All IATA Articles – Page 12
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News
IATA calls for suspension of airport slot rules
IATA has called for airport slot rules to be suspended immediately and for the 2020 season in response to the coronavirus.The airline group said that it is contacting aviation regulators worldwide to request suspension of rules governing use of airport slots.At present, the rules for slot allocation mean that airlines ...
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IAG Cargo: Decline in revenues reflects market conditions
IAG Cargo has reported a 7.2% year-on-year decrease in revenues in its full-year results for 2019.From January 1 to December 31 last year, the carrier listed revenues of €1,117 m.IAG Cargo also reported a 2.4% decrease in volumes and a 1% increase in capacity. Meanwhile, the company's yield last year ...
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Airlines' revenues set to take a $30bn hit due to coronavirus
Airline revenues could take a $29.3bn hit as a result of the coronavirus outbreak, according to IATA’s latest assessment.IATA said that the coronavirus could cause demand for air travel to fall for the first time since the global financial crisis, with operators in Asia-Pacific hardest hit.Based on a scenario where ...
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IATA and IPC team up on e-commerce shipments
IATA and the International Post Corporation (IPC) will step up their efforts to promote the development and expansion of safe, secure, accessible and high-quality airmail and air cargo services.The two organisations said they had today signed a memorandum of understanding (MoU) to reinforce their co-operation and have identified seven specific ...
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NewsIATA: Worst year for air cargo since 2009 financial crisis
Recent airfreight trends have been maintained, IATA's latest market analysis detailing full-year results for 2019, has reported. Meanwhile, the impact of the coronavirus on the aviation sector continues to cause uncertainty for the future.Industry-wide freight tonne kms (FTK) for the year declined by 3.3% year on year, while available freight ...
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NewsIATA: Pressure appears to have eased on declining airfreight market
IATA's latest airfreight market analysis, which details figures for November 2019, noted that industry-wide freight tonne kms (FTKs) dipped by 1.1% year on year. This marked the 13th consecutive month of year-on-year decline in airfreight volumes.However, November's performance was also the best in eight months, because it showed the slowest ...
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NewsEtihad Cargo receives CEIV Fresh certification
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has been awarded IATA’s Centre of Excellence for Perishable Logistics (CEIV Fresh) by the airline trade association.It is the first Middle East airline to hold both IATA’s CEIV Fresh and CEIV Pharma certifications, and one of only two carriers around ...
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IATA launches audit certification for general cargo
Air transport association IATA has launched an initiative to reduce audit complexity and duplication for cargo handling facilities, in the same way that its CEIV progamme has for specialist cargo.It is estimated 360,000 days per year are wasted on redundant cargo handling audits. A new Smart Facility Operational Capacity Audit ...
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IATA: Air cargo set to return to growth in 2020
Airline association IATA has predicted that the cargo sector will return to growth next year, while airlines are also expected to improve their profitability.In its annual outlook, IATA said that freight volumes are expected to increase by 2% year on year in 2020 to reach 62.4m tonnes following on from ...
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NewsAtlanta Dachser receives IATA CEIV Pharma certification
Logistics company Dachser has achieved IATA CEIV Pharma certification for four of its locations: Frankfurt, Germany; Mumbai and Hyderabad, India; and most recently Atlanta, US.IATA CEIV-certified companies meet the global standards and demonstrate the best practices in the handling of pharmaceutical products throughout the supply chain. These standards include European ...
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NewsIATA: Peak season off to a disappointing start
It's a slow start for peak season, but key market drivers show signs of stabilising, IATA has reported in its October airfreight market analysis report.Despite peak season being dominated by consumer-led holidays that impact the airfreight market – such as Singles Day, Black Friday, Cyber Monday and Christmas – October ...
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LATAM signs codeshare with Delta in shift away from American
South American carrier LATAM Airlines Group has signed new codeshare agreements with pending-equity owner Delta Air Lines and announced plans to discontinue its codeshare deal with American Airlines on 31 January 2020.The news from Santiago-based LATAM comes as that carrier progresses with a plan to align closely with Delta.News broke ...
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Cathay Group's cargo volumes droop in October
Cathay Pacific and Cathay Dragon carried 183,119 tonnes of cargo and mail in October, a drop of 4.9% compared to the same month in 2018.In its latest monthly figures, Cathay Pacific Group said that cargo and mail load factor fell by 2.4 percentage points to 68.0%.Capacity, measured in available freight ...
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Emirates SkyCargo celebrates pharma-handling achievements
In a recent announcement, Emirates SkyCargo, the freight division of Emirates, highlighted three milestones related to its pharma-handling capabilities.The airline is continuing to invest in pharma-handling facilities, as well as working towards expanding its pharma corridor network.1) Chicago pharma facility received GDP certificationEarlier this year, Emirates SkyCargo established a pharma ...
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DHL set to build new cargo-handling facility at Riga Airport
DHL Latvia is planning to build a new shipment processing and logistics centre at Riga Airport.On November 6, DHL Latvia and real estate development company Castor Construction signed contracts with the airport and agreed to build the new facility within a year.According to the agreement, the new DHL shipment processing ...
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NewsIATA: Volume decline continues, but expected to level off
International freight tonne km growthMarket demand remains weak, IATA reports in its September 2019 figures.Industry-wide, volumes declined by 4.5% in September year on year. This recent slide, which follows a 3.9% decrease in volumes in August, marks the eleventh consecutive month of decline in airfreight volumes. Africa is the only ...
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Lufthansa prepares for two days of cabin crew strikes
The Independent Flight Attendants Organization (UFO) has announced that its Lufthansa members are participating in full-day strikes this week (November 7-8) .Although passenger flights will be affected, thereby disrupting bellyhold operations, Lufthansa Cargo freighters will fly as planned, subsidiary time:matters said in a statement.On Thursday, 7 November, 2,300 of the ...
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Lufthansa Cargo re-launches MIA freighter service
For the first time in more than 25 years, Lufthansa Cargo will be flying a freighter service to Miami International Airport (MIA).The freighter service will fly weekly from Frankfurt to Miami, utilising B777 aircraft.MIA said Germany is a "highly-valued European trade partner"; last year, imports and exports between the two ...
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EgyptAir Cargo streamlines air mail with digital Descartes solution
Descartes Systems Group, which provides software for logistics-led businesses, has announced that EgyptAir Cargo is using its Descartes Velocity Mail (vMail) solution to streamline its air mail distribution.vMail is a cloud-based system that simplifies operational processes and improves efficiency for air carriers, ground handlers and postal authorities.vMail enables mail handlers ...
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NewsNippon Cargo Airlines to host cargo capacity on cargo.one platform
In a move towards digitisation, Nippon Cargo Airlines (NCA) will become the first Asian airline to partner with cargo.one to enable freight forwarders to book NCA’s maindeck capacities, around the clock, and receive instant confirmation.Also, for the first time, cargo.one will be utilising the newly-developed 'one.connect', further simplifying its integration ...