After a very poor start in 2016, air freight demand began growing in the second half, and a strong peak season brought the full-year increase in cargo traffic to 3.2% above 2015 level. Still, 2017 began with everyone nervous about the possibility that, after the strong peak, demand growth wouldRead More
Post Tagged with: "Turkish"
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
Yesterday, IATA published its summary of worldwide airfreight demand growth in September. That growth was minimal, with cargo traffic up just 1.0% year-over-year, very much in line with underlying growth since the beginning of the 2015. If there was anything in the report to generate optimism for the rest ofRead More
Recent headlines have been full of “the death of freighters,” with the diminishing fleet of Air France-KLM and the eliminated fleet of IAG pointed out as examples of how the big cargo players are exiting the main-deck freight business. So, belly cargo is the future, right? Not so fast! LastRead More
Moscow-based AirBridgeCargo, the scheduled-service subsidiary of Volga-Dnepr Group, reported 2014 cargo volume up 17.6% over 2013 to 401,000 tonnes. While volume growth in prior years was not as high as the 17.6% seen in 2014, AirBridge nonetheless has achieved compound annual volume growth of 11% over the past five yearsRead More