Iberia and Repsol sign an agreement with Inditex to use 5% SAF for the transport of Its air cargo
Repsol and Iberia signed an agreement with Inditex to purchase sustainable aviation fuel, or SAF, which represents 5% of the fuel that Iberia uses to transport Inditex merchandise on its flights. Iberia first acquired SAF for Inditex cargo, which Repsol will supply directly at the Adolfo Suárez Madrid-Barajas airport. The use of this fuel will […]
Boeing Forecasts Demand for Nearly 44,000 New Airplanes Through 2043 as Air Travel Surpasses Pre-Pandemic Levels
With air travel fully recovered and even surpassing pre-pandemic demand, Boeing [NYSE: BA] today projected a 3% increase in airplane deliveries over the next 20 years, with carriers requiring nearly 44,000 new commercial airplanes by 2043. Leading into the Farnborough International Airshow, Boeing released its 2024 Commercial Market Outlook (CMO), which also predicts emerging markets […]
Strong Air Cargo Demand Continues in May
The International Air Transport Association (IATA) released data for May 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 14.7% compared to May 2023 levels (15.5% for international operations). This is the sixth consecutive month of double-digit year-on-year growth. Capacity, measured in available […]
Air Cargo Demand Continues Strong Growth into Q2
The International Air Transport Association (IATA) released data for April 2024 global air cargo markets showing strong annual growth in demand into the second quarter (Q2). Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.1% compared to April 2023 levels (11.6% for international operations). This is the fifth consecutive month of double-digit year-on-year growth. […]
Air Cargo Posts Fourth Month of Double-Digit Growth in March
The International Air Transport Association (IATA) released data for March 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 10.3% compared to March 2023 levels (11.4% for international operations). This is the fourth consecutive month of double-digit year-on-year growth. Capacity, measured in available […]
SkyTeam Cargo Welcomes John Engelaan as Vice President Cargo
SkyTeam Cargo, the world’s only global air cargo alliance, has welcomed John Engelaan on board as its new Vice President, effective immediately. Engelaan, a Dutch national, brings more than 35 years’ international experience to his role at SkyTeam Cargo. Prior to joining the global cargo alliance, he was Vice President of Global Fleet at Swissport […]
Air Cargo Demand Maintains Double-Digit Growth in February
The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.9% compared to February 2023 levels (12.4% for international operations). This is the third consecutive month of double-digit year-on-year demand growth. Capacity, measured in […]
IATA Announces First Signatories to Air Cargo Digitalization Leadership Charter
The International Air Transport Association (IATA) announced the launch of the IATA Digitalization Leadership Charter at the IATA World Cargo Symposium in Hong Kong. Cathay Cargo, CHAMP Cargosystems, Global Logistics System (HK) Company Limited, IAG Cargo, IBS Software, LATAM Cargo, and Lufthansa Cargo are the inaugural signatories of the charter. The Digitalization Leadership Charter aims […]
Air Cargo Demand up 18.4% in January
The International Air Transport Association (IATA) released data for January 2024 global air cargo markets indicating a strong start to 2024. Total demand, measured in cargo tonne-kilometers (CTKs*), increased by 18.4% compared to January 2023 levels (19.8% for international operations). This significant upturn marks the highest annual growth in cargo tonne-kilometers (CTKs) since the summer […]
Air Cargo Demand Up 8.3% in November
The International Air Transport Association (IATA) released data for November 2023 global air cargo markets indicating the strongest year-on-year growth in roughly two years. This is partly due to weakness in November 2022, but also reflects a fourth consecutive month of strengthening demand for air cargo. Global demand for air cargo, measured in cargo tonne-kilometres […]
