Air Cargo Bottlenecks Could Put Lives at Risk- Urgent Government Action Required
The International Air Transport Association (IATA) and its members renewed their call to governments to take urgent measures to ensure that vital air cargo supply lines remain open, efficient and effective. “Air cargo is a vital partner in the global fight against COVID-19. But we are still seeing examples of cargo flights filled with life-saving […]
Air Cargo Demand Down 3.3% in January 2020
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo tonne kilometers (*CTKs), decreased by 3.3% in January 2020, compared to the same period in 2019. ”January marked the tenth consecutive month of year-on-year declines in cargo volumes. The air cargo industry started the year on […]
Airlines and Posts Cooperate Globally for a Sustainable and Reliable Cross-border Airmail Network
The International Air Transport Association (IATA) and the International Post Corporation (IPC) have today signed a Memorandum of Understanding (MoU) to reinforce cooperation between the two organizations. The aim for both IATA and IPC is to promote the development and expansion of safe, secure, accessible and high-quality airmail and air cargo services to help their […]
Amazon to invest in Canadian freighter operator Cargojet
E-commerce giant Amazon will invest in a third freighter operator as it takes a stake in Canada’s Cargojet. The two have been working together over recent years with Cargojet providing overnight air cargo services and charter flights. Under the new strategic agreement, Cargojet will issue warrants to Amazon to purchase variable voting shares that will […]
Emirates SkyCargo looks to diversification and digitisation
Product diversification, digitisation of the air cargo supply chain and an ambition to build an e-commerce hub in the Middle East are just three of the projects under way at Emirates SkyCargo. The Dubai-based airfreight giant will also monitor demand for its freighter capacity in these turbulent times for the world economy, but the carrier […]
May Air Freight Volumes Remain Weak: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% in May 2019, compared to the same period in 2018. This was a slight improvement on the 5.6% contraction in April. In seasonally-adjusted terms, the level of FTKs increased modestly […]
Alaska Airlines’ air cargo unit grows with the airline
For Jason Berry, Managing Director of Alaska Air Cargo (a division of Alaska Airlines), it’s that time of year when things get a little fishy. The opening of the Copper River salmon fishing season was last week, and early Friday morning, Alaska Air Cargo brought 18,000 pounds of the prized delicacy to Seattle-Tacoma International Airport […]
Houston and Cabo Frio airports team-up to target energy sector
Houston Airport System and Cabo Frio Airport are teaming up to target air cargo flows between two of the largest oil, gas and energy clusters in the Americas. The two airport groups said the co-operation would promote the air cargo traffic between the airports; identify synergies with potential partners, clients, and products; share knowledge and […]
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 […]
