All Data articles – Page 46
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Air cargo prices slide in November and difficult 2016 expected
Air cargo carriers had a tough November peak season as prices declined for the first time in four months, while next year is also expected to be a difficult period for airlines.The latest Drewry East-West Air Freight index saw average rates for November decline to $3.22 per kg from $3.31 ...
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Paris attacks and strike action take their toll on European air cargo carriers in November
The November monthly statistics from European air cargo carriers paint a bleak picture for the end of the year as demand declines, the Paris attacks and strike action affected European airlines cargo operations.IAG, Air France KLM, Lufthansa and Finnair all recorded year-on-year demand declines in November, with the German group ...
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Tailspin ocean box rates puts airfreight volumes at risk, says Drewry
The dramatic decline in ocean container spot market rates has widened the gap between seafreight and airfreight, said supply chain advisors Drewry in its December Executive Briefing.Ocean rates are “in a rapid tailspin” with ships on the Europe to Asia trade barely two-thirds full, it said.Airfreight demand is also sluggish, ...
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Air cargo growth flat lines in October
A weakening of air cargo growth at European carriers caused overall demand to flat-line in October, according to the latest data from IATA.IATA's latest figures show that air cargo demand in freight tonne km rose just 0.5% in October compared with a year ago.The growth was lower than the one ...
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Aircraft orders monthly: Eva Air, EasyJet and IAG place orders in November
Welcome to the first of a new monthly feature analysing the latest aircraft orders, both passenger and freighter.EasyJet orders an additional 36 A320 Family aircraftEasyJet has signed a firm order for a further 36 A320 Family aircraft taking its cumulative order for the type to 451.The agreement for six A320ceo ...
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Airfreight rates continued to climb in October
Air cargo rates reached their highest level of the year in October but continue to lag behind the year-ago level.The latest figures from the Drewry Sea & Air Shipper Insight show that the weighted average airfreight rate on 21 key east-west trades climbed to $3.31 per kg in October.It is ...
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Asian carriers record peak season cargo boost in October
Asian carriers began to see air cargo traffic pick up in October as the industry enters the peak season, but fast growing Air China recorded its first year-on-year demand decline since 2013.The latest monthly statistics from Asian airlines shows all but one of the carriers saw demand pick up in ...
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Amercian carriers report mixed October
American Airlines, Delta Airlines and LATAM all recorded year-on-year air cargo demand declines in October, while United once again saw volumes increase.The largest of the airlines in cargo terms, United, recorded a 2.6% year-on-year increase in demand to 233m cargo ton miles (CTM).This increase is a little lower than the ...
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IATA: Airfreight markets show slight growth in September
Global airfreight markets showed “very modest growth” in September and “negligible growth” for Asia-Pacific carriers said IATA in its latest cargo data update.Measured in freight tonne kilometres (FTKs), global air cargo volumes rose 1.0% compared to the same month a year ago.The statistical evidence echoes that of analyst WorldACD which ...
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European forwarders upbeat on airfreight volumes
Danske Bank’s monthly European Freight Forwarding Index for October indicates higher volumes compared with two months ago.The current airfreight index of 54 – a measure of European freight forwarder market sentiment – is set against expectations of 57 for November, thus suggesting higher volumes in two months.The index by the ...
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Demand picks up pace for Asian airlines in September
Asian airlines saw air cargo volumes begin to pick up in September ahead of the peak season, but continued to report declining airfreight load factors.The latest monthly figures from the region’s leading airlines show that five of the seven carriers that provide monthly figures saw utilisation levels decrease compared with ...
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Air cargo market improves in September
Air cargo traffic and yields continued to pick up in September following on from the general malaise experienced over the second quarter.The latest data from analyst WorldACD show that volumes increased by 1.9% year on year in September while yields picked up by 0.4% on a month earlier.This was the ...
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Slowdown for Asian airlines
Preliminary September traffic figures from the Association of Asia Pacific Airlines (AAPA) showed a continuing divergence between the cargo and passenger business. The latter remains strong but airfreight remains weak, says AAPA.Air cargo markets remained subdued, with demand in freight tonne kilometre (FTK) terms only matching the same month last ...
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Airfreight fails to hit the heights
International air freight fell during the second quarter in the US and remained below its pre-crisis peak in the EU, according to the latest update of global freight data collected by the International Transport Forum at the OECD (Organisation for Economic Cooperation and Development at the United Nations).However, exports to ...
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Air cargo demand stagnant while yields decline
Airline data continues to point towards difficult market conditions for air cargo carriers, but some regions are showing improvements.Figures released today by WorldACD show that volumes during August increased 0.9% against last year while yields fell by 1.2% compared with July.The analyst said demand and yield data for the year ...
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Airport cargo volumes decline in August
Global airfreight volumes at airports continued to slow in August as China’s economic slowdown took its toll on the cargo industry.The latest data from Airports Council International shows airports recorded an August decrease in cargo volumes of 0.2% year-on-year (see table below).For the first eight months of the year, volumes ...
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Mixed cargo results for American airlines in September
September was a mixed month for American air cargo carriers, with American Airlines and United Airlines recording demand increases while Delta and LATAM saw volumes slide.The airline that recorded the largest year-on-year increase in demand during the month was American which saw cargo volumes increase by 2.7% on last year ...
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World airfreight loses its bounce as China falters
The normal summer bounce in the world airfreight market failed to materialise this year, due largely to the faltering Chinese economy, said market data specialist WorldACD in its latest report.July was flat with only 0.7% volume growth, the lowest of any month this year, and revenue figures were also the ...
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Asia Pacific cargo demand weakened in July
Asia Pacific carriers saw air cargo demand weaken in July while international passenger numbers showed “further robust growth”.Preliminary traffic figures for July released by the Association of Asia Pacific Airlines (AAPA) saw airfreight markets soften, “reflecting a slowdown in world trade activity and weakening demand for Asian exports”.Measured in freight ...
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Drewry's east-west price index on the rise
Drewry’s East-West Air Freight Price Index recovered 2.0 points in July to a reading of 90.3, lifting it off its lowest ever level since the index was first launched in May 2012.In US dollar terms, this still left the benchmark well below the $3 per kg threshold, first breached in ...