool to help inform its decision-making process.ECS will integrate Rotate's capacity data into its in-house business intelligence tool where it will be used to help determine new interline partnerships, plan customers' networks and react to market changes in terms ...
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InterviewsRotate goes 360 in the air cargo data space
Rotate is focusing on rapid product development and tackling real air cargo industry issues with practical solutions. Data, software, and consultancy service provider Rotate launched in 2022 when a team five ex-Seabury employees identified a gap in the market. Rotate head of product Fabien Balouzet tells Air Cargo News that ...
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NewsAir cargo demand rises 11% in March
Global air cargo market demand rose 11% year on year for a third consecutive month in March and it was no surprise that e-commerce and Red Sea shipping disruption helped propel volumes.Releasing its latest analysis, Xeneta said that the higher volumes seen in the first quarter of the year have ...
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NewsIATA reports an 11.9% jump in air cargo volumes for February
February was the third consecutive month of double-digit year-on-year demand growth for air cargo, according to data released by IATA.Total air cargo demand for the month rose by 11.9% compared to February 2023 levels. The rise, measured in cargo tonne-kilometers (CTKs), comes as the market stabilises amid improved economic performance ...
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Air cargo demand still growing after LNY but rate of improvement slows
There had been much speculation in air cargo about whether the strong demand growth reported over the first two months of the year would continue past the Lunar New Year holiday but it appears the buoyant market conditions are so far continuing, although at a slightly lower level.Figures released last ...
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Liege Airport cargo volumes bounce back after tough 2023
Liege Airport has seen its cargo volumes bounce back in the first two months of the year following a double-digit percentage decline in 2023.The Belgian freighter hub registered a 13% year-on-year increase in cargo volumes over the first two months to 175,593 tonnes while the number of flights improved by ...
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Technavio predicts strong air cargo growth in next few years
Industry analyst Technavio has forecast in its Air Cargo Market Analysis 2023-27 that the air cargo market will grow by 19.5m tons between 2022 and 2027.This works out at a compound annual growth rate of 5.3% during the forecast period.Key drivers of growth will include increasing e-commerce sales, growing demand ...
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NewsWorldACD: January and February figures show air cargo is in recovery mode
The strong demand growth levels recorded over the first two months of the year are evidence of an improvement in air cargo demand after a weak 2023.Data analyst WorldACD said that it is hard to gain a true understanding of demand trends by looking at January and February individually due ...
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NewsFreighter operators face margin squeeze
Operating freighter aircraft has historically been a business with tight margins, a market environment temporarily interrupted by the Covid-19 pandemic. Recent airline financial statements again show (more familiar) marginal profitability levels, despite yields that remain 35%-40% up on 2019 figures.Slim pickings: turning a profit in air cargoFor the two decades ...
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NewsAir cargo's "surprisingly" strong start to 2024 continues in February
The air cargo market reported another double-digit percentage increase in demand in February continuing a "surprisingly strong" strong start to the year as e-commerce boosted demand levels.The latest figures from data provider Xeneta show that air cargo demand increased by 11% year on year in February, while the dynamic load ...
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Airfreight rates on major trades remain down on 2023 levels in February
Air cargo rates continued to register declines on major east-west trades in February compared with last year as the timing of Lunar New Year break affected performance.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that rates from Hong Kong to North America were down 5.5% year on ...
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NewsIATA stats show 18% increase in cargo demand for January
Air cargo demand increased by a "remarkable" 18.4% year on year in January - the second month in a row of double-digit percentage increases.IATA data shows that as well cargo tonne kms (CTK) increasing in January, available capacity was up 14.6% year on year as belly space continued to be ...
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WorldACD figures show extent of sea-air growth
The latest weekly figures from data analyst WorldACD show an upswing in volumes at sea-air hubs as a result of the Red Sea shipping crisis.WorldACD figures show that over the first seven weeks of the year, Dubai, Colombo and Bangkok all saw their respective tonnages to Europe increase by more ...
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Airfreight rates slide in line with Lunar New Year holiday demand decline
Airfreight rates began their Lunar New Year holiday decline last week after rising in the first six weeks of the year.The latest figures from TAC Index show that last week overall airfreight rates slipped by 8.2% compared with the week before and are down 21.2% from a year ago."Despite ongoing ...