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

Demand growth strengthens in July

The International Air Transport Association released its air freight market analysis for July 2016, showing a 5.0% year-over-year increase in worldwide cargo traffic (in freight tonne kilometers flown) – up from 4.3% in June, and the strongest y-o-y growth since the first quarter of 2015. International cargo traffic, which accounts for 87% of total traffic, […]
  • David Harris
  • September 7, 2016

Demand growth accelerates in July

Many of the world’s major cargo carriers and airports have now reported their July results, and the news is almost universally good. We say “almost” because two of the big carriers from the Americas – LATAM and Delta Air Lines – continue to report double-digit declines in cargo traffic. Otherwise, wherever you look, you will […]
  • David Harris
  • August 18, 2016

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 […]
  • Charles Kauffman
  • August 12, 2016