Chinese carriers to need more freighter conversions than initially forecasted

Boeing has released an updated version of its Current Market Outlook, which provides a more nuanced look at its expectations for the freighter market over the next twenty years, compared to the CMO released at this year’s Paris Air Show. The updated report is more upbeat regarding the Asia Pacific region’s projected demand for freighter […]
  • Charles Kauffman
  • September 8, 2017

The good times keep rolling in July

Two weeks ago, when we analyzed the just-published July results from some of the world’s big carriers and airports, we predicted that when IATA and WorldACD published their detailed analyses of cargo traffic worldwide at the beginning of September, we would see air freight demand growth in July of 11% or 12%, year-over-year. We are still […]
  • David Harris
  • September 1, 2017

Cargo growth disappears in the Middle East

Abu Dhabi-based Etihad Airways reported 2016 cargo volume unchanged from 2015 at 593,000 tonnes. This is in stark contrast to the incredible growth Etihad has reported in previous years, but right in line with what is happening in neighboring Dubai, where Emirates is reporting a similar halt to growth. In the five years from 2009 […]
  • David Harris
  • February 9, 2017

Middle East, Asian Airports lead 2014 growth

According to Airports Council International, total cargo handled (loaded and unloaded freight and mail) by the 1,095 airports that have so far reported their full-year 2014 results was up 4.5% over 2012 to 100.5 million tonnes. International freight handled was up 5.4% to 61.8 million tonnes, accounting for 61.5% of the total volume. As shown […]
  • David Harris
  • April 9, 2015

Asian carriers drive strong worldwide air cargo gains

The International Air Transport Association released its air freight market analysis for February 2015, showing an overall 11.7% year-over-year increase in worldwide cargo traffic. The growth was driven by a 22.0% increase in international traffic reported by carriers from the Asia-Pacific region, which underpinned an overall 12.7% growth in international traffic worldwide. Domestic traffic in […]
  • David Harris
  • April 1, 2015