IATA – Page 14
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News
German cargo market drops by more than 20% in June
Airlines and freight forwarders experienced some big declines in German export volumes in June, writes Oliver Link from Air Cargo News sister title DVZ.According to the latest Iata Cargo Account Settlement System (Cass) data, the total volume of freight exported from Germany dropped by 24.6% on a weight basis compared ...
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News
Air New Zealand and Cathay Pacific extend partnership up to 2024
Air New Zealand and Cathay Pacific have had their joint venture partnership re-authorised for another five years (up to 31 October 2024) by New Zealand officials.Lavinia Lau, director of commercial, at Cathay Pacific, said New Zealand is an important part of its network and a popular destination for customers.Meanwhile, Nick ...
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Cathay Pacific chief executive resigns amid protest row
Today (August 16) Cathay Pacific announced changes in its senior management team.Augustus Tang will replace Rupert Hogg as chief executive, following Hogg's resignation earlier today. Ronald Lam will replace Paul Loo as chief customer and commercial officer.Although Cathay Pacific "believes that it is the right time for new leadership", the ...
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Cathay Pacific takes action following China warning over protests
Cathay Pacific has suspended a pilot who was arrested amid ongoing protests in Hong Kong. It has also fired two members of ground staff for "misconduct".The suspension and terminations, which took place over the weekend, follow a warning emailed to staff from Cathay Pacific chief executive Rupert Hogg on August ...
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NewsAir cargo down again in June as signs of a recovery were premature
Air cargo traffic has now declined year-on-year for eight months in a row and signs of a recovery in recent months have turned out to be premature.The latest figures from airline association IATA show that demand in terms of freight tonne kms (FTK) declined by 4.8% year on year in ...
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NewsIATA and ATA team up on animal transportation programme
IATA has teamed up with the Animal Transport Association (ATA) to promote adoption of CEIV Live Animals certification to help raise the standard of animal transportation.As part of the tie up, the two organisations have signed a Memorandum of Understanding (MoU). This will see ATA encourage adoption of CEIV Live ...
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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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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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NewsCargo iQ makes changes on its board
L to R: Chris Davies, technology and product manager, Cargo iQ; Ariaen Zimmerman, executive director, Cargo iQ; Laura Rodriguez, implementation and quality manager, Cargo iQ; Henrik Ambak, senior vice president of cargo operations worldwide, Emirates SkyCargo; Megha Palkar, assistant manager, Cargo iQ; Kerstin Strauss, vice president and head of global ...
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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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NewsAirBridgeCargo reconfirms compliance with Cargo iQ’s quality standards
AirBridgeCargo Airlines (ABC) has passed its second audit, reconfirming its compliance with the quality standards of IATA interest group Cargo iQ.During a two-day inspection of its operations in Moscow, the Russian airline was measured against a series of KPIs to guarantee that its services conform to the highest industry quality ...
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NewsE-commerce and specialist products can 'cushion' air cargo in economic downturns
Glyn HughesGrowing e-commerce volumes and specialist high value products such as pharma and perishables provide a “cushion” and “in-built resilience” for air cargo in times of global economic downturns.IATA Cargo boss Glyn Hughes, speaking after the three-day World Cargo Symposium (WCS) in Singapore, said that there was a mood of ...
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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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News
Dallas Fort Worth airport gains CEIV Pharma
Dallas Fort Worth airport (DFW) has been awarded IATA’s Center of Excellence for Independent Validators (CEIV) Pharma certification.The Texan hub, which handled around 911,000 tons of airfreight in 2018, is one of only two airports in North America to gain CEIV Pharma certification.The airport teamed up with four DFW community ...
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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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NewsSome 40% of shippers unaware of dangerous goods regulations
IATA head of cargo Glyn Hughes at the IATA World Cargo Symposium 2019 in SingaporeA large number of shippers, some 40%, admitted to being unaware of the dangerous goods regulations governing airfreight.That statistic, drawn from the latest IATA shipper survey, was described as “a very alarming figure” by IATA’s head ...
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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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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 ...