Post Tagged with: "demand"

Worldwide air cargo volume up 5.2% in September

Worldwide air cargo volume up 5.2% in September

November 2, 2016 at 10:48 am 1 comment

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

Strong 3Q Airfreight performance for K+N

Strong 3Q Airfreight performance for K+N

October 18, 2016 at 10:46 am 0 comments

Switzerland-based forwarder and logistics services provider Kuehne + Nagle reported third-quarter net income down 4.8% y-o-y to US$179 million, as Gross Profit (what some forwarders call net revenue) rose 4.8% to $1.68 billion. Operating income (EBIT) for the quarter was down 3.0% to $225 million. For the first three quartersRead More

Air freight demand growth accelerates in September

Air freight demand growth accelerates in September

October 17, 2016 at 9:16 am 3 comments

Many of the world’s major cargo carriers and airports have now reported their September results, and with only one exception the reports show increasing demand (the only carrier whose September results were not better than its year-to-date results was China Southern). Based on these individual reports, we expect that whenRead More

Demand growth continues in August

Demand growth continues in August

October 5, 2016 at 10:39 am 0 comments

The International Air Transport Association released its air freight market analysis for August 2016, showing a 3.9% 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 3.5%. The IATA August result is in line with ourRead More

Cargolux's 14th 747-8F at Boeing's Everett Delivery Center.

Cargolux takes early delivery of its final 747-8F

September 30, 2016 at 10:35 am 0 comments

Yesterday morning, at Boeing’s Everett, WA delivery center, executives from the manufacturer and carrier were on-site to celebrate the arrival of Cargolux’s newest 747-8. It was not really an earth-shaking surprise, given the Luxembourg-based carrier has already taken delivery of thirteen of the type. But this one, #14, is theRead More

Psst, wanna work in China?

Psst, wanna work in China?

September 16, 2016 at 10:45 am 0 comments

Well, if you happen to be a pilot, and type-rated on almost any modern aircraft, it might just be time to freshen up your resume! Chinese airlines are facing chronic flight crew shortages, and although the problem is not unique to China, the scale of the shortage is unparalleled anywhereRead More

Demand growth strengthens in July

Demand growth strengthens in July

September 7, 2016 at 7:57 am 0 comments

The International Air Transport Association released its air freight market analysis for July 2016, showing a 5.0% year-over-year increase in worldwide cargo traffic (in freight tonne kilometers flown) – up from 4.3% in June, and the strongest y-o-y growth since the first quarter of 2015. International cargo traffic, which accountsRead More

Demand growth accelerates in July

Demand growth accelerates in July

August 18, 2016 at 9:51 am 0 comments

Many of the world’s major cargo carriers and airports have now reported their July results, and the news is almost universally good. We say “almost” because two of the big carriers from the Americas – LATAM and Delta Air Lines – continue to report double-digit declines in cargo traffic. Otherwise,Read More