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 […]

A strong cargo performance wasn’t enough to keep Cathay in the black in 2017

Cathay Pacific Airways’ cargo business soared in 2017, but the carrier nonetheless reported a net loss of US$161 million, as  “fundamental structural changes within the airline industry continued to create a challenging operating environment for our airline businesses.” Which is executive-speak for something like “competition in the passenger business was really tough, and our yields […]

September first look: annual comparisons still looking strong

Monthly annual comparisons for air cargo demand have been kind in 2017, with y-o-y demand growth nearing or surpassing double-digit figures nearly every month of this year. Based on historical demand growth, Cargo Facts expected that y-o-y monthly comparisons for September 2017 might reveal the beginning of a gradual decline to lower growth, but with […]

Recovery on the horizon at Lufthansa?

After two quarters of falling traffic demand, and a €46 million first half operating loss, more bad news from Lufthansa’s cargo unit would not have been surprising, but July traffic figures are encouraging. As shown in the chart, Lufthansa’s Group cargo traffic was up 1.6% y-o-y — not a huge gain, but a great deal better than what […]

Cargo traffic suffers in February

With February results now in from many of the world’s major carriers and airports, we ought to have a clearer picture of the start to 2016, with the impact of the timing of the Chinese New Year holiday eliminated by treating January and February as a single month. However, the picture this year is also […]

September cargo – what we know so far

It will be another week or so before enough data are available to give us a real idea of cargo traffic in September, but the reports so far published do not give grounds for much optimism. We will publish a detailed analysis of September data next week, but here are some early results, by region. […]

First reports do not bode well for July

As the months of the second quarter of 2015 rolled by, it became clear that the growth in airfreight demand seen in the last half of 2014 had not continued – that despite the one-time bump from modal shift in the first quarter of this year, underlying demand growth in 2015 was in the very low […]

Asian carriers do well in April

Last month we said that while the first-quarter cargo results from the major carriers and airports were generally good, the impact of the US West Coast port labor dispute and the huge automobile recall in the US were still having an impact, and that we would have to wait for April to get a feel […]
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