All IATA Articles – Page 25
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News
IATA figures find fair weather for freight flow
IATA’s November Airlines Financial Monitor finds good news for much of the air cargo sector as freight volumes continue to expand steadily and load factors improve on the back of growth in demand.Air freight volumes increased in October compared to September, with recent improvements driven by progress in Asia Pacific ...
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IATA: solid volume gains
Air freight volumes are showing solid gains on a year ago, supported by improving trade growth in some regions, but weakness in load factors and yields continues to place downward pressure on financial performance.That was the message from the latest cargo e-Chartbook from airline association IATA, covering the fourth quarter ...
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Tonnage up but rates to shrink in 2015 says IATA
Senior cargo executives at IATA member airlines are predicting that global air freight tonnage will increase next year at its fastest rate since 2010. Yet rates are likely to shrink by a further 5.8 per cent in real terms, intensifying pressure on margins.Brian Pearce, IATA chief economist, told a media ...
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Asia and Middle East lead November air cargo surge
Asia-Pacific and Middle East carriers led the November surge in global air cargo demand, amid hopes that the momentum will continue into 2015 as international trade improves.Latest market data from the International Air Transport Association (IATA) saw November 2014 demand, measured in freight tonne km (FTK), grow 4.2 per cent ...
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IATA to survey shippers
IATA is to undertake a global shipper survey, its first for four years, to help it learn more ahead of the World Cargo Symposium in Shanghai during March about customers’ increasingly sophisticated requirements.In a presentation at IATA’s Geneva headquarters in December, Glyn Hughes, the association’s new global head of cargo, ...
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Volumes to rise but yields droop, says IATA
Airfreight volumes are set to continue the growth seen in recent months, but yields will be weak, says the International Air Transport Association in its latest survey.The Airline Business Confidence Index published in January reported accelerated growth volumes in the fourth quarter of 2014 compared with Q3, “which is consistent ...
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Airfreight growth fails to match capacity
Airfreight volume sustained recent gains in the November to January period but load factors fell in December, thanks to a surge in capacity, said the latest International Air Transport Association Airlines Financial Monitor.IATA said that airfreight volumes continued strong, despite a small contraction in December compared with November, and the ...
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Airlines optimistic on cargo volumes
The majority of airline cargo bosses expect volumes to expand over the year ahead.The latest IATA confidence index survey found that the results for cargo were “positive” and reflect “important developments in the demand environment”.Respondents among the heads of cargo reported growth in air freight volumes over recent months, which ...
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Latest eAWB statistics
CATHAY and Emirates continue to lead the way in airline eAWB adoption, as paperless documentation has doubled in 12 months, reports IATA.“The total number of eAWBs used grew by more than 50,000 during the last 12 months, with an average increase of one per cent each month since the beginning ...
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Air cargo dips in June
GLOBAL airfreight volumes were up 4.1 per cent in the first six months of this year in comparison with 2013, buoyed by improving global trade and stronger business activity over the past year, according to IATA.June’s figures show reduced demand though, slowing to 2.3 per cent – down on the ...
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China takes a step closer to e-freight
CHINA SOUTHERN Airlines’ first international e-AWB shipment on a flight from its Guangzhou (CAN) hub to Amsterdam is a major benchmark not only for the carrier but also for the International Air Transport Association (IATA), writes Thelma Etim, deputy editor.Arguably, this latest development increases the possibility of the air cargo ...
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July air freight markets rise strongly
Global air freight markets showed a strong increase in July, with freight tonne km (FTKs) up 5.8 per cent, more than twice the rate of prior month June.Latest data from the International Air Transport Association (IATA) indicates that the strong growth mirrors positive developments in some key regional economies but ...
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Flying pharma
A YEAR AGO this month, senior air cargo executives drawn from leading companies operating across the supply chain met in Lisbon, Portugal, to discuss the urgent issues facing cool chain transportation.The picture painted by analysts Seabury was bleak, revealing the industry was in danger of losing more potential air cargo ...
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Ground handling warning
THE GROUND handling industry must jettison masses of unnecessary complexity if it truly wants to make seismic changes to the way it operates, writes Thelma Etim, deputy editor.Integrating and streamlining processes to cut transit times by 48 hours, such as the paper-heavy Service Level Agreement (SLA); communicating better with customers ...
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TIACA building next-generation skills
Recruiting the next generation of people, and equipping them with the skills to take the industry forward, has become a major priority for The International Air Cargo Association.TIACA held a Future Air Cargo Summit in collaboration with IATA on the final afternoon of the Air Cargo Forum in Seoul, putting ...
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Cargo forecast good, says IATA
THE International Air Transport Association (IATA) five-year forecast confirms others’ predictions of reasonable future air cargo growth.IATA suggests international freight volumes are expected to increase at a compound annual growth rate (CAGR) of 4.1 percent over the next five years. Emerging economies, particularly in the Middle East and Africa, will ...
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IATA launches lithium battery guidance
A free online guide to lithium battery risk-mitigation for airlines has been published by IATA.The first edition guidance material provides airline operators with important information related to the safe handling and transport of lithium batteries by air.Lithium batteries power most personal electronic devices. Although lithium batteries are very safe, their ...
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GSAs mull bespoke training scheme
The Federation of Airline General Sales Agents (Fedagsa) would like to see a bespoke training programme for GSAs and GSSAs – possibly as early as the end of the year, secretary general Glenn Shires told ACN in an interview.The Swiss-based representative organisation is currently in discussions with the International Air ...