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 […]
IATA: Air Freight in Decline for Eighth Consecutive Month
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 4.8% in June 2019, compared to the same period in 2018. This marks the eighth consecutive month of year-on-year decline in freight volumes. Signs of a modest recovery in recent months […]
Global Passenger Traffic Growth Remains Resilient Despite Economic Slowdown: ACI
Airports Council International (ACI) World reports that global passenger traffic continued to grow in May 2019 while the air freight market fell again. The global passenger market gained +3.1% in May, up from +2.9% in April, with a year-to-date growth figure of +3.6%. International traffic was the major contributor to this growth, but domestic passenger […]
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 […]
Air Cargo Demand Continues Negative 2019 Trend: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in January. Freight capacity, measured in available freight tonne kilometers […]
IATA: Latin American airlines experienced an increase in freight demand growth in March 2019
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), increased 0.1% in March 2019, compared to the same period in 2018. While this is a significant improvement on the 4.9% contraction in February, in seasonally adjusted terms, demand is still down 1.5% […]
Air Freight Demand Continues Downward Trajectory in February 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 4.7% in February 2019, compared to the same period in 2018. This was the fourth consecutive month of negative year-on-year growth and the worst performance in the last three years. Freight capacity, […]
Air Freight Makes Weak Start to 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 1.8% in January 2019, compared to the same period in 2018. This was the worst performance in the last three years. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by […]
