First look at April

Already well into the second quarter of 2016, uncertainties remain for how airfreight demand will develop in 2016. Figures from April are perhaps the most anticipated this year for two reasons. First, the data is well-distanced from the January-February annual disruptions caused by the Lunar New Year celebration which often softens demand during one of […]

European cargo on the upswing?

The big three Western European carriers have all reported their January cargo results, and all three show improving performance. However, before you break out the Champagne, remember that neither January nor February data can be considered meaningful on their own. The timing of the Lunar New Year holiday in Asia can cause big shifts in […]

First look at June

As we enter the second half of 2015, the question on most minds in the air freight industry is “What is happening to demand growth?” The year started extremely strongly, but the double-digit year-over-year growth reported by many carriers and airports was driven by the one-time impacts of the port workers slowdown on the US […]

Backward March in Shanghai

Shanghai Pudong International Airport Cargo Terminals Co. Ltd (Pactl), is the biggest cargo handler at Shanghai’s big international airport (PVG). It is almost always the first major player in the air freight industry to report monthly results, and is often seen as a bellwether for the industry as a whole. No one carrier or handler […]

January results are in. But are they meaningful?

The International Air Transport Association released its air freight market analysis for January 2015, showing an overall 3.2% year-over-year increase in worldwide cargo traffic. The growth was driven by a 3.9% increase in international traffic, while domestic traffic was down 0.9%. From this, IATA concludes that “air freight makes a slow start in 2015,” and […]

Pactl and Turkish join the new-record club

To our list of record-breaking November cargo performances we now add Pactl and Turkish Airlines. And not just a record month for these two, but a record year, as both have already surpassed last year’s full-year totals. Shanghai Pudong International Airport Cargo Terminals Co. Ltd (Pactl) handles just under half the cargo moving through PVG. In November, it reported its monthly handle […]

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 […]
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