Traffic

2017 is off to a great start, but now is not the time for complacency

2017 is off to a great start, but now is not the time for complacency

March 19, 2017 at 8:49 pm 0 comments

One month ago, we cautioned that, while the January results from some of the world’s major cargo carriers and airports looked good, it wouldn’t be until the combined January/February results were available – eliminating the impact of the timing of the Chinese New Year holiday – that we would beRead More

One of Korean Air's first 777Fs. Photo: Alex Kwanten

South Korean air cargo traffic 7.5% higher in 2016

March 14, 2017 at 9:43 pm 0 comments

South Korean air cargo traffic 7.5% higher in 2016, compared to 2015, as total tonnage reached 3.78 million tonnes. The country’s two big carriers, Korean Air and Asiana, both operate significant freighter fleets. Korean Air accelerated its freighter fleet renewal efforts in 2016. In the last twelve months, Korean hasRead More

Bombardier delivered its first Q400 combi to Japan's Ryukyu Air Commuter.

Japanese air cargo market growth to continue, albeit more slowly

March 14, 2017 at 3:36 am 0 comments

Nittsu Research Institute and Consulting Inc, the consulting affiliate of freight forwarder Nippon Express, forecasts Japan’s air freight market to continue an upward trajectory through fiscal 2017, after a 6.7% drop in fiscal 2015 and a steady rebound in 2016. Following a rough patch in 2015, air cargo volumes roseRead More

Cargo growth stalls in the UAE

Cargo growth stalls in the UAE

March 14, 2017 at 2:10 am 0 comments

Abu Dhabi-based Etihad Airways reported 2016 cargo volume unchanged from 2015 at 593,000 tonnes. This is in stark contrast to the incredible growth Etihad has reported in previous years, but right in line with what is happening in neighboring Dubai, where Emirates is reporting a similar halt to growth. InRead More

January gains come with an asterisk

January gains come with an asterisk

March 6, 2017 at 10:31 am 0 comments

Two weeks ago, we looked at the January data available from some of the world’s major cargo carriers and airports. At that time we predicted that once all results were in, it was likely that worldwide air cargo demand for the month would show a modest year-over-year increase. But weRead More

Expeditors handles record volumes in 4Q16, as margins take a hit

Expeditors handles record volumes in 4Q16, as margins take a hit

February 22, 2017 at 10:21 am 0 comments

US-based forwarder and logistics services provider Expeditors  International of Washington, Inc., transported significantly more air and ocean freight during 4Q16, compared to 4Q15, with volumes for both up 12% y-o-y. Despite higher volumes, net income was down 3.4% y-o-y, to $111 million. The larger volumes elevated net revenues, which roseRead More

Air France-KLM cargo traffic improving, will profitability follow?

Air France-KLM cargo traffic improving, will profitability follow?

February 21, 2017 at 10:41 am 0 comments

With the publication of its 2016 year-end results, Air France-KLM once again posted a full-year operating loss of €244 million, slightly narrower (by €1 million) than its 2015 full-year result. Cargo traffic meanwhile, has not yet returned to growth, but the situation is improving more rapidly. Group cargo traffic wasRead More

Modest demand growth in January, but what does it signify?

Modest demand growth in January, but what does it signify?

February 15, 2017 at 10:15 am 0 comments

The Champagne bottles we uncorked last month to celebrate the growth of demand for air freight in 2016 are long since empty, and it is time for a sober look at whether that demand growth – which peaked at 10% in December – has carried into the new year. But,Read More