All IATA articles – Page 11
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News
Qatar Cargo volumes take-off in 2021
Qatar Cargo saw its volumes rapidly expand in the first 11 months of the year as the carrier began to re-introduce destinations and added to its freighter fleet.The airline carried 1,574,705 tonnes of cargo between January and November, which represents an increase of 13.4% compared with 2020 levels. This follows ...
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News
Omicron set to restrict cargo capacity and keep rates high
The Omicron variant is set to keep air cargo capacity tight and as a result air cargo rates will remain at an elevated level.In the latest Baltic Exchange market update, investment bank Stifel senior analyst Bruce Chan said that the new variant will restrict network capacity due to safety protocols, ...
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Insights
IATA's new head of cargo outlines the challenges ahead
IATA's new head of cargo, Brendan Sullivan, praises the sector's response to Covid and outlines the challenges ahead, writes Roger Hailey.Airline passenger divisions may ‘put bums on seats’ but air cargo’s stakeholders went one better during the pandemic, they placed life-saving PPE on seats and launched the preighter.The airfreight industry ...
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News
IATA warns knee-jerk Omicron reaction could hit cargo capacity
IATA has warned that cargo capacity could come under pressure if governments adopt a knee-jerk reaction to the Omicron variant.The airline association said that in October cargo tonne kms increased by 9.4% compared with 2019 levels, but added that capacity could be affected by any government restrictions on travel in ...
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News
Supply chain issues continue to drive air cargo demand
Air cargo demand continued to increase in September as ongoing supply chain issues pushed companies to utilise airfreight.The latest figures from airline association IATA show that demand in cargo tonne km terms (CTK) increased by 9.1% in September compared with the same month in 2019.Capacity in available CTK for September ...
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News
IATA adds 'quote and book' service to rate portal
Airline association IATA has added a ‘quote and book’ function to its rate portal, with IAG Cargo the first cargo group to offer the new functionality.The addition of live rates and the option to book shipments onto IATA's Net Rates platform will accelerate "the distribution of rates to market while ...
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NewsHow will the easing of US travel restrictions impact air cargo?
The US will remove travel restrictions for many fully vaccinated passengers in a move that could see cargo capacity increase as a result of more bellyhold operations returning to the market.The country announced today that it will re-open its borders to fully vaccinated travellers from 33 countries on November 8 ...
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News
Air cargo to lead aviation in carbon reduction
Air cargo is set to lead the aviation world in the adoption of green initiatives, with sustainable aviation fuel (SAF) proving to be the best way for the industry to reduce its carbon emissions.Speaking at the IATA World Cargo Symposium, the airline group’s director general Willie Walsh said that shippers ...
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NewsIATA launches CEIV lithium battery certification program
From left to right: Peter Penseel and Willie Walsh.IATA has launched its Center of Excellence for Independent Validators Lithium Battery (CEIV Lithium Battery) industry certification program to improve the safe handling and transport of lithium batteries across the supply chain.Said Willie Walsh, IATA’s Director General: “Lithium batteries are critical power ...
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NewsQatar Cargo's Halleux calls on regulators to step up on lithium batteries
Source: Air Cargo NewsQatar Airways chief officer cargo Guillaume Halleux issued an impassioned call for regulators to take steps to counter the threat of rouge lithium-ion battery shipments.Speaking at IATA's World Cargo Symposium in Dublin, Halleux said the airline had suffered three near misses with rogue battery shipments in recent ...
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NewsWalsh expects a permanent shift in air cargo's importance to aviation
Source: Air Cargo NewsAir cargo's new found importance to airlines is here to stay, according to IATA director general Willie Walsh.Speaking to the press after the opening session of the IATA World Cargo Symposium in Dublin, Walsh re-iterated comments made earlier in the day that the air cargo sector had ...
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News
IATA: Industry cooperation key to post-pandemic air cargo resilience
IATA has urged the air cargo industry to continue working together at the same pace and with the same levels of cooperation as during the COVID-19 pandemic so as to overcome future challenges and build industry resilience.Sustainability, modernization, and safety were highlighted as key priorities for the industry post pandemic. ...
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News
Transport groups warn of supply chain collapse unless workers are protected
The heads of transport groups from across the industry have warned of the collapse of supply chains unless governments take steps to safeguard workers.In an open letter published on the day of the UN General Assembly, the International Road Transport Union (IRU), IATA, the International Chamber of Shipping (ICS), and ...
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InsightsCan airlines overcome supply-chain challenges to meet strong air cargo demand?
Image source: AirBridgeCargoBy most accounts, the strong demand for air cargo seen during the Covid-19 pandemic is likely to continue into the peak freight season in the fourth quarter of this year.“Air cargo demand had another strong month in August, up 7.7% compared to pre-Covid levels,” said IATA director general ...
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News
IATA: Cargo demand increases as outlook remains positive
IATA has reported in its latest market analysis that cargo volumes increased in August 2021, compared with pre-Covid levels (August 2019), and the outlook remains positive.The association said global air cargo demand, measured in cargo tonne-kilometers (CTKs), was 7.7% higher in August this year than pre-Covid levels (August 2019).Meanwhile, global ...
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NewsIATA World Cargo Symposium moves to Dublin
Source: IATAIATA's World Cargo Symposium has moved to Dublin with just weeks to go until one of the biggest events in the air cargo calendar is due to kick off.The event will now take place at the Convention Centre Dublin, running from October 12-14.WCS had originally been scheduled to take ...
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News
MASkargo adopts IATA DG AutoCheck system
MASkargo has become the first airline and cargo terminal operator in Malaysia to adopt IATA's Dangerous Goods AutoCheck (DG AutoCheck) platform for the acceptance of dangerous goods shipments.DG AutoCheck enables airlines, ground handlers and freight forwarders to automatically check the compliance of the shipper’s declaration for Dangerous Goods (DGD) against ...
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InsightsIATA: July a solid month for air cargo but risks remain
July was another solid month for the air cargo industry, but rising Covid numbers could disrupt the sector's recovery, according to IATA.The latest numbers from the airline association show that in July demand in cargo tonne km (CTK) terms increased by 8.6% compared with the same month in 2019 (used ...
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News
Air Canada Cargo joins IATA Net Rates
Air Canada Cargo has continued its digital push by placing its prices on IATA's Net Rates platform.The agreement means that Air Canada Cargo customers that subscribed to IATA Net Rates will be able to view those rates online, alongside other carriers’ rates.Those not yet subscribe to IATA can still benefit ...
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InsightsIATA: Strongest half-year cargo demand since 2017 but capacity remains constrained
IATA has highlighted the need to re-establish passenger network connectivity to boost bellyhold capacity and ultimately airline revenues, as cargo demand remains strong.Speaking at a media update this week, Ezgi Gulbas (pictured below), senior economist at IATA, said overall cargo demand in the first half of this year was 8% ...