2018 starts with strong demand – what about Chinese New Year?

As we always point out at this time of year, air freight demand growth statistics for January must be treated with considerable skepticism. The variable timing of the Chinese New Year holiday can push traffic that would normally move in January to February, or vice versa. Therefore, it makes sense to wait for the February […]
  • David Harris
  • February 15, 2018

December 2017: Strong demand, but slower growth

Although demand for air freight remained strong through November 2017, beginning in September 2017, the year-over-year rate of demand growth began to fall from the double-digit heights achieved in the first eight months of the year as the tougher comparisons of late 2016 began to kick in. This trend continued into December. Early reports from […]
  • Charles Kauffman
  • January 17, 2018

Record-breaking cargo volume in November

Two weeks ago, when we reported the strong air freight data posted by several of the big cargo carriers and airports in November, we predicted that WorldACD and IATA would show worldwide year-over-year air freight demand growth close to double digits for the month. We will have to wait for IATA, but WorldACD published its […]
  • David Harris
  • January 3, 2018

A November to remember

While demand for air freight remained strong in September and October, the year-over-year rate of demand growth began to fall from the double-digit heights achieved in the first eight months of the year as the tougher comparisons of late 2016 began to kick in. But despite the solid demand growth in November 2016, early reports […]
  • David Harris
  • December 19, 2017

Shanghai joins the 4-million-tonne club

Until now, only two cities in the world – Hong Kong and Memphis – could boast that their airports handled more than 4 million tonnes of air cargo per year. But, according to the Shanghai Airport Authority, as of today, 15 December, Shanghai joined the 4-million-tonne club.] Unlike Hong Kong and Memphis, which only have […]
  • David Harris
  • December 15, 2017

Korean Air Cargo reports traffic, yields up significantly in Q317

Incheon-headquartered Korean Air Cargo reported Q317 cargo yields (in US$) up 12.3% y-o-y, on traffic that was 7.5% higher. Capacity rose 4.3% during the same period, pushing load factors up 2.4 points, to 78%. Overall tonnage rose 10%, driven primarily by higher international traffic. Outbound tonnage ex-Korea was up 10%. With increasing cargo revenues, the […]
  • Charles Kauffman
  • November 16, 2017

A first look at October: Strong demand, but slower growth

Updated 16 November to include results from Cathay Pacific, Air China, and Singapore Airlines. Demand for air freight is still extremely strong. Soaring yields and the backlogs building in Asian hubs offer ample testimony to that. We are clearly in the middle of a great peak season, and anyone who didn’t book space long ago […]
  • David Harris
  • November 15, 2017

Will year-over-year gains begin to decline in September?

When we summarized the worldwide air freight data from August, we predicted that, while demand would stay strong through September, the year-over-year percentage increase would probably show a slight decline. Why? Because it was in September 2016 that demand growth began to accelerate, making the year-over-year comparisons tougher. Looking back at 2016, air freight demand […]
  • David Harris
  • October 16, 2017
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