IATA WCS updates – Page 3
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NewsAgeing freighters face fallout from reduced air cargo demand
Sander Schuringa, manager market intelligence, Seabury Cargo.Older freighters are being grounded as a result of ongoing reduced demand and increased capacity.Sander Schuringa, manager market intelligence, Seabury Cargo said that as a result of falling demand and increased capacity, yields and freighter utilisation have dropped.Older freighters tend to be more expensive ...
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NewsAfA urges alignment of international standards for air cargo security
(right to left) Howard Stone, Vice President Global Programs, UPS Corporate Aviation Security; Brandon Fried, Executive Director, Airforwarders Association; Ilan Biton, Consultant, Enabling Insight; James Lobello, Head of Security - The Americas, Lufthansa and Chair, IATA Cargo Security Working Group; Darren Hart, Deputy Director Data Strategies, Capabilities and Oversight ...
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NewsWalsh: Airlines maintain focus on air cargo
Willie Walsh. Source: IATAAirlines are maintaining the focus on air cargo that they gained during the Covid-19 pandemic, according to IATA director general Willie Walsh.Walsh, speaking to Air Cargo News at the IATA World Cargo Symposium, said that it was natural that airline management would focus on passenger operations as ...
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NewsESG reporting grows in importance for air cargo
Source: Air Cargo NewsEnvironmental, social and governance (ESG) reporting will become increasingly important for the air cargo industry as investors, customers and regulators demand increased visibility on companies’ sustainability performance.Speaking at the IATA World Cargo Symposium (WCS) on a sustainability panel chaired by Frederic Chapelle of PwC, speakers said that ...
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NewsAI and machine learning to enhance air cargo
Source: Air Cargo NewsArtificial intelligence (AI) and machine learning are set to enhance the air cargo value chain.Speaking at the IATA World Cargo Symposium, McKinsey & Company manager Soufiane Daher said that artificial intelligence (AI) and machine learning had a key role to play in the future of the air ...
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NewsTurkish Cargo and Avianca Cargo sign cooperation MoU
Turkish Cargo and Avianca Cargo have entered into a Memorandum of Understanding (MoU) to explore potential cooperation opportunities and to strengthen air cargo connections.The agreement will serve as a guide to enable both carriers to combine cargo resources and expertise.Turkish Cargo and Avianca Cargo will consider potential collaboration initiatives such ...
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NewsIATA launches Connect API for DG AutoCheck with dnata and IBS Software
Ground handler dnata has become the first company to adopt Connect API, the newest feature of IATA’s DG AutoCheck for dangerous goods.Connect API will help in the digitalization of the air cargo industry by automating the transfer of data from DG AutoCheck to other systems in the industry’s value chain.This ...
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NewsAccelya in full membership upgrade with Cargo iQ
Global software and technology solutions provider Accelya has achieved full member status of Cargo iQ, it was announced at the World Cargo Symposium (WCS) in Istanbul.Accelya joined Cargo iQ, the IATA supported not-for-profit membership group, in 2007 as an associate member.Accelya will become a Cargo iQ Data Management Platform (CDMP) ...
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NewsReinventing recruitment can help attract new talent
Kendra Kincade, Elevate AviationThe air cargo industry must dig deeper to recruit and retain valuable new talent.This was the consensus of a panel discussing the ‘air cargo talent challenges’ during the Opening Plenary of the IATA World Cargo Symposium 2023.The industry is well versed in the negative points associated with ...
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E-commerce: Ready for renewed lift-off?
E-commerce is big business for the air cargo industry, with IATA figures showing that 80% of cross-border e-commerce is now transported by air and the sector represents 20% of the industry.At the 2022 IATA World Cargo Symposium (WCS), Brendan Sullivan, the trade association’s global head of air cargo, stressed the ...
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NewsFinancing SAF to accelerate uptake
IATA press conference. Willie Walsh (fourth from left).The US is leading the way in financially backing the development and use of SAF, according to IATA.Speaking at the IATA World Cargo Symposium (WCS) press conference on day one of the event, Willie Walsh, IATA’s director general said the US government is ...
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NewsTechnology key to meeting end customers' increasing expectations
Source: Air Cargo NewsDigitalisation is key to meeting ever-increasing demands from the end customer, according to one panel discussion at the IATA World Cargo Symposium.Speaking on the topic of digitalisation and artificial intelligence (AI), Turkish Airlines chief cargo officer Turhan Ozen said that the air cargo industry found itself in ...
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NewsIATA WCS highlights humanitarian role of airfreight
Willie Walsh, IATA director general“When crises strike, aviation is there,” said IATA director general Willie Walsh, speaking at the IATA World Cargo Symposium in Istanbul on 25 April.Reminding delegates of the critical role that aviation plays when natural disasters and other humanitarian crises occur, he went on: “Connectivity is essential ...
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NewsTurkish Cargo joins CEIV Li-Batt programme
Turkish Airlines’ Bilal Ekşi (seated centre) signs up for CEIV Li-BattTurkish Cargo has become the latest airline to join the IATA CEIV Lithium Battery (CEIV Li-Batt) certification programme, which includes training, assessment and validation of competence to carry lithium battery products safely.The airfreight brand of Turkish Airlines signed up during ...
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NewsMixed signs for air cargo outlook for 2023
Bojun Wang. Source: Air Cargo NewsThe outlook for air cargo over the coming year remains mixed with several factors set to impact performance.Speaking at IATA’s World Cargo Symposium in Istanbul, IATA economist Bojun Wang predicted that air cargo demand was set to decline by 4% this year compared with 2022 ...
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News16th IATA WCS kicks off with three priorities
Brendan Sullivan, IATA global head of cargoIATA’s 16th World Cargo Symposium (WCS) opened in Istanbul on April 25, with global head of cargo Brendan Sullivan highlighting three priorities for the industry: sustainability, digitalisation and safety.“Air cargo is a different industry [from] the one that entered the pandemic. Revenues are greater ...
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NewsIATA WCS addresses the challenges ahead
Source: IATA. Brendan SullivanIt is my pleasure to extend a warm welcome to the IATA World Cargo Symposium in Istanbul. As we gather in this historic city, we are reminded of its legacy as a hub of commerce and trade, and it is fitting that we come together here to ...
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NewsIATA WCS launches with insight into dynamic air cargo market
Photo: IATADigitalisation, sustainability and safety and security will once again be the central themes of the IATA World Cargo Symposium (WCS).The event will also reflect on demand and capacity and how these are impacting the industry, alongside offering workshops, executive summits and plenty of networking opportunities.Day one of the WCS ...
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News
Welcome to this year's IATA WCS
It may only be seven months since the last IATA World Cargo Symposium (WCS) but it has been another turbulent period for the air cargo industry.Demand continues to trend downwards while capacity continues to grow. Meanwhile, inflationary pressures and the war in Ukraine continue to dampen the outlook.However, there is ...
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NewsHigh tension over batteries
Photo: ShutterstockAs the number of lithium batteries in use continues to surge, the risks involved in transporting them by air are of growing concern. But there are moves afoot to address the issues.One of the biggest safety concerns facing the air cargo industry is the transport of lithium batteries, due ...