IATA – Page 17
-
News
Air cargo set for another solid year in 2018
Air cargo is expected to have another "solid" year in 2018, although growth is expected to slow and there are some potential challenges ahead.Speaking at the IATA Cargo Media Day in Geneva, the airline association’s chief economist Brian Pearce said he expected e-commerce and inventory restocking to drive “good growth” ...
-
News
Strong cargo growth will help airlines hike profits
IATA is forecasting a 4.5% rise in global cargo carried from 59.9m tonnes in 2017 to 62.5m tonnes in 2018 in its latest analysis, contributing to an improvement in overall airline profitability to $38.4bn compared with an expected $34.5bn this year.While the cargo growth foreseen is below the expected 9.3% ...
-
News
Air cargo up 11% in July, but signs that growth may have peaked
Air cargo traffic increased again in July, compared with a year earlier, but airline organisation IATA has warned that there are a growing number of signs that improvements may have peaked.In total, air cargo traffic in freight tonne km terms increased by 11.4% year on year in July, while supply ...
-
News
Qatar's Al Baker to chair IATA board of governors from 2018
Qatar Airways Group chief executive Akbar Al Baker has been elected chairman of the board of governors of IATA, effective June 2018.The rotating one-year term will commence at the end of IATA’s 2018 annual general meeting in Sydney and will continue until the end of its 2019 meeting.Outspoken Al Baker, ...
-
News
New airline and forwarder air cargo program - IFACP - launches in Canada
Freight forwarder association FIATA and airlines' body IATA have launched their long-awaited Air Cargo Program (IFACP) in Canada.The programme, developed to meet the changing needs of the air cargo industry, will be rolled out globally following the Canadian pilot, and replaces the existing Cargo Agency Program. It will be managed ...
-
NewsOptimistic IATA sees steady air cargo growth
Global freight tonne kilometres (FTKs) put in their strongest first-half performance for seven years, said IATA in its report for the first six months of 2017, published on 2 August.Traffic grew by 10.4% in the first half of 2017 compared to the first half of 2016, the best showing since ...
-
News
A new book on ULD handling and safety
ULD CARE, a not-for-profit Canadian corporation, has published a new book, ULD Explained, aimed at promoting the correct handling of unit load device (ULD) containers.The book, available in eBook and hard copy formats, will promote greater awareness of the flight safety contribution of ULDs, the need for correct handling of ...
-
News
WCS17: How air cargo can fight back to profitability
Air cargo can improve profitability levels by encouraging adherence to contracts, offering transparent pricing, developing joint global solutions, moving to a modern commerce business model and creating carrier partnerships.Speakers at an IATA World Cargo Symposium session on air cargo profitability largely agreed that capacity was set to continue to grow ...
-
News
How smart ULDs and better data can help the cargo terminal of the future
Cargo warehouses of the future will have smart devices, smart people and technology-driven ULDs transformed from “dumb boxes” to interactive equipment.Those were some of the takeaways from the “cargo facility of the future” panel discussion at the World Cargo Symposium (WCS) in Abu Dhabi.The air cargo warehouse of the past ...
-
NewsAir cargo on the up in May, but growth could have peaked
Airfreight demand growth improved at a double-digit pace in May, but indicators suggest improvements have peaked.The latest statistics from airline association Iata show that air cargo demand in freight tonne km terms increased by 12.7% year on year in May, up from the 8.7% registered in April and well ahead ...
-
News
WCS17: IATA optimistic on growth but issues warning over protectionism
IATA director general and chief executive Alexandre de Juniac kicked off the 2017 World Cargo Symposium by speaking of the organisation’s optimism about demand growth but also warned that challenges remain.Providing a state of the industry outlook, de Juniac begin by outlining his “optimistic view” for future growth in air ...
-
News
IATA prioritises quality in difficult times
Speaking at The 10th annual World Cargo Symposium (WCS) being held in Berlin this week (15-17 March), the director general and CEO of IATA, Tony Tyler, has called for further transformation in the airfreight sector, and pointed to greater quality of service as what he believes should be the priority ...
-
News
WCS17: Disruptors and Trump on the Abu Dhabi agenda
Transform today: shape tomorrow, that is the theme of IATA’s 11th World Cargo Symposium (WCS), which takes place in Abu Dhabi, March 14-16.After the success of Berlin in 2016, IATA wants to move the air cargo industry “from talk to action”.Three days of debate at the Abu Dhabi National Exhibition ...
-
News
WCS17: Innovation, building windmills in Abu Dhabi
Fasten your cargo seatbelts, we’re heading for a digital tornado as the airfreight industry embraces technological change.That was the clear message from the horizon innovation forum held in Abu Dhabi on the eve of the opening of today’s IATA World Cargo Symposium 2017 at the ADNEC exhibition and conference centre.The ...
-
News
WCS17: Optimism but beware potholes the size of a politician's ego
If you need one word to sum up the mood music of the first day of IATA’s World Cargo Symposium in Abu Dhabi, then that word is optimism, albeit with a few caveats circling overhead.The contrasting key factors discussed during the launch day’s plenary session included: trade protectionism, a growing ...
-
News
IATA calls for cargo transformation
At the 73rd IATA General Meeting and World Air Transport Summit in Cancun, Mexico, a resolution has been adopted to “accelerate the modernisation and transformation of the air cargo industry” through a customer-centric approach.Measures covered by the resolution include digitisation of the supply chain for instant information sharing to improve ...
-
News
WCS17: Air cargo digital disruption takes centre stage
The digitisation of air cargo is a hot topic at the moment and day two of IATA’s World Cargo Symposium began with a call for software providers to push carriers and forwarders to speed up their adoption of digital technology.To start the digitisation session, Mercator chief executive Cormac Whelan said ...
-
NewsApril freight growth tails off but IATA remains upbeat
Global air freight tonne kilometres (FTKs) rose 8.5% in April 2017 compared to last year, said IATA in its latest figures.While this was down from March’s 13.4% year-on-year growth, it is well above the average annual growth rate of 3.5% over the past five years.Meanwhile, growth in freight capacity, measured ...
-
News
E-AWB usage finally breaches 50% mark
Electronic Air Waybill (e-AWB) penetration finally breached the 50% mark in April as more than 730,000 of the digital documents were processed.The latest IATA figures show that April’s e-AWB penetration level on feasible trade lanes edged up by 1.3 percentage points compared with March to reach 50.7%, exceeding the 50% ...
-
News
Goh Choon Phong new IATA chairman
Singapore Airlines chief executive Goh Choon Phong has become the 76th chairman of the IATA board of governors, effective June 6, succeeding International Airlines Group chief executive Willie Walsh in the role.Goh said: “While the industry’s global profitability may be strengthening, there is more work to be done as it ...