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Capacity & Demand

The wild card in the air freight game

Two weeks ago, when we analyzed the February results from some of the world’s big cargo carriers, we concluded that, once full worldwide data were available, we would see a fall-off in demand growth from January to February, and that the combined two-month growth would be below the double-digit percentages we saw last year, but […]

Forecasting Air Freight Demand

In 2017, IATA reported global air cargo demand up 9% – the highest growth since 2010, and the third highest since 2000. That growth was about twice the rate of last year’s global trade growth, and nearly three times the rate of growth of global GDP, leaving many wondering where growth is headed moving forward. […]

Air freight rates continue to rise

There are patterns underlying the trends in air freight demand and rates. Even within an overall trend of rising demand, for example, we still expect to see traffic peak during “peak season,” then subside through December, January, and February, rise to a brief mini-peak in the spring, then subside again slightly in the summer until […]

Demand grows in Hong Kong and Singapore

When we published our first look at February cargo demand last week there were still a few of the major players to be heard from – Singapore Airlines, Cathay Pacific Airlines, and Hong Kong International Airport in Asia; and Amsterdam Airport Schiphol in Europe. All four of those laggards have now published their February data, […]

Vietjet Air Cargo in search of 737-400Fs

Since commencing operations in December 2011, Hanoi-based VietJet Air has rapidly expanded its passenger aircraft fleet to fifty-four A320/A321-family aircraft. But the growth doesn’t stop there – the ambitious carrier has outstanding orders for one-hundred 737 MAX 200s and seventy-eight A321s. Of greater interest, however, is that freighters may finally be in the cards for […]

Up-close with Southwest Airlines’ Dallas cargo operations

DALLAS — After this week’s World Cargo Symposium in Dallas, the Cargo Facts team headed to Dallas Love Field (DAL) for our flight back to Seattle. However, our first stop — much to our driver’s confusion — took us not to departures, but to the Southwest Airlines Cargo office. There, cargo customer service manager Tracy Asher demonstrated the […]

A strong cargo performance wasn’t enough to keep Cathay in the black in 2017

Cathay Pacific Airways’ cargo business soared in 2017, but the carrier nonetheless reported a net loss of US$161 million, as  “fundamental structural changes within the airline industry continued to create a challenging operating environment for our airline businesses.” Which is executive-speak for something like “competition in the passenger business was really tough, and our yields […]
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