IATA sees underlying annual cargo growth of 3%

The International Air Transport Association released its air freight market analysis for February 2016, showing a 5.6% year-over-year decrease in worldwide cargo traffic (in freight tonne kilometers flown). International cargo traffic, which accounts for 87% of total traffic, was down 6.4%. As we pointed out when we analyzed February results from some of the world’s […]

Worldwide air freight demand down 3.8% in February – WorldACD

Yesterday we predicted that when IATA published its analysis of worldwide air cargo traffic for February, it would show a decline, but not as severe as the 6.2% drop reported by the Association of Asia Pacific Airlines.  Well, IATA hasn’t reported February results yet, but WorldACD has, and it looks like our guess was on target, […]

Air freight dives in Asia – should we panic?

The Association of Asia Pacific Airlines (AAPA) published February international traffic results, and while passengers continue to board airplanes in droves, for cargo the news is bleak. As we regularly point out, neither January nor February data are meaningful on their own, as year-over-year comparisons are skewed by the timing of the Lunar New Year […]

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 […]