Demand flattens and yields soar in March… Or maybe not

Two weeks ago, when we looked at the March air freight data from some of the early-reporting major carriers, airports, and handlers, it was clear that, for most of the world, demand growth had dwindled to almost nothing. The exception was three big carriers from the Americas – United, Delta, and LATAM – all of […]
  • David Harris
  • May 2, 2018

Good news for PVG

For much of the last two years, Shanghai Pudong International Airport (PVG) has been forbidden by the Civil Aviation Administration of China (CAAC) from accepting applications by airlines for either charter flights or new scheduled routes. The restriction is put in place for any Chinese airport that fails to meet the CAAC’s on-time service standards, […]
  • David Harris
  • April 30, 2018

E-commerce & express drive airport cargo growth

In Europe, the gulf between express and general cargo continues to widen. Cargo volume growth at Europe’s major cargo airports was less than stellar in the first quarter of 2018, with March being particularly weak. To some extent, this reflects the lackluster performance of the major cargo airlines with hubs at these airports: Lufthansa reported […]
  • David Harris
  • April 23, 2018

Demand growth falls in March

March data from some of the world’s big cargo carriers, airports, and handlers paint a mixed picture. On the whole, it seems safe to say that the rate of growth in air freight demand is dropping back to earth from the double-digit percentages we saw over the last sixteen months, but this comes with two […]
  • David Harris
  • April 16, 2018

Top 20 cargo airports in 2017

According to preliminary data from the Airports Council International, total cargo handled (loaded and unloaded freight and mail) by airports worldwide in 2017 was up 7.9% over 2016 to about 118 million tonnes. International freight handled was up 9.9% to about 73 million tonnes, accounting for 62% of the total volume. Looking at the total […]
  • David Harris
  • April 9, 2018

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 […]
  • David Harris
  • April 4, 2018

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. […]
  • Charles Kauffman
  • March 30, 2018

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, […]
  • David Harris
  • March 20, 2018
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