Caribbean Airlines Cargo now live on CargoAi
Caribbean Airlines Cargo is now live on air cargo digital solution platform CargoAi and offers capacity to and from the Caribbean. The partnership means that freight forwarders worldwide can now access and use www.cargoai.co for e-quotes and e-bookings for all destinations served by Caribbean Airlines Cargo worldwide, including, but not limited to, Trinidad, Jamaica, Guyana, […]
FedEx expects slow recovery in bellyhold capacity and lower growth
FedEx yesterday reported its full financial year results and outlined expectations of ongoing supply chain disruption, a slow return of air bellyhold capacity and lower growth levels for the coming fiscal year. In the fiscal year ending May 31, the express giant saw revenues increase by 11.3% year on year to $93.5bn and operating income […]
After Challenging Year, Improvement Expected for 2020
The International Air Transport Association (IATA) forecast that the global airline industry will produce a net profit of $29.3 billion in 2020, improved over a net profit of $25.9 billion expected in 2019 (revised downward from a $28 billion forecast in June). If achieved, 2020 will mark the industry’s 11th consecutive year in the black. […]
Jet fuel prices move solidly up, average $92 in Sep: IATA
Driven by supply concerns, jet fuel prices have moved solidly higher, increasing by around 3.5% and averaged $92 a barrel for September, a new IATA report has shown. Oil prices have risen nearly 40% over the past year and jet fuel prices averaged more than $90/b last month, it said. Crude prices reached their highest […]
Freight Volumes Continue to Trend Upward in August, Up 2.3%
Geneva – The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.3% in August 2018, compared to the same period the year before. This pace of growth was unchanged from the previous month but was less than half the five-year average […]
Moderate Freight Growth Continues in July, Up 2.1%
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1% in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of […]
Freight Growth Slowdown Continues in June
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.7% in June 2018, compared to the same period the year before. This continues the slowdown in air cargo growth that began earlier in 2018. Growth for the first half of 2018 […]
Air Freight Growth Continues to Grow Modestly in May, Up 4.2%
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 4.2% in May 2018, compared to the same period the year before. This was slightly down from the 5.2% (revised from 4.1%) growth in annual demand recorded in April 2018. Freight capacity, […]
IATA expects slower growth with uptick in protectionism
In its second-quarter Cargo Chartbook, the International Air Transport Association (IATA) predicted a likely slowdown ahead for airfreight traffic, as traffic in freight tonne kilometers (FTKs) rose by a slower 4 percent, year-over-year, during the three months ended April. The positive air freight performance during 2017 was supported by overall strength in world trade demand […]
IATA Cargo Chartbook – Q2 2018
We are pleased to send you herewith the latest quarterly Cargo Market Analysis. Key points: Year-on-year growth in air freight tonne kilometres (FTKs) slowed to 4.0% in the three months ended April, with freight volumes now having broadly tracked sideways in seasonally adjusted (SA) terms over the past six months. The best of the upturn […]
