July 2019 airfreight demand: summer slump persists

As airports and carriers begin to report their July 2019 cargo traffic results, airfreight demand – unsurprisingly – continues to respond negatively to increasing trade friction on the trans-Pacific trade lane, and elsewhere. Carriers from all regions almost unanimously reported moderate year-over-year declines. There is little change from June 2019, for which IATA reported a […]

Steep declines follow May uptick in June first look

As airports and carriers begin to report June 2019 cargo results, the picture of generally sluggish demand remains unchanged from the previous months. Despite the return to growth of a few Asia Pacific-based carriers during May 2019, almost unanimously, carriers and airports based in the region reported lower traffic in June 2019 compared to the […]

Eastern Air Logistics hints at more 777Fs for China Cargo Airlines

Eastern Air Logistics (EAL) plans to expand the fleet of its subsidiary China Cargo Airlines with more 777Fs, according to the prospectus the company filed for an initial public offering (IPO). EAL also intends to buy more spare engines for its 777Fs. In a sign of confidence in the 777 platform, EAL said that, given […]

China Southern to add two 777Fs, a sign combination carriers are hungry for freighters?

After a four-year period during which Guangzhou-based China Southern Airlines’ twelve-unit 777F freighter fleet remained stable, growth has returned. China Southern converted an existing order with Boeing for the purchase of two 777-300ERs to the 777F freighter variant, the company announced in a notice that appeared on the Shanghai Stock Exchange today. Both aircraft will […]

Cargo traffic declined in January

Almost unanimously carriers headquartered in Asia, Europe, and the Americas have begun reporting lower year-over-year cargo traffic for the month of January 2019. As can be seen from the chart at right, of the six major Asia-based carriers that have reported January traffic figures, all but one – China Airlines – have reported year-over-year declines […]

Air freight traffic disappoints in December first look

The disappointing November results revealed in last month’s first look were apparently a preview for an overall diminished peak season for air freight, as volumes and traffic declined across all regions. Many of the same culprits behind November’s year-over-year decline – notably an increasingly uncertain global trade environment, faltering economic performance across multiple economies, and […]

Cargo growth continues in May results

May data arriving from the world’s big cargo carriers, airports, and handlers show that, with a couple of exceptions, growth in airfreight traffic has remained surprisingly strong despite increasingly tough year-over-year comparisons. While a couple of European outfits (Frankfurt Airport and Air France-KLM, in particular) posted y-o-y declines for the month, Asian operators that have […]
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