All IATA Articles – Page 24
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News
IATA to facilitate a unified industry position on aircraft global tracking
IATA has called on governments and industry to focus on partnerships, data analysis and runway safety in the ongoing quest to make flying even safer.Tony Tyler, the association’s director general, speaking amid the ongoing search for MH370, also committed IATA to facilitating a unified industry position on global tracking of ...
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February rise of 2.9 per cent for global air cargo markets
FEBRUARY saw a 2.9% rise in global air cargo markets compared with the same month last year, prompting “measured optimism” from IATA for the sector’s prospects in 2014.According to latest market data from IATA, February’s increase in FTKs continues an early upward trend in 2014, with an overall 3.6% improvement ...
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E-AWB penetration remains flat
GLOBAL E-AWB penetration has remained flat over the last two months partly due to the Chinese New Year, which impacted Asian markets, where e-AWB penetration is high, says IATA.Emirates Airline remains in the top slot as the carrier that operates the most eAWB shipments, according to the association’s top-10 league ...
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IATA warns of "tough year" for cargo
The New Year got off to a slow start for air cargo says IATA in its latest statistical bulletin.While freight tonne kilometres grew 3.2 per cent in January 2015 compared to the same month last year, it was slower than the 2014’s 4.5 per cent average.IATA director general and chief ...
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IATA’s e-AWB agreement gains momentum
MORE air cargo operators have backed the International Air Transport Association’s (IATA) Multilateral e-AWB Agreement, as part of the body’s ongoing e-freight drive. A total of 68 carriers and 824 forwarders have now signed the single standard document, allowing businesses to communicate electronically, rather than use a paper airwaybill.IATA’s e-AWB ...
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Airfreight growth, but yields decline
AIR CARGO executives and airline financial officers (CFO’s) are sanguine about market conditions for the remainder of this year, says IATA.A survey conducted by the association shows businesses have witnessed growth in airfreight volumes over recent months, which is consistent with freight data and more than half of the respondents ...
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Air cargo market levels off, notes IATA
AIRFREIGHT markets were up 5.9 per cent in March compared to a year ago and capacity grew 3.4 per cent, reports IATA.Despite this improvement, air cargo volumes have been basically flat since the beginning of this year, says the association.“This plateau in volumes is consistent with the recent pause in ...
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Jan de Rijk gains CEIV Pharma
Jan de Rijk Logistics has achieved certification in IATA’s Center of Excellence for Independent Validators in Pharmaceutical Handling programme (CEIV Pharma). “With this certification we are able to differentiate ourselves by offering a competitive advantage to our customers”, says Sebastiaan Scholte, chief executive of Netherlands-based Jan de Rijk Logistics, which ...
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New e-signature process for Multilateral e-AWB Agreement
FORWARDERS who want to sign up for IATA’s Multilateral e-AWB Agreement can now do so with just an e-signature.The new process, which is legally binding, secure, as well as efficient and environmentally-friendly, removes the need for parties to print, sign and mail paper documents, says a statement from the association.A ...
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April sees growth slow
AIRFREIGHT markets saw growth levels slow down in April.IATA data for the month shows that demand measured in freight-tonne-kilometres [FTKs] was 3.2 per cent above previous year levels, but traffic levels in April were slightly below those of January and 1.1 per cent lower than what was recorded in March.“Prior ...
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IATA aircraft tracking, draft options by year end
IATA EXPECTS to present draft options for enhanced global aircraft tracking to the aviation industry before year-end.The association’s Aircraft Tracking Task Force plans to deliver the draft options to the International Civil Aviation Organisation in September, followed by the industry-wide presentation.The disappearance of flight MH370 saw IATA to establish an ...
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IATA: "solid improvement" in air freight growth
AIRFREIGHT growth has seen a “solid improvement” in 2014 over prior year, but IATA warns that demand could weaken as the on-shoring trend continues.Volumes are being supported by the cyclical upswing in the global economy but high fuel prices, stable at $120 per barrel, and weak cargo yields continue to ...
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Global air cargo stabilising, says IATA
AIRFREIGHT markets saw growth levels accelerate in May.IATA data for the month shows that demand measured in freight-tonne-kilometres [FTKs] rose across all regions, but with significant differences in performance.Whilst the Middle East carriers enjoyed 9.3 per cent year-on-year growth, the North American carriers reported 2.4 per cent.The growth trajectory reflects ...
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Cathay head of the e-cargo class
CATHAY PACIFIC remains top of the e-freight league table, IATA’s statistics show, writes Thelma Etim, deputy editor.The carrier has retained its ranking as the airline that operates the most e-AWB shipments.Cathay’s e-AWB volumes climbed by 47.1 per cent in May, whilst Emirates is in second place with 29.8 per cent.Korean ...
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IATA hit list to bolster Europe's air industry
IATA has called on European governments and regulators to bolster the region’s competitiveness, citing a hit list of measures to improve global connectivity.Tony Tyler, the airline association's director general and chief executive, said: “Among the biggest obstacles faced by European airlines are the competitive disadvantages placed in their way by ...
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June sees air cargo spurt amid higher fuel costs
RISING jet fuel prices in June marred a slight monthly increase in airfreight volumes in May.The improvement in air cargo demand was consistent with a pick-up in world trade volumes, as well as a small rise in business confidence after a broadly flat trend in prior months, IATA notes.Oil barrel ...
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IATA hits out at Malaysian 'outrage'
IATA has described the tragedy of Malaysian Airlines flight MH17 as “an outrage and a hideous crime”.In a powerful statement released by director general Tony Tyler, the airline association says the downing of the aircraft was an attack against the air transport system – “which is an instrument of peace.”The ...
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Air freight volumes show solid gains
Air freight volumes continue to show solid gains on a year ago, supported by economic improvements in some regions, says IATA in its latest quarterly cargo chartbook.But high jet fuel prices and overall weakness in yields have kept cargo financial performance from improving so far this year, adds IATA.“Emerging Asia ...
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IATA: Cargo growth accelerated in September
Global air freight showed accelerated demand in September for most markets, although there are “mixed messages” in regional growth and fears remain of a "bumpy road" ahead.International Air Transport Association (IATA) data saw global freight tonne km (FTKs) volumes rise 5.2 per cent compared to September 2013, some 0.8 percentage ...
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IATA stats: October growth continues but caution prevails
IATA’s October air freight data for October presents a mixed picture, as strong route development by Middle East carriers and demand for Apple’s iPhone 6 out of Asia were countered by economic concerns in Europe and Africa.Overall global volumes were up 5.4% in October compared to a year ago, an ...