All IATA articles – Page 23
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News
April sees growth slow
AIRFREIGHT markets saw growth levels slow down in April.IATA data for the month shows that demand measured in freight-tonne-kilometres [FTKs] was 3.2 per cent above previous year levels, but traffic levels in April were slightly below those of January and 1.1 per cent lower than what was recorded in March.“Prior ...
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IATA aircraft tracking, draft options by year end
IATA EXPECTS to present draft options for enhanced global aircraft tracking to the aviation industry before year-end.The association’s Aircraft Tracking Task Force plans to deliver the draft options to the International Civil Aviation Organisation in September, followed by the industry-wide presentation.The disappearance of flight MH370 saw IATA to establish an ...
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IATA: "solid improvement" in air freight growth
AIRFREIGHT growth has seen a “solid improvement” in 2014 over prior year, but IATA warns that demand could weaken as the on-shoring trend continues.Volumes are being supported by the cyclical upswing in the global economy but high fuel prices, stable at $120 per barrel, and weak cargo yields continue to ...
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Global air cargo stabilising, says IATA
AIRFREIGHT markets saw growth levels accelerate in May.IATA data for the month shows that demand measured in freight-tonne-kilometres [FTKs] rose across all regions, but with significant differences in performance.Whilst the Middle East carriers enjoyed 9.3 per cent year-on-year growth, the North American carriers reported 2.4 per cent.The growth trajectory reflects ...
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Cathay head of the e-cargo class
CATHAY PACIFIC remains top of the e-freight league table, IATA’s statistics show, writes Thelma Etim, deputy editor.The carrier has retained its ranking as the airline that operates the most e-AWB shipments.Cathay’s e-AWB volumes climbed by 47.1 per cent in May, whilst Emirates is in second place with 29.8 per cent.Korean ...
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IATA hit list to bolster Europe's air industry
IATA has called on European governments and regulators to bolster the region’s competitiveness, citing a hit list of measures to improve global connectivity.Tony Tyler, the airline association's director general and chief executive, said: “Among the biggest obstacles faced by European airlines are the competitive disadvantages placed in their way by ...
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June sees air cargo spurt amid higher fuel costs
RISING jet fuel prices in June marred a slight monthly increase in airfreight volumes in May.The improvement in air cargo demand was consistent with a pick-up in world trade volumes, as well as a small rise in business confidence after a broadly flat trend in prior months, IATA notes.Oil barrel ...
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IATA hits out at Malaysian 'outrage'
IATA has described the tragedy of Malaysian Airlines flight MH17 as “an outrage and a hideous crime”.In a powerful statement released by director general Tony Tyler, the airline association says the downing of the aircraft was an attack against the air transport system – “which is an instrument of peace.”The ...
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Air freight volumes show solid gains
Air freight volumes continue to show solid gains on a year ago, supported by economic improvements in some regions, says IATA in its latest quarterly cargo chartbook.But high jet fuel prices and overall weakness in yields have kept cargo financial performance from improving so far this year, adds IATA.“Emerging Asia ...
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IATA: Cargo growth accelerated in September
Global air freight showed accelerated demand in September for most markets, although there are “mixed messages” in regional growth and fears remain of a "bumpy road" ahead.International Air Transport Association (IATA) data saw global freight tonne km (FTKs) volumes rise 5.2 per cent compared to September 2013, some 0.8 percentage ...
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IATA stats: October growth continues but caution prevails
IATA’s October air freight data for October presents a mixed picture, as strong route development by Middle East carriers and demand for Apple’s iPhone 6 out of Asia were countered by economic concerns in Europe and Africa.Overall global volumes were up 5.4% in October compared to a year ago, an ...
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IATA figures find fair weather for freight flow
IATA’s November Airlines Financial Monitor finds good news for much of the air cargo sector as freight volumes continue to expand steadily and load factors improve on the back of growth in demand.Air freight volumes increased in October compared to September, with recent improvements driven by progress in Asia Pacific ...
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IATA: solid volume gains
Air freight volumes are showing solid gains on a year ago, supported by improving trade growth in some regions, but weakness in load factors and yields continues to place downward pressure on financial performance.That was the message from the latest cargo e-Chartbook from airline association IATA, covering the fourth quarter ...
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Tonnage up but rates to shrink in 2015 says IATA
Senior cargo executives at IATA member airlines are predicting that global air freight tonnage will increase next year at its fastest rate since 2010. Yet rates are likely to shrink by a further 5.8 per cent in real terms, intensifying pressure on margins.Brian Pearce, IATA chief economist, told a media ...
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Asia and Middle East lead November air cargo surge
Asia-Pacific and Middle East carriers led the November surge in global air cargo demand, amid hopes that the momentum will continue into 2015 as international trade improves.Latest market data from the International Air Transport Association (IATA) saw November 2014 demand, measured in freight tonne km (FTK), grow 4.2 per cent ...
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IATA to survey shippers
IATA is to undertake a global shipper survey, its first for four years, to help it learn more ahead of the World Cargo Symposium in Shanghai during March about customers’ increasingly sophisticated requirements.In a presentation at IATA’s Geneva headquarters in December, Glyn Hughes, the association’s new global head of cargo, ...
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Volumes to rise but yields droop, says IATA
Airfreight volumes are set to continue the growth seen in recent months, but yields will be weak, says the International Air Transport Association in its latest survey.The Airline Business Confidence Index published in January reported accelerated growth volumes in the fourth quarter of 2014 compared with Q3, “which is consistent ...
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Airfreight growth fails to match capacity
Airfreight volume sustained recent gains in the November to January period but load factors fell in December, thanks to a surge in capacity, said the latest International Air Transport Association Airlines Financial Monitor.IATA said that airfreight volumes continued strong, despite a small contraction in December compared with November, and the ...
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Airlines optimistic on cargo volumes
The majority of airline cargo bosses expect volumes to expand over the year ahead.The latest IATA confidence index survey found that the results for cargo were “positive” and reflect “important developments in the demand environment”.Respondents among the heads of cargo reported growth in air freight volumes over recent months, which ...
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Latest eAWB statistics
CATHAY and Emirates continue to lead the way in airline eAWB adoption, as paperless documentation has doubled in 12 months, reports IATA.“The total number of eAWBs used grew by more than 50,000 during the last 12 months, with an average increase of one per cent each month since the beginning ...