All Data articles – Page 10
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NewsWorldACD: Air cargo demand flat in Q1 as lockdowns take their toll
Air cargo demand was flat in the first quarter of the year as Russia's invasion of Ukraine and lockdowns in China put the breaks on growth.Figures from data provider WorldACD show that chargeable weight transported by air cargo increased by 2% year on year in January and February but then ...
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Capacity drop hits Cathay Pacific throughput in March
Cathay Pacific said its cargo throughput in March dropped nearly 50% compared to 2019 levels due to capacity reductions in response to Covid quarantine requirements.The airline has released its traffic figures for March 2022, reporting that it carried 97,166 tonnes of cargo last month, an increase of 16.6% compared to ...
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NewsHong Kong International returns to the cargo top spot in 2021
Hong Kong International Airport is the busiest cargo airport in the world, according to new data.Airports Council International (ACI) World’s data shows Hong Kong achieved just over 5m metric tonnes of cargo in 2021, up 12.5% since 2020 and up 4.5% since 2019.Memphis International Airport in second place reached 4.5m ...
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NewsIATA: Air cargo up in February but uncertainty looms
Global air cargo demand was up 2.9% in February compared to February 2021 although capacity is still constrained, according to the latest International Air Transport Association (IATA) data.Cargo is tracking above pre-COVID-19 levels said the trade association. Demand, measured in cargo tonne-kilometers (CTKs) rose 2.5% for international operations year on ...
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NewsManufacturing bolsters Asia Pacific air cargo
The Association of Asia Pacific Airlines (AAPA) has reported strong demand for air cargo supported by a robust manufacturing market.Overall, international air cargo demand in freight tonne kilometres (FTK) edged 0.2% higher year-on-year in February, with volumes close to 9% above the corresponding month in the pre-pandemic year of 2019.Offered ...
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Rates decline in March despite Ukraine crisis and Covid restrictions
Airfreight rates on major east-west trade lanes declined in March despite the impact of the Ukraine crisis on airfreight and supply chain disruption in Asia caused by Covid.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in March rates on services from Hong Kong to North America ...
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Air cargo alliance aids price optimisation
TAC Index has formed an industry first alliance with a provider of SaaS solutions that optimise shopping and selling experiences to give the latter’s customers greater, more accurate and timely visibility into market air cargo rates.The alliance aims to help PROS customers optimise prices and maintain profit margins as the ...
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Newscargo.one digital aids helps freight forwarders plan for change
Flight Operating Status Dashboard. Photo: cargo.oneA new “Flight Operating Status Dashboard” has been launched by cargo.one for freight forwarders as supply chain pressure grows with the impact of the Ukraine invasion.The purpose of the free tool is to provide forwarders with the latest schedule updates so they can quickly keep ...
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NewsAir cargo growth in January "below expectations"
Air cargo growth figures for January were "below expectations" while the outlook for the year ahead is uncertain, according to IATA.The airline association's latest monthly report shows that global air cargo demand in cargo tonne km terms increased by 2.7% year on year in January.Capacity for the month was up ...
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NewsAir cargo market close to pre-pandemic levels but uncertainty ahead
The global air cargo market continued catching up with pre-pandemic levels in February as freight volumes, capacity and load factors stabilised close to 2019’s performance, with rates also slowly trending downwards.This is according to the latest data from industry analysts CLIVE Data Services, which found chargeable weight in February was ...
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NewsApex acquisition helps K+N to rapid airfreight growth
Kuehne+Nagel (K+N) saw its airfreight volumes increase by more than half last year as industry-wide demand soared and the company benefitted from its acquisition of Apex.The forwarder's total airfreight volumes for 2021 were up by 54.9% year on year to 2.2m tonnes, air revenues increased by 97% to SFr11.5bn and ...
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International air cargo demand up for Asia Pacific airlines
The Association of Asia Pacific Airlines (AAPA) said international air cargo demand as measured in freight tonne kilometres (FTK) recorded a 5.1% year-on-year increase for Asia Pacific carriers in January.This is on top of the strong 20.2% annual increase achieved for the full year 2021, said AAPA.The international freight load ...
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NewsCorporación América Airports cargo volume up
Presidente Juscelino Kubitschek International Airport in Brazil. Photo: Corporación América AirportsCorporación América Airports saw its cargo volume increase 22.8% year on year in January 2022 compared to the year before.The company said it achieved a cargo volume of 25,100 tons in January compared to 20,400 thousand tons in January 2021.However, ...
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China's air cargo volumes rebound
China's air cargo volumes rebounded to near pre-pandemic levels in January, according to the Civil Aviation Administration of China (CAAC), reported Xinhua, China’s state press agency.The volume of cargo and mail transported by air was approximately 654,000 tonnes in January, or 97.3% of the amount recorded in the same period ...
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Hong Kong Airport sees transshipment traffic decline
Hong Kong International Airport (HKIA) handled 391,000 tonnes of cargo in January, a 4.7% decline on the same month in 2021 (410,000 tonnes) as transshipment traffic fell.Airport Authority Hong Kong (AAHK) said that freighter flight movements at the world’s largest international cargo hub saw year-on-year growth of 14.1% to 7,165 ...
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Record 2021 results for Atlas Air Worldwide
Atlas Air Worldwide Holdings saw record results in 2021 with increased revenue and income, while also placing all of its incoming B747-8Fs under long-term agreements.The US-based freighter lessor expects a “strong performance” in the first quarter of 2022, helped by new or enhanced long-term customer contracts.Atlas saw 2021 revenues of ...
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NewsQuarantine hits Cathay Pacific volumes
Photo: Cathay PacificQuarantine measures imposed on Hong Kong-based aircrew saw Cathay Pacific suffer a 31.8% fall in January’s cargo volumes to 74,242 tonnes compared with the same month in 2021.The Hong Kong-based passenger and freighter aircraft operator advised that, due to ongoing strict crew quarantine requirements, it will continue to ...
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Freighter flight twin peaks unaffected by Covid
Covid-19 has failed to affect significantly the established twin peaks of freighter flight operations, before and after passenger aircraft’s busiest daily period.However, the growth in express cargo operators since 2005 has seen a rise in freighter flights in the late evening and early morning slots.That is the conclusion of the ...
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NewsBrussels air cargo throughput soars in January
Photo: Brussels AirportA surge in freighter services and bellyhold cargo saw Brussels Airport overcome a drop in express shipments to handle 4% more airfreight in January compared with the same month in 2021, and 10% over January 2019.The main Belgian hub saw throughput of 60,645 tons in January, an increase ...
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E-commerce delivers Minneapolis cargo growth
Minneapolis-St. Paul International Airport’s (MSP) said its cargo activity has remained strong through the pandemic, backed by global e-commerce growth.Total cargo at the US airport in 2021 was 234,747 metric tons, surpassing 2019’s pre-pandemic cargo shipments by 2.5%, and 2020 levels by 15.2%.Cargo-only carrier operations grew to 16,578 flights, a ...