Demand growth strengthens in April

When the world’s big cargo carriers, airports, and handlers began reporting their April results, it appeared that while year-over-year growth in demand for air freight would probably be a little higher than the 1.7% IATA reported for March, it would not be by much. But as results continued to come in from some of the […]

Demand growth falls in March

March data from some of the world’s big cargo carriers, airports, and handlers paint a mixed picture. On the whole, it seems safe to say that the rate of growth in air freight demand is dropping back to earth from the double-digit percentages we saw over the last sixteen months, but this comes with two […]

Air freight rates continue to rise

There are patterns underlying the trends in air freight demand and rates. Even within an overall trend of rising demand, for example, we still expect to see traffic peak during “peak season,” then subside through December, January, and February, rise to a brief mini-peak in the spring, then subside again slightly in the summer until […]

Demand grows in Hong Kong and Singapore

When we published our first look at February cargo demand last week there were still a few of the major players to be heard from – Singapore Airlines, Cathay Pacific Airlines, and Hong Kong International Airport in Asia; and Amsterdam Airport Schiphol in Europe. All four of those laggards have now published their February data, […]

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 […]
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