All IATA Articles – Page 10
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News
Air Cargo News' most read in 2022
Last year was another turbulent year for the air cargo industry as the rapid growth experienced in 2021 turned to decline and capacity began to open up as passenger networks re-opened.Despite the demand declines, volumes stayed ahead of pre-Covid levels and rates remained far above the levels achieved in 2019 ...
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NewsIATA predicts 4% drop in air cargo volumes next year
Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected to weaken compared with this year's levels.Speaking at the IATA Global Media Day, the airline association's head of policy analysis Andrew Matters revealed its predictions for next year.He said that ...
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NewsDHL Global Forwarding first to achieve IATA CEIV Lithium Batteries in the UK
Image source: DHLDHL Global Forwarding is the first organization in the UK to be certified as an IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt).The certification covers six sites - Birmingham, Glasgow, London, Luton, Manchester and Purfleet - and follows a rigorous certification process across these locations ...
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NewsIATA: Airlines to return to profit next year but cargo under pressure
Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the outbreak of Covid but cargo volumes, yields and profits are set to decline.IATA said that in 2023 it expects airlines to post a "small" net profit of $4.7bn, which equates ...
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News
Air cargo rates continue to decline in November
Air cargo pricing on some of the world's major trade lanes continued to decline in November, bucking usual seasonal trends.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that spot and contract rates paid by forwarders on services from Hong Kong to North America slipped to an average ...
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News
Air cargo suffers largest demand drop of 2022 in October
Air cargo demand suffered the largest percentage decline of the year so far in October but there is the hope of some peak season pick-up.The latest statistics from IATA show that air cargo tonne km declined by 13.6% year on year in October while capacity was down 0.6% and load ...
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NewsEtihad Cargo achieves IATA CEIV pharma recertification
Photo: Etihad CargoEtihad Cargo has been recertified as meeting IATA's CEIV Pharma standards.The cargo division of Etihad Aviation Group achieved IATA CEIV Pharma recertification following an audit by independent validators that assessed the carrier's capacity to control and enhance its processes through a checklist that focused on Etihad Cargo’s Quality ...
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NewsAir Cargo demand softens in September
Source: IATAAir cargo demand softened in September, as cargo tonne-km (CTKs) fell 10.6% compared to the same month in 2021, according to the latest IATA airfreight data.International operations also fell by 10.6% but continued to track at near pre-pandemic levels (-3.6%).Capacity was 2.4% above September 2021 (+5.0% for international operations) ...
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NewsVIDEO: The best of the IATA World Cargo Symposium
Join Air Cargo News as we look back at some of the key moments of the IATA World Cargo Symposium (WCS) 2022.
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NewsVIDEO: Vienna Airport's Michal Zach on current air cargo challenges
The Air Cargo News video team spoke with Michal Zach, VP sales & finance, ground handling & cargo, Vienna Airport about current air cargo challenges.
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NewsHong Kong Air Cargo Terminals gains IATA’s CEIV Lithium Batteries accreditation
Hactl executive director and chief financial officer Amy Lam (right) receives the IATA CEIV Lithium Batteries certificate from Yvonne Ho, IATA general manager, Hong Kong and Macau. Photo: HactlHandler Hong Kong Air Cargo Terminals Limited (Hactl) has successfully obtained accreditation under IATA’s CEIV Lithium Batteries (Li-batt) standard.Hactl now holds all ...
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News
IATA and CNS roll out updated CASSLink system in the US
IATA and its subsidiary Cargo Network Services (CNS) have deployed the latest version of its CASSLink invoicing and payment system in the US.IATA said the upgraded version features a new user interface; self-service functions to configure data processing, reports and user management; real-time reporting and online dispute resolution; accommodation of ...
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News
IATA: Air cargo market stable despite latest decline
IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August.The airline association's latest data shows that demand in cargo tonne km terms in August fell by 8.3%, which was a slight improvement on the 9.7% fall registered in July.Capacity increased ...
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NewsVIDEO: IATA's Henk Mulder on digitalisation in air cargo
The Air Cargo News video team spoke with IATA head of digital cargo, Henk Mulder, about the industry’s ongoing digital drive.
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News
VIDEO: dnata's Angus outlines air cargo's positive outlook
The Air Cargo News video team caught up with Stewart Angus of dnata at the recent IATA World Cargo Symposium (WCS) to find out his thoughts on current market conditions.
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NewsMore to come from air cargo booking portals
Online booking portals still have many “exciting years of growth” ahead of them despite their rapid emergence over the last couple of years.On an IATA World Cargo Symposium (WCS) digitalisation panel chaired by Christopher Shawdon, head of business development, CHAMP Cargosystems, speakers agreed that booking portals had experienced rapid growth ...
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NewsVIDEO: Schiphol's van Hemert on challenging market conditions
The Air Cargo News video team caught up with Anne Marie van Hemert, head of aviation business development, Schiphol Airport, as she highlighted the challenging market conditions faced by the airfreight industry in the first part of this year.
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News
SATS first ground handler to achieve IATA lithium battery certification
Singapore-based SATS has become the first cargo ground handler to gain IATA’s Centre of Excellence for Independent Validators Lithium Batteries’ (CEIV Li-batt) certification.SATS achieved CEIV Li-batt certification together with its Hong Kong subsidiary Asia Airfreight Terminal (AAT) and Indonesian joint venture PT Jasa Angkasa Semesta (PT JAS) in promoting the ...
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NewsIATA and ITC join forces for cross-border trade
Source: IATAIATA and the International Trade Centre (ITC) have joined forces to improve access to global trade and air cargo supply chain information for businesses and air cargo professionals.ITC is the joint agency of the World Trade Organization and the United Nations.Through this agreement, ITC and IATA will cross-link their ...
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NewsSaudia Cargo to work with IATA on CEIV-Pharma Certification
Source: Saudi Cargo - L to R: Saudia Cargo CEO Teddy Zebitz and Frederic Leger, IATA Senior Vice President Commercial Products and ServicesSaudia Cargo is to work with IATA on gaining its Center of Excellence for Independent Validators for Pharmaceutical Logistics (CEIV Pharma) Certification for safe and secure air transport ...