Air Freight Growth Recovers Slightly in April, Up 4.1%

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 4.1% in April 2018, compared to the same period the year before. This was up from the 1.8% growth in annual demand recorded in March 2018. Freight capacity, measured in available freight […]

Air Freight Growth Slows to 22-Month Low as Restocking Cycle Ends

he International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 1.7% in March 2018, compared to the same period the year before. This was five percentage points lower than the February result and the slowest pace of growth in 22 months. The […]

Latam Cargo expands its freight network in Europe

LATAM Cargo, the leader in cargo transportation to, from and within Latin America, recently opened two direct cargo routes from Brussels and Madrid to South America, with two and one weekly frequencies respectively, making the company the only airline to offer air freighter service between these cities and the region. LATAM Cargo recently launched direct […]

Air Freight Up 6.8% in February but Protectionist Risks Remain

The International Air Transport Association (IATA) released demand growth results for global air freight markets for February 2018 showing a 6.8% increase in demand measured in freight tonne kilometers (FTKs) compared to the same period last year. Adjusting for the potential Lunar New Year distortions by combining growth in January 2018 and February 2018, demand […]

Global airline share prices up 2.9% in January, says IATA

Global airline share prices rose by 2.9% in January, with increases in Europe and Asia offsetting a modest decline in North America, according to the International Air Transport Association (IATA) January 2018 Airlines Financial Monitor. In the report yesterday, IATA said the airline index has fallen broadly in line with the global equity market during […]

African carriers"™ post 15.6% growth in freight volumes-IATA

African carrier"™ posted the fastest growth in year-on-year freight volumes, up 15.6% in December 2017 and a capacity increase of 7.9% boosted by strong growth in Africa-Asia trade, latest data from the International Air Transport Association (IATA) shows. This contributed to an annual growth in freight demand of 24.8% in 2017 "“ the fastest growth […]

Airlines see improving profits in Q4 2017: IATA survey

The International Air Transport Association (IATA) said Tuesday that 75 percent of airlines surveyed early in January indicated an improvement in year-on-year profitability in the fourth quarter of 2017 compared with the same period in 2016. In its latest business confidence survey of airline chief financial officers (CFOs) and heads of cargo, IATA found that […]

IATA Cargo Chartbook – Q4 2017

We are pleased to send you herewith the latest quarterly Cargo Market Analysis. Key points: Air freight tonne kilometres (FTKs) grew by a strong 8.8% year-on-year in the three months ended October, with industry reports indicating that demand has been strong in the key final months of the year too. Stronger economic and trade conditions, […]

Global airline share prices up 1.7% in October, says IATA

The International Air Transport Association (IATA) in its October 2017 Airlines Financial Monitor said the initial financial data for Q3 point to a healthy industry EBIT margin of 16.3%, down only slightly on a year ago. In the report released yesterday, IATA said European airlines posted the widest profit margin on this occasion, overtaking their […]

Middle East carriers"™ fleet size to more than double by 2036

The fleet size of operators in the Middle East is forecast to more than double from 1,250 to 3,320 aircraft over the next two decades, according to the Airbus Global Market Forecast. The Middle East will need some 2,590 new aircraft by 2036, for replacement of 520 older generation aircraft, and 2,070 aircraft for growth, […]