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 […]
  • David Harris
  • May 30, 2018

Demand flattens and yields soar in March… Or maybe not

Two weeks ago, when we looked at the March air freight data from some of the early-reporting major carriers, airports, and handlers, it was clear that, for most of the world, demand growth had dwindled to almost nothing. The exception was three big carriers from the Americas – United, Delta, and LATAM – all of […]
  • David Harris
  • May 2, 2018

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 […]
  • David Harris
  • April 16, 2018

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 […]
  • David Harris
  • March 29, 2018

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, […]
  • David Harris
  • March 20, 2018

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 […]
  • David Harris
  • March 15, 2018

February results show that 2018 is off to a strong start

As we  pointed out last month, air freight demand growth statistics for January must be treated with considerable skepticism. The variable timing of the Chinese New Year holiday can push traffic that would normally move in January to February, or vice versa. Therefore, it makes sense to wait for the February data before reaching any […]
  • David Harris
  • March 14, 2018

2018 starts with strong demand – what about Chinese New Year?

As we always point out at this time of year, air freight demand growth statistics for January must be treated with considerable skepticism. The variable timing of the Chinese New Year holiday can push traffic that would normally move in January to February, or vice versa. Therefore, it makes sense to wait for the February […]
  • David Harris
  • February 15, 2018

Specialty products drive 2017 volume growth at AirBridge

Russia-based AirBridgeCargo Airlines (ABC), the scheduled-service subsidiary of Volga-Dnepr Group,  reported total tonnage up 13% in 2017 to “more than 700,000 tonnes.” This is well down from the more-than-20% growth the carrier has reported in the last three years, but stronger than the industry average. In terms of cargo traffic (in freight tonne kilometers), AirBridge […]
  • David Harris
  • January 24, 2018

Record-breaking cargo volume in November

Two weeks ago, when we reported the strong air freight data posted by several of the big cargo carriers and airports in November, we predicted that WorldACD and IATA would show worldwide year-over-year air freight demand growth close to double digits for the month. We will have to wait for IATA, but WorldACD published its […]
  • David Harris
  • January 3, 2018
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