IATA – Page 15
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News
IATA highlights “robust” pace of air cargo growth
IATA has released its latest Cargo Chartbook, which indicates that during the quarter ended January 31 air freight tonne-km (FTK) grew by 7.4% year on year – “a robust pace by historical standards” although rather slow in seasonally adjusted terms.The association said: “Demand for air freight has been boosted since ...
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A safety screen for lithium batteries
LITHIUM batteries are Dr Jekyll and Mr Hyde when it comes to air cargo, writes Roger Hailey, Air Cargo News editor. These high energy units literally power the mobile revolution, residing as they do in most tablets and mobile phones. Properly declared by the shipper, they are premium cargo.But lithium ...
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NewsSolid start for air cargo but concern as trade war looms
Air cargo started 2018 with robust growth as demand drivers remained supportive, but a potential trade war could hinder growth in the future.The latest figures from IATA show that cargo traffic in freight tonne km terms increased 8% year on year in January, up on the 5.8% improvement registered in ...
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World Cargo Symposium roadmap and weblinks
RoadmapWCS 2018 roadmap (pdf). Check all the plenary sessions, industry meetings, executive meetings and specialized tracks that will take place.Monday, 12 March 2018CEIV Pharma Workshop (pdf)Cargo Products Workshop (pdf)FACES Agenda (pdf)Horizon Innovation Forum (pdf)Tuesday, 13 March 2018Opening plenary09:00 - 16:30Wednesday, 14 March 2018 Morning TracksPerishables Agenda (pdf) ULD Agenda (pdf)Cargo ...
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Industry leaders gather in the Lone Star state
From the desert oasis of Abu Dhabi in 2017 to a Texan treasure in 2018, the global airfreight industry’s annual conference forum will gather in Dallas for IATA’s 12th World Cargo Symposium (WCS), March 13-15, at the Hilton Anatole.IATA has promised that this year’s WCS will “continue to move the ...
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A great year but challenges ahead
Last year will go down as a great one for air cargo, with traffic increases outstripping capacity growth, and as we closed the year, IATA estimated that demand, measured in freight tonne kilometres (FTKs) grew by over 9% in 2017 compared with 2016, writes Glyn Hughes, head of cargo at ...
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Glyn Hughes says welcome to Dallas
Dallas is the host city for this week's IATA World Cargo Symposium. Glyn Hughes, IATA’s global head of cargo, sets out the agenda for the three-day event:The 12th World Cargo Symposium (WCS) will once again bring together more than 1,000 senior industry leaders, influencers and experts representing the entire supply ...
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Airfreight demand up 9% in 2017, strongest growth since 2010 says IATA
Global airfreight markets in 2017 saw demand grow by 9.0%, more than double the 3.6% annual growth recorded in 2016, and IATA expects a "very healthy 4.5% expansion" in 2018, measured in freight tonne kilometers (FTKs).IATA’s full year 2017 statistics show that airfreight capacity, measured in available freight tonne kilometers ...
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Aviation welcomes African open skies agreement
The African Union (AU) has launched the Single African Air Transport Market (SAATM) as it hopes to capitalise on the benefits brought by air transport.It is hoped that a single aviation market, launched yesterday at the AU Summit, will help promote trade, cross-border investments and create an additional 300,000 direct ...
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NewsAir cargo continues to improve in November while optimism for 2018 grows
Air cargo demand growth edged up in November despite a slowdown in October and indicators suggesting the sector has passed a cyclical growth peak.Figures from IATA show that air cargo traffic in freight tonne km (FTK) terms increased by 8.8% year on year in November compared with the 5.8% rise ...
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Slow progress of e-AWBs down to market growth
The slow growth of electronic air waybill (e-AWB) penetration in 2017 is down to the overall improvement in air cargo demand, according to IATA.Each year the airline association sets a target for e-AWB penetration, which in 2017 was expected to be missed by a wide margin.The target for 2017 was ...
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Air cargo set for another solid year in 2018
Air cargo is expected to have another "solid" year in 2018, although growth is expected to slow and there are some potential challenges ahead.Speaking at the IATA Cargo Media Day in Geneva, the airline association’s chief economist Brian Pearce said he expected e-commerce and inventory restocking to drive “good growth” ...
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Strong cargo growth will help airlines hike profits
IATA is forecasting a 4.5% rise in global cargo carried from 59.9m tonnes in 2017 to 62.5m tonnes in 2018 in its latest analysis, contributing to an improvement in overall airline profitability to $38.4bn compared with an expected $34.5bn this year.While the cargo growth foreseen is below the expected 9.3% ...
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Air cargo up 11% in July, but signs that growth may have peaked
Air cargo traffic increased again in July, compared with a year earlier, but airline organisation IATA has warned that there are a growing number of signs that improvements may have peaked.In total, air cargo traffic in freight tonne km terms increased by 11.4% year on year in July, while supply ...
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Qatar's Al Baker to chair IATA board of governors from 2018
Qatar Airways Group chief executive Akbar Al Baker has been elected chairman of the board of governors of IATA, effective June 2018.The rotating one-year term will commence at the end of IATA’s 2018 annual general meeting in Sydney and will continue until the end of its 2019 meeting.Outspoken Al Baker, ...
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New airline and forwarder air cargo program - IFACP - launches in Canada
Freight forwarder association FIATA and airlines' body IATA have launched their long-awaited Air Cargo Program (IFACP) in Canada.The programme, developed to meet the changing needs of the air cargo industry, will be rolled out globally following the Canadian pilot, and replaces the existing Cargo Agency Program. It will be managed ...
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NewsOptimistic IATA sees steady air cargo growth
Global freight tonne kilometres (FTKs) put in their strongest first-half performance for seven years, said IATA in its report for the first six months of 2017, published on 2 August.Traffic grew by 10.4% in the first half of 2017 compared to the first half of 2016, the best showing since ...
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A new book on ULD handling and safety
ULD CARE, a not-for-profit Canadian corporation, has published a new book, ULD Explained, aimed at promoting the correct handling of unit load device (ULD) containers.The book, available in eBook and hard copy formats, will promote greater awareness of the flight safety contribution of ULDs, the need for correct handling of ...
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WCS17: How air cargo can fight back to profitability
Air cargo can improve profitability levels by encouraging adherence to contracts, offering transparent pricing, developing joint global solutions, moving to a modern commerce business model and creating carrier partnerships.Speakers at an IATA World Cargo Symposium session on air cargo profitability largely agreed that capacity was set to continue to grow ...
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How smart ULDs and better data can help the cargo terminal of the future
Cargo warehouses of the future will have smart devices, smart people and technology-driven ULDs transformed from “dumb boxes” to interactive equipment.Those were some of the takeaways from the “cargo facility of the future” panel discussion at the World Cargo Symposium (WCS) in Abu Dhabi.The air cargo warehouse of the past ...