Data news – Page 43
-
NewsIAG reports double-digit cargo revenue decline despite demand increase
IAG recorded a double-digit percentage decline in cargo revenues during the second quarter of the year despite an increase in demand during the period.The British Airways, Iberia and Aer Lingus owner this morning announced second-quarter cargo revenues of €241m compared with €274m during the same period last year, representing a ...
-
NewsAir France KLM Cargo remains in the red
Air France KLM’s cargo business remained in the red during the first half of the year but the phasing out of freighters has helped improve performance compared with a year earlier.The Franco-Dutch airline group’s first-half figures for the cargo business show an operating loss of €116m against a loss of ...
-
News
Singapore Airlines Cargo most on-time Cargo iQ airline in June
Singapore Airlines Cargo was the most reliable Cargo iQ member airline in June with an on-time availability rate of 96%.The latest monthly statistics from Cargo iQ revealed that in June its members achieved an average on-time airport-to-airport rate of 80%, based on notification of freight and data availability at destination.This ...
-
NewsSluggish May for airfreight says ACI
Global trade growth remained sluggish in May and the air cargo load factor continued to “exhibit weakness” according to the latest Asia-Pacific cargo hub statistics from Airports Council International (ACI).Asia-Pacific members of ACI reported a marginal increase in total airfreight of 1.4% in May 2016 whereas the Middle East reported ...
-
NewsAirfreight volumes on the up for K+N
Logistics services giant Kuehne+Nagel (K+N) has reported its half-year results for the six-month period ending 30 June.The Switzerland-headquartered company said that while net turnover fell year on year from CHF8,225m ($8,366m) to CHF8,147m ($8,287m), gross profit rose by 8% compared to the first half of 2015, improving from CHF3,018m ($3,070m)to ...
-
NewsTop 25 air cargo carriers 2015: FedEx maintains top spot
FedEx has once again topped the list of the world’s busiest air cargo carriers in 2015, with the top 25 seeing demand increase ahead of the overall market, fuelled by Middle Eastern and all-cargo airlines.The annual IATA World Air Transport Statistics (WATS) report revealed that FedEx managed to maintain its ...
-
NewsFreight traffic at European airports up 2.8% in May
European airports continued to see improvements in freight traffic in May, but demand improvements did slow from the April level.Airports Council International (ACI) Europe figures show that airfreight demand at European airports increased by 2.8% year on year in May.This compares with the April increase of 5.5% as the region ...
-
NewsIATA confirms slowdown in air cargo demand growth in May
Airfreight demand growth slowed in May after showing signs of improvement in April.The latest IATA figures show a 0.9% year on year increase in freight tonne km demand in May. This follows a 3.2% improvement in April.However, at the time the April figures were announced, IATA warned prospects looked bleak, ...
-
NewsTop 25 air forwarders 2015: DHL leads the way but rivals close the gap
DHL maintained its position as the world’s leading airfreight forwarder in 2015 despite rivals closing the gap, while the top 25 forwarders saw air volumes climb by 2.2% on 2014 levels.The latest top 25 Global Freight Forwarders List from consultant Armstrong & Associates showed that European forwarders once again took ...
-
NewsAsian cargo monthly: Airfreight demand weakens in May
May turned out to be a difficult month for Asian airlines that, like their European and North American counterparts, saw demand weaken after improvements in April.The largest Asian cargo airline group, Cathay Pacific, air saw cargo demand decline by 4.6% year on year in May to 833m cargo and mail ...
-
News
Airfreight prices slide after two months of gains
Airfreight prices dipped again in May, wiping out the gains made over the previous two months.Consultant Drewry’s East-West Airfreight Price Index for May shows that airfreight prices declined to $2.57 per kg compared with $2.61 per kg in April.The decline sees prices return to the lowest level since the consultant ...
-
News
ACI Asia Pacific reports mixed fortunes for freight in April
Airports Council International Asia Pacific has reported that airfreight traffic through its gateways in the Asia-Pacific region was “largely stagnant in April”.There was a marginal increase of just 1.3% year on year in the Asia-Pacific region, although cargo growth through the trade body’s Middle Eastern gateways rose by 4.9% over ...
-
NewsEuropean cargo monthly: Airlines brought back to earth as freight demand weakens
European airlines were brought back down to earth in May with cargo demand decreases registered at both Lufthansa and Air France KLM.The decreases registered at Air France KLM and Lufthansa in May come after all four airlines in the Air Cargo News monthly review, the others being the IAG Group ...
-
NewsAmericas cargo monthly: Mixed May for US carriers
The big three US carriers’ cargo performance continued to diverge in May, with United and American recording demand increases while Delta saw demand slide.In its monthly operational update, the largest of the three carriers, United, registered a demand increase of 7.9% year on year to 228m cargo ton miles (CTM).It ...
-
News
European airports see monthly cargo growth reach two year high
European airports saw monthly freight traffic increase by a two-year high in April, outstripping even passenger demand growth.The latest figures from Airports Council International (ACI) show that European airports saw freight traffic increase by 5.5% year on year in April while passenger traffic growth slowed to 3.7%.ACI said the lower ...
-
NewsAsian carriers monthly: demand grows in April but yields under pressure
Asian air cargo carriers benefitted from better than expected demand in April but yields remained under pressure.The latest figures from Asian air cargo carriers show that the majority monitored in Air Cargo News’ monthly summary recorded an improvement compared with the rest of the year.This is partly down to the ...
-
News
Air cargo demand pick up down to extra weekend and Easter changes
The improvement in air cargo demand experienced in April was down to an extra weekend falling in the month and an earlier Easter holiday.Analyst WorldACD said that the 2.5% year on year improvement in air cargo demand in demand in April appeared to give cause for a little optimism.However, it ...
-
NewsAirfreight demand picks up but prospects look bleak
Air cargo demand picked up in April but IATA is downbeat in its expectations for the months ahead.The latest figures from the airline organisation show a 3.2% year-on-year improvement in air cargo demand in April led by growth in the Middle East and Latin America, with increases of 7.7% and ...
-
News
Analyst sees ray of hope in air cargo gloom
Analyst World ACD sees glimmers of hope in world air cargo figures for March 2016.Although year-on-year volumes overall dropped by 0.9% worldwide, flows from Asia Pacific to Europe and the Middle East & South Asia (MESA) showed growth of 19% and 12% respectively, holding out some hope of a change ...
-
NewsAmerican cargo carriers monthly: Air cargo declines across the board in March
March was another tough month for the leading America-based combination carriers as all three recorded declines in air cargo demand, while the Latam Group continued to suffer from the weak economic performance of major South American countries.The largest decline registered amongst the three US airlines came from Delta Air Lines, ...