Air Cargo Declines Moderate in March

The International Air Transport Association (IATA) released data for March 2023 global air cargo markets showing a continued decline against previous year’s demand performance. This trend began in March 2022. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 7.7% compared to March 2022 (-8.1% for international operations). This was a slight improvement over the previous […]

World’s Busiest Cargo Airport to Host IATA World Cargo Symposium in 2024

IATA has confirmed that Hong Kong International Airport (HKIA) has been confirmed as the host airport for the World Cargo Symposium (WCS) in 2024, with Cathay Cargo the host airline. The event, scheduled to take place from 12 to 14 March at AsiaWorld-Expo, is expected to attract over 1,000 attendees from around the world. Fred […]

LATAM Cargo and Swiss Airtainer Win 2023 IATA Air Cargo Innovation Awards

The International Air Transport Association (IATA) announced that LATAM Cargo and Swiss Airtainer (SAT) are the recipients of the IATA Air Cargo Innovation Awards for 2023. The awards were presented at the 16th World Cargo Symposium (WCS) in Istanbul, Türkiye. LATAM Cargo received the Corporate Innovation Award for its plastic reduction projects in its cargo […]

Air Cargo Priorities: Sustainability, Digitalization & Safety

The International Air Transport Association (IATA) highlighted three priorities to enable the air cargo industry to maintain momentum against the backdrop of a challenging operating environment. The priorities, outlined at the 16th World Cargo Symposium (WCS), which opened in Istanbul today are: Sustainability Digitalization Safety “Air cargo is a different industry than the one that entered […]

Air Cargo Makes a Soft Start to 2023

The International Air Transport Association (IATA) released data for January 2023 global air cargo markets showing that air cargo demand declined as economic headwinds persist. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 14.9% compared to January 2022 (-16.2% for international operations). Capacity (measured in available cargo tonne-kilometers, ACTK) was up 3.9% compared to January […]

Air Cargo Closes 2022 Near Pre-Pandemic Levels

The International Air Transport Association (IATA) released data for global air freight markets showing that 2022 full-year demand for air cargo took a significant step back from 2021 levels but was close to 2019 performance. Global full-year demand in 2022, measured in cargo tonne-kilometers (CTKs*), was down 8.0% compared to 2021 (-8.2% for international operations). […]

IATA Launches 2023 Air Cargo Innovation Awards

The International Air Transport Association (IATA) has launched the fourth edition of the IATA Air Cargo Innovation Awards to recognize new solutions, concepts and ideas that contribute to air logistics’ digitalization, sustainability, safety and security. “Innovation holds the key to development, sustainability and success in the air cargo industry and we are committed to recognizing […]

Air Cargo Demand Softens in November

The International Air Transport Association (IATA) released data for November 2022 global air cargo markets showing that demand softened as economic headwinds persist. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 13.7% compared to November 2021 (-14.2% for international operations). Capacity (measured in available cargo tonne-kilometers, ACTK) was 1.9% below November 2021. This was the […]

Headwinds Continue to Affect Air Cargo Demand in October

The International Air Transport Association (IATA) released data for October 2022 global air cargo markets showing that headwinds continue to affect air cargo demand. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 13.6% compared to October 2021 (-13.5% for international operations). Capacity was 0.6% below October 2021. This was the first year-on-year contraction since April […]