All IATA articles – Page 16
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News
Airfreight demand down for the ninth consecutive month
The airfreight market reported its ninth consecutive year-on-year decline in a row in July, according to the latest monthly figures from IATA.The airline association said that freight tonne kms (FTKs) declined by 3.2% year on year in July as the China-US trade war continued to take its toll on the ...
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TIACA selects Hourcade to join transformation team
The International Air Cargo Association (TIACA) has appointed Celine Hourcade as a project manager. From September, in her new role, Hourcade will support the Association's transformation programme.The first two priorities for Hourcade are to lead the development of TIACA’s sustainability programme and sustainability award, as well as the delivery of ...
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German cargo market drops by more than 20% in June
Airlines and freight forwarders experienced some big declines in German export volumes in June, writes Oliver Link from Air Cargo News sister title DVZ.According to the latest Iata Cargo Account Settlement System (Cass) data, the total volume of freight exported from Germany dropped by 24.6% on a weight basis compared ...
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Air cargo down again in June as signs of a recovery were premature
Air cargo traffic has now declined year-on-year for eight months in a row and signs of a recovery in recent months have turned out to be premature.The latest figures from airline association IATA show that demand in terms of freight tonne kms (FTK) declined by 4.8% year on year in ...
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Menzies Aviation signs up to ULD code of conduct
Menzies Aviation has become the latest signatory to IATA's ULD CARE’s Code of Conduct which aims to reduce damage to air cargo containers.Established in 2018, and derived from the IATA ULD Regulations, the ULD CARE Code of Conduct sets the standard for all ULD handling and operations, ensuring that the ...
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Forwarders sign up for IATA's new rate platform
DB Schenker, Agility Logistics and Hellmann Worldwide Logistics have signed up to IATA's new air cargo rates platform, IATA Net Rates.IATA Net Rates aims to digitise the process of airlines and GSAs distributing rate sheets to forwarders using Excel spreadsheets and email, which the airline group said is "labor-intensive and ...
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Air cargo continues to face weak market conditions with 'hefty' declines in Asia
The latest figures from IATA have confirmed air cargo continued to face weak market conditions in May.Data from the airline association show that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% in May compared with the same period in 2018.This was a slight improvement on the 5.6% contraction ...
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IATA responds to Dutch plans for green tax on air cargo and passengers
IATA has published research claiming that people would rather see investment in green aviation technology than "environmental taxes" following the Dutch government announcing plans for a new tax on air cargo and air travel.The Dutch government has submitted proposals to introduce a charge of €3.85 per tonne of cargo for ...
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Hourcade leaves IATA after 13 years
Céline HourcadeIATA's head of cargo innovation Celine Hourcade has announced she is leaving the organisation after more than 13 years.Hourcade revealed the news in a LinkedIn post, saying she planned to take a long summer break before starting on a new adventure."This is with both sadness and excitement that I ...
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Progress made on slot allocation governance structure
Alexandre de JuniacIATA, Airports Council International (ACI) World and the Worldwide Airport Coordinators Group (WWACG) have announced the agreement of a new governance structure for the Worldwide Slot Guidelines (WSG) that are published by IATA.A statement said that “Airport operators, airlines, and slot coordinators will now play an equal role ...
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Fiumicino gains CEIV Pharma accreditation
Rome’s Fiumicino (otherwise known as Leonardo da Vinci) airport has become the first air gateway in Italy to gain CEIV Pharma certification.IATA’s CEIV – Center of Excellence for Independent Validators – Pharma is awarded to those businesses that can demonstrate excellence in the handling and transport of pharmaceuticals.Particularly important in ...
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IATA lowers air cargo growth forecast again
IATA has lowered its forecast for air cargo for the second time this year, with the association now expecting demand to be flat this year.At its AGM, the airline association said that after an exceptional performance in 2017, featuring 9.7% growth in demand for freight capacity, cargo demand growth slowed ...
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Demand falls but capacity continues to rise in global air freight market, IATA stats reveal
5G buffer zones will be implemented at 50 US airports. Photo: ShutterstockGlobal air freight capacity growth has now outpaced demand for the last 12 months, resulting in a freight load factor that is currently 3.5 percentage points lower than a year ago.The International Air Transport Association (IATA) April statistics show ...
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IATA: airline profits fall further
The March/April Airlines Financial Monitor from IATA notes “a further fall in aggregate profits for the airline industry” for the first quarter of 2019, in comparison with the same three months of last year.Overall, IATA said the EBIT margin in its sample of 20 airlines had fallen to 3.6% from ...
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Air cargo returns to growth but continues to face headwinds
Airfreight returned to growth in March after three months of year-on-year declines.IATA statistics show that air cargo demand in freight tonne km terms increased by 0.1% in March.While this is an improvement on February’s 4.9% contraction, demand for the first quarter is 2% down on a year ago.Meanwhile, freight capacity ...
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Amazon, e-commerce opportunity, not a threat
L-R: Roger Hailey (editor Air Cargo News), Brendan Sullivan, Ross Marino, Fatih CigalAmazon’s move into logistics should be seen as an opportunity not a threat, according to panellists at the Air Cargo News Conference 2019.“Some air cargo players are already benefiting from working with Amazon and others are looking at ...
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IATA reports another decline for air cargo in February
Air cargo traffic declined again in February as the industry had its weakest month in terms of growth in the last three years and load factors tumbled again.Data from IATA shows that freight tonne kms declined by 4.7% year on year in February, while freight capacity was up by 2.7%. ...
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Shippers rally to protect freighter slots
The Global Shippers’ Alliance (GSA) will put pressure on IATA to end its “detrimental to freighters” airport slots policy, one of a series of initiatives to speed up the airfreight supply chain, address growing e-commerce volumes and promote a “positive image” for air cargo.The GSA wants to “further strengthen” global ...
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Asian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...
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E-commerce: A gift from heaven for air cargo but challenges ahead
E-commerce session at WCS 2019E-commerce is a "gift from heaven" for the air cargo sector but it faces several challenges if the industry is to capitalise on the opportunity it presents, according to speakers at the World Cargo Symposium.Ludwig Hausmann, partner at McKinsey & Company, said that e-commerce had grown ...