Strong December Performance Contributes to Stellar Year for Air Cargo in 2021, Year-on-year Demand up 18.7%
The International Air Transport Association (IATA) released data for global air freight markets showing that full-year demand for air cargo increased by 6.9% in 2021, compared to 2019 (pre-covid levels) and 18.7% compared to 2020 following a strong performance in December 2021. This was the second biggest improvement in year-on-year demand since IATA started to […]
Supply Chain Disruptions Halve November Air Cargo Growth
The International Air Transport Association (IATA) released data for global air cargo markets showing slower growth in November 2021. Supply chain disruptions and capacity constraints impacted demand, despite economic conditions remaining favorable for the sector. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all […]
IATA’s new head of cargo outlines the challenges ahead
IATA’s new head of cargo, Brendan Sullivan, praises the sector’s response to Covid and outlines the challenges ahead, writes Roger Hailey. Airline passenger divisions may ‘put bums on seats’ but air cargo’s stakeholders went one better during the pandemic, they placed life-saving PPE on seats and launched the preighter. The airfreight industry has never been […]
Air Cargo Demand Up 9.4% in October
The International Air Transport Association (IATA) released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that the capacity constraints have eased slightly. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below […]
Air Cargo, up 9.1% in September, Capacity Remains Constrained
The International Air Transport Association (IATA) released September 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that capacity constraints persist. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to September […]
Air Cargo Up 7.7% in August Versus Pre-COVID Levels; Capacity Lagging Demand
The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to August 2019 […]
Eastern Airlines Launches Eastern Air Cargo
Eastern Airlines, the affordable airline featuring non-stop international passenger routes, today announced that it is expanding into the cargo market. Eastern has secured the acquisition of 35 B777 aircraft as feedstock for the first-ever P2F (Passenger to Freighter) conversion of the B777 aircraft into a true, Class-E cargo aircraft. The Eastern B777 Express Freighter is […]
Strong Cargo Demand Continues in July
The International Air Transport Association (IATA) released July 2021 data for global air cargo markets showing that demand continued its strong growth trend. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to June 2019 which followed a normal demand […]
Air cargo sector aids Haiti earthquake relief efforts
FedEx and charter broker Air Charter Service have helped move aid into Haiti following the devastating earthquake. The 7.2 magnitude earthquake struck on August 11 leaving more than 2,000 dead, 12,000 injured and destroying more than 52,000 homes. As part of relief efforts, FedEx last week transported 79 tons of critical medical supplies for Direct […]
UNCTAD, IATA Extend Partnership to Facilitate Global Trade
The International Air Transport Association (IATA) and UNCTAD have extended their collaboration to facilitate international trade, particularly e-commerce. The extended partnership will enrich their history of working together. This includes the successful integration of air cargo messaging standards (Cargo-XML) into UNCTAD’s automated customs management system, ASYCUDAWorld. For the 100 counties choosing to deploy the latest […]
