October demand growth strongest in years

The International Air Transport Association released its air freight market analysis for October 2016, showing a 9.2% year-over-year increase in worldwide cargo traffic (in freight tonne kilometers flown). International cargo traffic, which accounts for 87% of total traffic, was up 8.2%. The IATA October result is in line with our prediction three weeks ago that […]
  • David Harris
  • December 8, 2016

Strong demand growth in October, and an even stronger peak

Two weeks ago, when we published our analysis of the October data from some of the early-reporting major players, we predicted that when IATA and WorldACD published their worldwide summaries, growth in air freight demand would be 6% or higher. Today’s report from WorldACD of 6.2% year-over-year growth confirms our prediction. Netherlands-based WorldACD measures air freight demand […]
  • David Harris
  • December 2, 2016

Momentum continues in October

October results are in for many of the world’s major cargo carriers and airports and they are, for the most part, excellent. Among Europe’s “big three”, only Air France-KLM reported negative growth. Even so, the 3.5% drop in cargo traffic reported by Air France-KLM was a vast improvement over previous months. A similar situation exists […]
  • Charles Kauffman
  • November 16, 2016

SkyCargo hits the brakes as other carriers go full-throttle

SkyCargo, the cargo arm of Dubai-based Emirates, reported cargo volume flat y-o-y, at 1.3 million tonnes in the first half (ended 30 September) of its current fiscal year. Volume was not the only disappointment for the carrier, with net profit in the half down 75% to US$214 million, as revenue fell 1% to $11.4 billion. […]
  • Charles Kauffman
  • November 14, 2016