All IATA articles – Page 7
-
InsightsAir cargo outlook: challenging market ahead
It’s been an interesting period for the air cargo industry as volumes have been trending downwards since the first half of last year, while the capacity situation continues to change and rates remain above pre-Covid levels despite recent declines.The fall in volumes reflects high inflation that is affecting consumer spending, ...
-
News
Mexican cargo operations set to move
Mexican president Andrés Manuel López Obrador has confirmed the government has struck an agreement with some airlines to shift cargo operations from Benito Juarez International Airport (Mexico City International Airport) to Felipe Angeles International Airport (AFIA)On the president's official website, a press release on February 1 stated that Obrador has ...
-
News
IATA blasts draft ban on cargo-only operations at Mexico’s busiest airport
IATA has blasted a government plan to ban cargo-only flights from Mexico City’s primary airport.According to local Mexican media reports, the leaked draft of a document published last week reveals that the government intends to close Benito Juarez International airport, the busiest in the country, to operators that ”provide national ...
-
News
IATA completes revisions to air transport industry manuals
The International Air Transport Association (IATA) has completed the annual review of its air transport industry manuals for cargo, ground handling and operations.The manuals now incorporate the updates made to many industry standards over the past year, said the industry body.It added that these revisions reflect the sector’s commitment to ...
-
NewsIATA: Mixed signals for cargo as demand drops in November
There are mixed signals regarding air cargo's outlook after November saw another double-digit percentage decline in demand.The latest IATA statistics show that airfreight demand in cargo tonne km terms (CTK) declined by 13.7% year on year in November.Capacity for the month fell by 1.9% against last year and load factors ...
-
NewsQatar Cargo continues lithium battery safety focus with CEIV standard
Source: Qatar CargoQatar Cargo and handler Qatar Aviation Services have gained IATA CEIV Lithium Battery (CEIV Li-batt) certification in a bid to continue countering the risk posed by lithium battery shipments.The CEIV Li-batt certification programme aims to ensure the various elements of the supply chain involved in the shipment of ...
-
News
Air Cargo News' most read in 2022
Last year was another turbulent year for the air cargo industry as the rapid growth experienced in 2021 turned to decline and capacity began to open up as passenger networks re-opened.Despite the demand declines, volumes stayed ahead of pre-Covid levels and rates remained far above the levels achieved in 2019 ...
-
NewsIATA predicts 4% drop in air cargo volumes next year
Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected to weaken compared with this year's levels.Speaking at the IATA Global Media Day, the airline association's head of policy analysis Andrew Matters revealed its predictions for next year.He said that ...
-
NewsDHL Global Forwarding first to achieve IATA CEIV Lithium Batteries in the UK
Image source: DHLDHL Global Forwarding is the first organization in the UK to be certified as an IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt).The certification covers six sites - Birmingham, Glasgow, London, Luton, Manchester and Purfleet - and follows a rigorous certification process across these locations ...
-
NewsIATA: Airlines to return to profit next year but cargo under pressure
Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the outbreak of Covid but cargo volumes, yields and profits are set to decline.IATA said that in 2023 it expects airlines to post a "small" net profit of $4.7bn, which equates ...
-
News
Air cargo rates continue to decline in November
Air cargo pricing on some of the world's major trade lanes continued to decline in November, bucking usual seasonal trends.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that spot and contract rates paid by forwarders on services from Hong Kong to North America slipped to an average ...
-
News
Air cargo suffers largest demand drop of 2022 in October
Air cargo demand suffered the largest percentage decline of the year so far in October but there is the hope of some peak season pick-up.The latest statistics from IATA show that air cargo tonne km declined by 13.6% year on year in October while capacity was down 0.6% and load ...
-
NewsEtihad Cargo achieves IATA CEIV pharma recertification
Photo: Etihad CargoEtihad Cargo has been recertified as meeting IATA's CEIV Pharma standards.The cargo division of Etihad Aviation Group achieved IATA CEIV Pharma recertification following an audit by independent validators that assessed the carrier's capacity to control and enhance its processes through a checklist that focused on Etihad Cargo’s Quality ...
-
NewsAir Cargo demand softens in September
Source: IATAAir cargo demand softened in September, as cargo tonne-km (CTKs) fell 10.6% compared to the same month in 2021, according to the latest IATA airfreight data.International operations also fell by 10.6% but continued to track at near pre-pandemic levels (-3.6%).Capacity was 2.4% above September 2021 (+5.0% for international operations) ...
-
NewsVIDEO: The best of the IATA World Cargo Symposium
Join Air Cargo News as we look back at some of the key moments of the IATA World Cargo Symposium (WCS) 2022.
-
NewsVIDEO: Vienna Airport's Michal Zach on current air cargo challenges
The Air Cargo News video team spoke with Michal Zach, VP sales & finance, ground handling & cargo, Vienna Airport about current air cargo challenges.
-
NewsHong Kong Air Cargo Terminals gains IATA’s CEIV Lithium Batteries accreditation
Hactl executive director and chief financial officer Amy Lam (right) receives the IATA CEIV Lithium Batteries certificate from Yvonne Ho, IATA general manager, Hong Kong and Macau. Photo: HactlHandler Hong Kong Air Cargo Terminals Limited (Hactl) has successfully obtained accreditation under IATA’s CEIV Lithium Batteries (Li-batt) standard.Hactl now holds all ...
-
News
IATA and CNS roll out updated CASSLink system in the US
IATA and its subsidiary Cargo Network Services (CNS) have deployed the latest version of its CASSLink invoicing and payment system in the US.IATA said the upgraded version features a new user interface; self-service functions to configure data processing, reports and user management; real-time reporting and online dispute resolution; accommodation of ...
-
News
IATA: Air cargo market stable despite latest decline
IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August.The airline association's latest data shows that demand in cargo tonne km terms in August fell by 8.3%, which was a slight improvement on the 9.7% fall registered in July.Capacity increased ...
-
NewsVIDEO: IATA's Henk Mulder on digitalisation in air cargo
The Air Cargo News video team spoke with IATA head of digital cargo, Henk Mulder, about the industry’s ongoing digital drive.