Air cargo growth slowed in 2018, says ACI
Air cargo volumes grew just 3.2% in 2018, compared with 7.7% in the previous year, according to preliminary world airport traffic rankings released by Airport Councils International (ACI). “The ongoing trade war between the United States and several of its closest trade partners was a shock for the industry and global supply chains,” said ACI […]
PayCargo announced a global agreement with IATA to jointly offer The IATA-PayCargo System
PayCargo LLC which operates a patented web-based payment platform serving the freight and logistics industry, announced an agreement with the International Air Transport Association (IATA), the trade association for the world’s airlines, to jointly offer the Air Cargo Industry an advanced and efficient payment and settlement system: The IATA-PayCargo System. This partnership marks the global […]
Air Cargo Priorities: Trade, Global Standards and Modernization- IATA
The International Air Transport Association (IATA) called on governments and the air cargo industry to focus on three priorities to accommodate the expanding demand for air cargo and ensure the economic and social benefits of aviation can be maximized. The three priorities are: – Accelerating the speed of process modernization, – Implementing and enforcing global […]
IATA announces e-AWB as default effective 1 January 2019
Effective 1 January 2019, the electronic Air Waybill (e-AWB) will become the default contract of carriage for all air cargo shipments on enabled trade lanes. This key industry milestone ushers air cargo into a new era where digital processes will be the norm and paper processes will be the exception. e-AWB brings numerous benefits such […]
Demand for air cargo grew 2% in September: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.0% in September 2018, compared to the same period the year before. This pace of growth was relatively unchanged from the previous month but was less than half the five-year average growth […]
El nuevo aeropuerto de Estambul, uno de los más grandes del mundo
El nuevo aeropuerto de Estambul ofrece ya vuelos a cinco destinos hasta una apertura posterior en diciembre de este mismo año. Con ello, el proyecto de 10.500 millones de euros está configurado para transformar a Estambul en un centro global de viajes entre Asia y Europa. Oficialmente inaugurado el pasado 29 de octubre, coincidiendo con […]
Swiss WorldCargo obtains CEIV-Pharma certification
Zurich-based carrier Swiss WorldCargo, the air cargo division of Swiss International Airlines, has gained its CEIV-Pharma certification this week, assuring that all segments of its supply chain network, operating in more than 84 countries, meet the strict temperature-control standards set by IATA. The carrier, while small, has carved out a niche in the sector of […]
US seeks to head off new terrorist threats against air cargo
US security officials have uncovered specific cargo-related terrorist threats against US-bound aircraft, prompting the customs agency to tighten requirements related to air cargo reporting. «[The Department of Homeland Security] has received specific, classified intelligence that certain terrorist organisations seek to exploit vulnerabilities in international air cargo security,» the agency says in a new rule made […]
Air Cargo Off to a Robust Start in 2018
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.0% in January 2018 compared to the year-earlier period. This was up from the 5.8% annual growth recorded in December 2017. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by […]
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" in cargo revenues of […]
