Lufthansa Cargo leads transformation course of airfreight industry
Air freight is one of the most important forms of goods transport worldwide. It offers the possibility of transporting time-critical goods such as aid supplies, sensitive goods such as medicines, or valuable goods such as works of art to their destination safely and without interrupting the transport chain. Sustainable developments are driving the future of […]
Air Cargo Demand Improves in November, Capacity Remains Constrained
The International Air Transport Association (IATA) released data for global air freight markets in November showing that freight volumes improved compared to October, but remain depressed compared to 2019. Capacity remains constrained from the loss of available belly cargo space as passenger aircraft remain parked. Global demand, measured in cargo tonne-kilometers (CTKs*), was 6.6% below […]
Air Cargo Recovery Continues in September
The International Air Transport Association (IATA) released September data for global air freight markets showing that air cargo demand, while strengthening, remains depressed compared to 2019 levels. Global demand, measured in cargo tonne-kilometers (CTKs*), was 8% below previous-year levels in September (-9.9% for international operations). That is an improvement from the 12.1% year-on-year drop recorded […]
Summer traffic review shows international market remains virtually non-existent
New Airports Council International (ACI) World data shows the COVID-19 pandemic continued to have a dramatic impact on global passenger traffic during the ordinarily busy Northern Hemisphere summer peak. Global passenger traffic declined by -75.1% in July and -69.4% in August compared to the corresponding months in 2019. The improvement in passenger traffic volumes from […]
Air Cargo Capacity Crunch: Demand Plummets but Capacity Disappears Even Faster
The International Air Transport Association (IATA) released data for global air freight markets in April showing that demand dropped 27.7% compared to the same period in 2019 – the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft. Global […]
2019 Worst Year for Air Freight Demand Since 2009: IATA
The International Air Transport Association (IATA) released full-year 2019 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell by 3.3% compared to 2018 while capacity (AFTK) rose by 2.1%. This was the first year of declining freight volumes since 2012, and the weakest performance since the global financial […]
Air Freight Demand Down 1.1% in November 2019: 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 1.1% in November 2019, compared to the same period in 2018. This marks the thirteenth consecutive month of year-on-year declines in freight volumes. Despite the decline in demand, November’s performance was […]
Airlines should be braced for tougher conditions: IATA
IATA chief economist Brian Pearce believes the industry should be braced for more difficult conditions over the next 12 months, amid continued market challenges and the heaviest falls in air freight demand since the financial crisis a decade ago. Speaking at the Airlines 2050 event in London on 17 October, Pearce flagged that conditions faced […]
Trade War Impacting Air Freight Demand
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.2% in July 2019, compared to the same period in 2018. This marks the ninth consecutive month of year-on-year decline in freight volumes. Air cargo continues to suffer from weak global […]
Australia Post and Qantas Freight renew agreement to support Ecommerce growth
Australia Post and Qantas have today announced an expanded domestic and international air freight agreement to support the growing demand for parcels. Marking nearly a century of partnership between the two brands, it will benefit online shoppers and businesses across Australia by increasing capacity and providing greater network flexibility to meet customer expectations. The seven-year […]
