The International Air Transport Association released its air freight market analysis for November 2016, showing a 6.8% year-over-year increase in worldwide cargo traffic (in freight tonne kilometers flown). International cargo traffic, which accounts for 87% of total traffic, was up 8.2%. The IATA November result is down from the 9.2%Read More
Post Tagged with: "demand"
In mid-December, when the world’s major cargo carriers and airports began reporting their November results, the strong gains led us to predict that when IATA and WorldACD published their worldwide data for the month, we would see air freight demand growth of between 7% and 8%. Yesterday, WorldACD reported thatRead More
The International Air Transport Association released its air freight market analysis for October 2016, showing a 9.2% year-over-year increase in worldwide cargo traffic (in freight tonne kilometers flown). International cargo traffic, which accounts for 87% of total traffic, was up 8.2%. The IATA October result is in line with ourRead More
Two weeks ago, when we published our analysis of the October data from some of the early-reporting major players, we predicted that when IATA and WorldACD published their worldwide summaries, growth in air freight demand would be 6% or higher. Today’s report from WorldACD of 6.2% year-over-year growth confirms our prediction. Netherlands-basedRead More
As we have often pointed out in recent posts, growth in demand for air freight has stalled in the Gulf Region, with both Emirates and Etihad reporting low-single-digit year-over-year gains for much of this year. But 4,000 km to the north, Moscow-based carriers AirBridgeCargo Airlines (ABC), and Aeroflot are rackingRead More
According to IATA, cargo traffic flown by carriers based in Europe was up 12.6% year-over-year in September, their biggest gain in many years. This strong performance by European carriers has now been going on for six months. But who is carrying all that cargo? In the past, the answer wouldRead More
According to Netherlands-based WorldACD, worldwide air cargo volume (measured by chargeable weight) in September was up 5.2% y-o-y, the strongest growth in two years. In its analyis, WorldACD said: “The origin Europe contributed most to the positive figures, with a YoY volume increase of 8%. Asia Pacific followed suit withRead More