Air freight unaffected by trade war in October first look

October looks to be a difficult month for year-over-year air cargo traffic comparisons among the world’s major airports and carriers. A handful of outliers such as Turkish Airlines, China Southern Airlines, and Incheon Airport aside, most carriers and airports reporting traffic results for October noted declines, while those that did not decline were mostly flat […]

More mixed results in September traffic first look

When many of the world’s major airports and carriers released August performance metrics, the air freight industry seemed to be rebounding from the slowdown in cargo earlier this year. Now that September results are in from some of the world’s big carriers, handlers, and airports, however, August’s rebound seems tentative at best, as operators are […]

Cargo traffic bounces back in August first look

August results are in from some of the world’s big carriers, handlers, and airports, and after lackluster June and mixed July results, cargo growth looks to have rebounded during, particularly out of Asia. However, while more of the major carriers reported year-over-year growth during August compared to the past couple of months, growth rates are […]

Air China Cargo and China Southern Cargo to merge?

As the Chinese Government moves to pare down its outlays on state-owned behemoths, it has been widely reported that the cargo and logistics operations of Beijing-based Air China and Guangzhou-based China Southern will be divested and merged into a single entity. Sources quoted in Bloomberg have even identified potential investors for the new company, which […]

Will yuan devaluation help or hurt air freight?

China today devalued its currency by 1.9% against the US dollar, the biggest drop since the country aligned its market and official rates. The People’s Bank of China said “Since China’s trade in goods continues to post relatively large surpluses, the yuan’s real effective exchange rate is still relatively strong versus various global currencies, and […]
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