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
Post Tagged with: "demand"
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
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
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
Many of the world’s major cargo carriers and airports have now reported their December results, and all indicators point to extremely strong growth in air freight demand — likely the strongest in years. A quick look at the chart at right gives the impression that double-digit growth has become the norm. AfterRead More
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
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