2017 State of Logistics: Air Cargo
One of the most positive developments for logistics managers so far this year has been the reversal of fortunes in the air cargo sector. According to the International Air Transport Association (IATA), air cargo markets worldwide showed that demand rose 8.5% in April 2017 compared to the same period a year ago. While this was […]
Airlines Commit to Air Cargo Modernization
The International Air Transport Association (IATA) 73rd Annual General Meeting (AGM) adopted a resolution to accelerate the modernization and transformation of the air cargo industry. The resolution builds on the momentum created by the entry into force of the World Trade Organization"™s (WTO"™s) Trade Facilitation Agreement (TFA). «The TFA commits governments to making trade faster, […]
IATA: Air cargo growth at fastest pace since 2010
Growth in worldwide air cargo traffic reached its highest level in nearly seven years as March FTKs expanded 14% compared to a year ago, according to IATA"™s March Air Freight Market analysis. Freight capacity increased 4.2% during the month, leading to a total market freight load factor of 47.4%, up 4.1 points year-over-year. "[It] was […]
Air Cargo Off to a Solid Start in 2017
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.9% in January 2017 compared to the year-earlier period. While this was down from the 10% annual growth recorded in December 2016 it still was well above the average annual growth rate […]
Team Effort Needed to Improve Value of Air Cargo
The International Air Transport Association (IATA) called for continued transformation in the air cargo industry with a focus on raising the quality of its offering at the opening of the 10th annual World Cargo Symposium (WCS) in Berlin. The global air cargo sector continues to face a difficult business environment. The anemic growth experienced since […]
Destaca aporte de aviación civil a turismo y economía de RD
La aviación civil ha tenido una "importancia capital" en el crecimiento y desarrollo del turismo, por lo que el gobierno debe incentivar la creación de líneas aéreas locales y atraer nuevas aerolíneas extranjeras que vuelen a territorio dominicano y beneficien la economía nacional. Así lo planteo, Ryan Polanco, presidente de Lift Air Group, quien destacó […]
Five-year Forecast Shows Improved Outlook for Air Cargo
The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a compound annual growth rate (CAGR) of 4.1% over the next five years. Emerging economies, particularly in the Middle East and Africa, will be the fastest-growing markets. «Air cargo remains as vital to the global […]
Shippers voice concerns to air cargo industry
Shippers revealed the challenges of the air cargo industry in a panel Monday at the CNS Partnership Conference in San Antonio, Texas. Des Vertannes, global head of cargo at the International Air Transport Association, moderated the panel. He said one issue is air cargo "“ the mode that shippers pay the most for "“ is […]
Moderate Growth for Air Cargo in 2013 Full Year Performance Statistics Released
The International Air Transport Association (IATA) released figures showing a 1.4% expansion of global freight tonne kilometers (FTKs) in 2013 when compared to 2012. Cargo markets made very slow progress during the first half of the year. Acceleration in the trend took root in the latter half of 2013, placing air freight volumes on a […]
Air Cargo Resumes Fragile Recovery
The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October. Compared to October 2012, global freight tonne kilometers (FTK) grew 4.0%, with growth in all regions except Africa. The gradual expansion continues a trend that began in the third quarter as air freight markets have responded to […]
