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 […]
Air Cargo Demand Softens in September
The International Air Transport Association (IATA) released data for September 2022 global air cargo markets showing that air cargo demand softened. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 10.6% compared to September 2021 (-10.6% also for international operations), but continued to track at near pre-pandemic levels (-3.6%). Capacity was 2.4% above September 2021 (+5.0% […]
Air Cargo Demand Shows Resilience in August
The International Air Transport Association (IATA) released August 2022 data for global air cargo markets which demonstrated the industry’s resilience amid economic uncertainties. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 8.3% compared to August 2021 (-9.3% for international operations). This was a slight improvement on the year-on-year decline of 9.7% seen in July. Capacity […]
New CASSLink Successful Go-Live in US Market
The International Air Transport Association (IATA), in collaboration with its wholly owned subsidiary Cargo Network Services (CNS), announced that the modernized CASSLink has been successfully deployed in the United States air cargo market. CASSLink is an invoicing system for billings and payments between airlines and freight forwarders which are participating in the Cargo Accounts Settlement […]
Dangerous Goods Transport Survey Highlights Challenges
The International Air Transport Association (IATA) and Labelmaster, and Hazardous Cargo Bulletin, announced the results of their seventh annual 2022 Global Dangerous Goods Confidence Outlook. The survey results underscored the need for greater process consistency, increased automation and more reliable data to facilitate the safe and secure transport of dangerous goods (DG). “Global supply chain […]
