All articles by Air Cargo News (Admin) – Page 426
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AEA: European freight up 2% in 2014
Association of European Airlines (AEA) members saw 2014 freight traffic grow in excess of two per cent, measured in FTKs, according to initial estimates.“Although an improvement on 2013, which saw a growth of just +1.9%, freight growth to/from Europe transported by AEA members remains subdued” said the association.Participating AEA airlines ...
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Asia and Middle East lead November air cargo surge
Asia-Pacific and Middle East carriers led the November surge in global air cargo demand, amid hopes that the momentum will continue into 2015 as international trade improves.Latest market data from the International Air Transport Association (IATA) saw November 2014 demand, measured in freight tonne km (FTK), grow 4.2 per cent ...
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Asia air cargo accelerates
There is further evidence that Asian carriers are leading the parade for increased cargo volumes.Preliminary traffic figures for November released by the Association of Asia Pacific Airlines (AAPA) show that accelerating international air freight demand was driven by strong growth in electronic goods.In freight tonne km (FTK) terms, air cargo ...
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Customs tips for the unwary shipper
Customs regulations can be a minefield for the unwary shipper, be it edible insects in Europe, chewing gum in Singapore and rubber gloves in the US.So parcels giant FedEx has come up with eight “surprising” Customs rules for small businesses setting out to conquer the world of exports.It was compiled ...
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IATA to survey shippers
IATA is to undertake a global shipper survey, its first for four years, to help it learn more ahead of the World Cargo Symposium in Shanghai during March about customers’ increasingly sophisticated requirements.In a presentation at IATA’s Geneva headquarters in December, Glyn Hughes, the association’s new global head of cargo, ...
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Volumes to rise but yields droop, says IATA
Airfreight volumes are set to continue the growth seen in recent months, but yields will be weak, says the International Air Transport Association in its latest survey.The Airline Business Confidence Index published in January reported accelerated growth volumes in the fourth quarter of 2014 compared with Q3, “which is consistent ...
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Drewry: East-West airfreight rates in retreat
Air freight rates retreated from their November high as peak season demand receded.Drewry’s East-West Air Freight Price Index fell 12.6 points in December to 108.2 points, bringing the index down closer to seasonal norms.This brought to an end six consecutive months of rising pricing in which the index had gained ...
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December's dollar yields dip
Air freight volumes continued to rise in December but exchange rate and fuel surcharge fluctuations saw a 2014 end of year fall in dollar-based yields, according to research house WorldACD.December’s healthy year-over-year (YoY) volume growth continued 2014's trend, as chargeable weight increased 6.7 per cent, said the Netherlands-based analyst which ...
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Airfreight growth fails to match capacity
Airfreight volume sustained recent gains in the November to January period but load factors fell in December, thanks to a surge in capacity, said the latest International Air Transport Association Airlines Financial Monitor.IATA said that airfreight volumes continued strong, despite a small contraction in December compared with November, and the ...
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Happy new year in Asia Pacific
International cargo tonne-km rose seven per cent in January 2015 compared with the same month last year, said the Association of Asia Pacific Airlines (AAPA) in its latest preliminary traffic figures.Business was boosted by increased import-export activity in the run-up to the Chinese Lunar New Year, said AAPA.The association noted ...
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ICAO sees cargo improvements
WORLD scheduled airline passenger traffic grew by 5.5 per cent last year, reaching 5.8 trillion passenger-kilometres performed (PKP) – and is expected to increase by six, 6.3 and 6.5 per cent in the years 2014, 2015 and 2016, respectively, according to figures collected by the International Civil Aviation Organisation (ICAO).The ...
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United launches CarbonChoice for cargo
United Airlines has launched CarbonChoice, allowing corporate cargo customers to track and offset the emissions associated with their air freight.Cargo customers with large-scale, regular shipments on United can receive customised emissions reports, with options to offset their company's carbon footprint through the US airline's partner, Sustainable Travel International.Jan Krems, United's ...
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Brussels approves Leipzig/Halle funding
Brussels regulators have approved the finance used to fund cargo infrastructure expansion at Leipzig/Halle airport, Germany’s second largest air freight hub.This is the first decision under new European Commission guidelines authorising aid for airports specialising in freight.A two-year in-depth investigation by the commission found that shareholder loans were granted on ...
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10th B747-8F for Cargolux
CARGOLUX is taking delivery of its latest B747-8 freighter from Boeing.The aircraft, registered LX-VCK and named ‘City of Contern’, is the tenth in a total order of 14.‘The delivery has helped us bring down the average age of our fleet – already one of the youngest in the industry – ...
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dnata wins EU approval in Philippines
UAE-BASED ground handling company dnata’s operation in Manila has secured RA3 cargo certification for its ramp services at Ninoy Aquino International airport.RA3 certification complements the global air cargo industry’s drive to meet the European Union’s ACC3 – air cargo or mail carrier operating into the Union from a third country ...
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Asia Pacific cargo uptick
Asia Pacific traffic figures for June show continued expansion of both international passenger and air freight markets.Preliminary figures from the Association of Asia Pacific Airlines (AAPA) saw demand for air freight helped by “positive consumer and business sentiment in major developed economies”.Overall, air freight demand in freight tonne kilometre (FTK) ...
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Airlines optimistic on cargo volumes
The majority of airline cargo bosses expect volumes to expand over the year ahead.The latest IATA confidence index survey found that the results for cargo were “positive” and reflect “important developments in the demand environment”.Respondents among the heads of cargo reported growth in air freight volumes over recent months, which ...
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Aeroflot's cargo business slumps
THE decision by Russian airline Aeroflot to scrap its dedicated freighters business last year is the reason for a 36 per cent year-on-year slump in its cargo business in 2014.“Switching to belly cargo operations in 2013 is the main reason that cargo and mail carried decreased 36.0 per cent year-on-year ...
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Record June for ACS
BROKER Air Charter Service (ACS) enjoyed the busiest month in the company’s history in June, completing more than 800 contracts.“It’s an astounding figure,” says chief executive Justin Bowman, as the company chartered more flights in June than it did in the whole of 2003.“Some charter contracts consist of more than ...
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Heathrow's half year cargo boost
Cargo volume at London Heathrow increased 4.1 per cent to 726,469 tonnes in the first six months of 2014, with “notable increases” on routes serving China, Japan, Brazil and the US.Airport management at the UK’s largest hub said that 35.1 million passengers travelled through Heathrow in half year, a 1.9% ...