Air freight growth continues in June, if more slowly

The International Air Transport Association released its air freight market analysis for June 2014, showing an overall 2.3% year-over-year increase in worldwide cargo traffic. The growth came from a 2.9% increase in international traffic, while domestic traffic in fact fell 1.3%. For the first half of 2014, total traffic was up 4.1%. The rate of […]
  • David Harris
  • August 5, 2014

A milestone month for the air freight industry

According to data released by WorldACD, cargo volume worldwide was up 4.8% y-o-y, maintaining the trend of solid growth seen so far this year (top chart, below). But that was expected, and, while gratifying, is not particularly exciting. The real news in the WorldACD report is that June was the first month in two-and-one-half years […]
  • David Harris
  • August 1, 2014

June cargo boost for HKIA

June was another month of strong growth in air freight volume at Hong Kong International Airport. Hong Kong has long been a bellwether for the air freight industry, and after two years of lackluster results at HKIA (reflected in the results of the industry as a whole), 2014 is looking very good. At the halfway point in […]
  • David Harris
  • July 23, 2014

Europe’s big three carriers miss out on June cargo

Airlines in Asia, the Middle East, and North America are mostly reporting solid year-over-year increases in cargo traffic in June. Likewise, handlers at Asia’s big cargo airports are reporting strong volume growth, as are some of the European airports that have so far reported. But Air France-KLM, Lufthansa, and IAG all saw their cargo traffic decline. […]
  • David Harris
  • July 18, 2014

Cargo growth continues in Asia

Yesterday we reported strong cargo growth at Etihad Airways and American Airlines. Today, two of Asia’s biggest cargo handlers also reported exceptionally strong growth in June and for the first half of 2014. So, while the big European carriers appear to be struggling, it is beginning to look as though worldwide cargo traffic will continue […]
  • David Harris
  • July 9, 2014