August airfreight demand data reveals more of the same

Airports and carriers almost unanimously reported lackluster August 2019 cargo traffic. This was no surprise given market performance over the past quarter, as air freight demand responds to slowing global trade. Indeed, FedEx cited lower volumes of German exports to China as a factor in its weaker-than-expected 1QFY20 results. This was echoed by Frankfurt Airport’s results and elsewhere […]

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 […]

Air France-KLM to retire 747 combis by 2021, freighters to remain

Air France-KLM will withdraw from service the remainder of its 747 passenger and combi fleet, comprising five 747-400Ms and five 747-400s, by 2021, the carrier recently announced. No immediate changes, meanwhile, are planned for the group’s six-strong freighter fleet.  A formal retirement schedule for the 747s will ultimately depend on the rate at which the group’s backlog of […]
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