All IATA Articles – Page 19
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News
IATA responds to Dutch plans for green tax on air cargo and passengers
IATA has published research claiming that people would rather see investment in green aviation technology than "environmental taxes" following the Dutch government announcing plans for a new tax on air cargo and air travel.The Dutch government has submitted proposals to introduce a charge of €3.85 per tonne of cargo for ...
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NewsHourcade leaves IATA after 13 years
Céline HourcadeIATA's head of cargo innovation Celine Hourcade has announced she is leaving the organisation after more than 13 years.Hourcade revealed the news in a LinkedIn post, saying she planned to take a long summer break before starting on a new adventure."This is with both sadness and excitement that I ...
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NewsProgress made on slot allocation governance structure
Alexandre de JuniacIATA, Airports Council International (ACI) World and the Worldwide Airport Coordinators Group (WWACG) have announced the agreement of a new governance structure for the Worldwide Slot Guidelines (WSG) that are published by IATA.A statement said that “Airport operators, airlines, and slot coordinators will now play an equal role ...
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NewsFiumicino gains CEIV Pharma accreditation
Rome’s Fiumicino (otherwise known as Leonardo da Vinci) airport has become the first air gateway in Italy to gain CEIV Pharma certification.IATA’s CEIV – Center of Excellence for Independent Validators – Pharma is awarded to those businesses that can demonstrate excellence in the handling and transport of pharmaceuticals.Particularly important in ...
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NewsIATA lowers air cargo growth forecast again
IATA has lowered its forecast for air cargo for the second time this year, with the association now expecting demand to be flat this year.At its AGM, the airline association said that after an exceptional performance in 2017, featuring 9.7% growth in demand for freight capacity, cargo demand growth slowed ...
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NewsDemand falls but capacity continues to rise in global air freight market, IATA stats reveal
5G buffer zones will be implemented at 50 US airports. Photo: ShutterstockGlobal air freight capacity growth has now outpaced demand for the last 12 months, resulting in a freight load factor that is currently 3.5 percentage points lower than a year ago.The International Air Transport Association (IATA) April statistics show ...
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News
IATA: airline profits fall further
The March/April Airlines Financial Monitor from IATA notes “a further fall in aggregate profits for the airline industry” for the first quarter of 2019, in comparison with the same three months of last year.Overall, IATA said the EBIT margin in its sample of 20 airlines had fallen to 3.6% from ...
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NewsAir cargo returns to growth but continues to face headwinds
Airfreight returned to growth in March after three months of year-on-year declines.IATA statistics show that air cargo demand in freight tonne km terms increased by 0.1% in March.While this is an improvement on February’s 4.9% contraction, demand for the first quarter is 2% down on a year ago.Meanwhile, freight capacity ...
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NewsAmazon, e-commerce opportunity, not a threat
L-R: Roger Hailey (editor Air Cargo News), Brendan Sullivan, Ross Marino, Fatih CigalAmazon’s move into logistics should be seen as an opportunity not a threat, according to panellists at the Air Cargo News Conference 2019.“Some air cargo players are already benefiting from working with Amazon and others are looking at ...
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NewsIATA reports another decline for air cargo in February
Air cargo traffic declined again in February as the industry had its weakest month in terms of growth in the last three years and load factors tumbled again.Data from IATA shows that freight tonne kms declined by 4.7% year on year in February, while freight capacity was up by 2.7%. ...
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NewsShippers rally to protect freighter slots
The Global Shippers’ Alliance (GSA) will put pressure on IATA to end its “detrimental to freighters” airport slots policy, one of a series of initiatives to speed up the airfreight supply chain, address growing e-commerce volumes and promote a “positive image” for air cargo.The GSA wants to “further strengthen” global ...
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NewsAsian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...
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NewsE-commerce: A gift from heaven for air cargo but challenges ahead
E-commerce session at WCS 2019E-commerce is a "gift from heaven" for the air cargo sector but it faces several challenges if the industry is to capitalise on the opportunity it presents, according to speakers at the World Cargo Symposium.Ludwig Hausmann, partner at McKinsey & Company, said that e-commerce had grown ...
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NewsAir France KLM Cargo signs up for IATA’s new DG AutoCheck
Marcel de Nooijer, executive vice president, Air France KLM Cargo (left) and Alexandre de Juniac, IATA director general and CEOAir France KLM Cargo (AFKL Cargo) has become the first airline group to adopt IATA’s Dangerous Goods AutoCheck (DG AutoCheck) for the acceptance of dangerous goods shipments.“DG AutoCheck provides a digital ...
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NewsIATA hopes to make paying for cargo easier
Eduardo Del Riego, CEO of PayCargo LLC and Aleks Popovich, IATA’s Senior Vice President, Financial and Distribution Services.PayCargo and IATA have established the IATA-PayCargo System to offer the air cargo industry “an advanced and efficient payment and settlement system.”The partnership marks the global expansion of an agreement that began in ...
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NewsFirst companies awarded IATA Fresh certification
IATA and the Hong Kong cargo community celebrate the first CEIV Fresh certificationThe first companies have passed IATA's CEIV Fresh certification programme for the handling of perishable cargo.At the IATA World Cargo Symposium, IATA revealed that Cathay Pacific Services Limited (CPSL) and Hong Kong Air Cargo Terminals Limited (HACTL) are ...
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News
IATA downgrades air cargo growth forecast to 2%
IATA has slashed its outlook for cargo growth over the coming 12 months as the US-China tariff dispute took more of a toll on performance than expected.Speaking at the IATA World Cargo Symposium in Singapore, the organisation’s chief economist Brian Pearce lowered its growth projection for freight tonne kms (FTK) ...
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News
Only connect: Supply chain collaboration call at WCS
Greater digital collaboration across air cargo’s supply chain and a need to speed up the digitisation process were two key themes raised in the opening session of IATA’s World Cargo Symposium in Singapore.Singapore Airlines’ chief executive Goh Choon Phong called for “pushing the pace” of digitisation in air cargo and ...
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News
Airfreight rate growth plateaus in February
Airfreight rate growth on major east-west lanes appears to have plateaued in February as the cargo market has had a weak start to the year.Figures from data provider Tac Index show that rates on the transpacific and the transatlantic both declined on year ago in February, while on Asia-Europe there ...
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News
Air cargo demand at three year low in January
Air cargo suffered its worst January in three years as the industry continues to face “significant headwinds”.Figures from IATA show that January saw airfreight traffic declined by 1.8% year on year in freight tonne km terms, which the airline association said was the worst performance in the last three years, ...