Singapore Airlines

August airfreight demand data reveals more of the same

Airports and carriers almost unanimously reported lackluster August 2019 cargo traffic. This was no surprise given market performance over the past quarter, as air freight demand responds to slowing global trade. Indeed, FedEx cited lower volumes of German exports to China as a factor in its weaker-than-expected 1QFY20 results. This was echoed by Frankfurt Airport’s results and elsewhere […]

July 2019 airfreight demand: summer slump persists

As airports and carriers begin to report their July 2019 cargo traffic results, airfreight demand – unsurprisingly – continues to respond negatively to increasing trade friction on the trans-Pacific trade lane, and elsewhere. Carriers from all regions almost unanimously reported moderate year-over-year declines. There is little change from June 2019, for which IATA reported a […]

Steep declines follow May uptick in June first look

As airports and carriers begin to report June 2019 cargo results, the picture of generally sluggish demand remains unchanged from the previous months. Despite the return to growth of a few Asia Pacific-based carriers during May 2019, almost unanimously, carriers and airports based in the region reported lower traffic in June 2019 compared to the […]

European, Middle Eastern carriers see growth return in May first look

After a particularly weak April for air cargo traffic, carriers based in Europe and the Middle East saw growth return in our first look at May results. Among those carriers based outside Europe and the Middle East, only China Southern Airlines reported a year-over-year increase for May traffic, of 1.1%. Turkish Cargo reported the strongest […]

Cargo traffic falls across the board in April first look

Despite a bounce back from earlier declines that major carriers reported for March, sharper year-over-year traffic slowdowns in April indicate the month was the worst this year for many of the carriers that have reported results so far. Of the carriers tracked by Cargo Facts, only Air France-KLM reported an increase in traffic, of 3.3%, for […]

A handful of carriers see traffic growth return in March

After a dismal February for Asia-Pacific carriers, March cargo traffic results are painting a more positive picture, with China Southern Airlines and Air China, in particular, seeing cargo traffic growth from 2018 levels of at least a few percent. Among those Asian carriers still reporting declines for the month, in all cases, March declines were […]

Asian carrier traffic fell steeply in February

Major carriers based in Asia are reporting steep declines in cargo demand for the month of February, compared to the same month in 2018. Although distortions can be expected when it comes to annual comparisons for the months of January or February due to the timing of the Lunar New Year holiday, this year’s declines […]

Cargo traffic declined in January

Almost unanimously carriers headquartered in Asia, Europe, and the Americas have begun reporting lower year-over-year cargo traffic for the month of January 2019. As can be seen from the chart at right, of the six major Asia-based carriers that have reported January traffic figures, all but one – China Airlines – have reported year-over-year declines […]

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