IATA – Page 16
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Air cargo on the up in May, but growth could have peaked
Airfreight demand growth improved at a double-digit pace in May, but indicators suggest improvements have peaked.The latest statistics from airline association Iata show that air cargo demand in freight tonne km terms increased by 12.7% year on year in May, up from the 8.7% registered in April and well ahead ...
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WCS17: IATA optimistic on growth but issues warning over protectionism
IATA director general and chief executive Alexandre de Juniac kicked off the 2017 World Cargo Symposium by speaking of the organisation’s optimism about demand growth but also warned that challenges remain.Providing a state of the industry outlook, de Juniac begin by outlining his “optimistic view” for future growth in air ...
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IATA prioritises quality in difficult times
Speaking at The 10th annual World Cargo Symposium (WCS) being held in Berlin this week (15-17 March), the director general and CEO of IATA, Tony Tyler, has called for further transformation in the airfreight sector, and pointed to greater quality of service as what he believes should be the priority ...
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WCS17: Disruptors and Trump on the Abu Dhabi agenda
Transform today: shape tomorrow, that is the theme of IATA’s 11th World Cargo Symposium (WCS), which takes place in Abu Dhabi, March 14-16.After the success of Berlin in 2016, IATA wants to move the air cargo industry “from talk to action”.Three days of debate at the Abu Dhabi National Exhibition ...
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WCS17: Innovation, building windmills in Abu Dhabi
Fasten your cargo seatbelts, we’re heading for a digital tornado as the airfreight industry embraces technological change.That was the clear message from the horizon innovation forum held in Abu Dhabi on the eve of the opening of today’s IATA World Cargo Symposium 2017 at the ADNEC exhibition and conference centre.The ...
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WCS17: Optimism but beware potholes the size of a politician's ego
If you need one word to sum up the mood music of the first day of IATA’s World Cargo Symposium in Abu Dhabi, then that word is optimism, albeit with a few caveats circling overhead.The contrasting key factors discussed during the launch day’s plenary session included: trade protectionism, a growing ...
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IATA calls for cargo transformation
At the 73rd IATA General Meeting and World Air Transport Summit in Cancun, Mexico, a resolution has been adopted to “accelerate the modernisation and transformation of the air cargo industry” through a customer-centric approach.Measures covered by the resolution include digitisation of the supply chain for instant information sharing to improve ...
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WCS17: Air cargo digital disruption takes centre stage
The digitisation of air cargo is a hot topic at the moment and day two of IATA’s World Cargo Symposium began with a call for software providers to push carriers and forwarders to speed up their adoption of digital technology.To start the digitisation session, Mercator chief executive Cormac Whelan said ...
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April freight growth tails off but IATA remains upbeat
Global air freight tonne kilometres (FTKs) rose 8.5% in April 2017 compared to last year, said IATA in its latest figures.While this was down from March’s 13.4% year-on-year growth, it is well above the average annual growth rate of 3.5% over the past five years.Meanwhile, growth in freight capacity, measured ...
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E-AWB usage finally breaches 50% mark
Electronic Air Waybill (e-AWB) penetration finally breached the 50% mark in April as more than 730,000 of the digital documents were processed.The latest IATA figures show that April’s e-AWB penetration level on feasible trade lanes edged up by 1.3 percentage points compared with March to reach 50.7%, exceeding the 50% ...
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Goh Choon Phong new IATA chairman
Singapore Airlines chief executive Goh Choon Phong has become the 76th chairman of the IATA board of governors, effective June 6, succeeding International Airlines Group chief executive Willie Walsh in the role.Goh said: “While the industry’s global profitability may be strengthening, there is more work to be done as it ...
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Industry-wide data platform an inevitability
The air cargo industry should develop a sector-wide data system if it is to meet shipper to demand for end-to-end supply chain visibility.Speakers at the innovation in air cargo session at Air Cargo Europe agreed that creating supply chain efficiencies through digital solutions would be a key demand from shippers ...
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IATA's STB Cargo to push on industry transformation
IATA’s recently created Simplifying The Business (STB) Cargo project will aim to push industry transformation in the areas of visibility, processes and booking.Speaking at an Air Cargo Europe conference session, Celine Hourcade, head of cargo transformation at IATA, said STB Cargo had been developed out of the flagship IATA STB ...
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Air cargo demand growth reaches six year high
Air cargo traffic grew at its fastest rate since late 2010 in March as the industry continues to benefit from an uptick in world trade and export orders.The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, ...
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IATA implements CASS in Russia
IATA has confirmed the “successful implementation” of its Cargo Accounts Settlement Systems (CASS) in Russia, achieved in partnership with the Russian bank VTB and with the national flag-carrier Aeroflot.CASS is designed to simplify the billing and settlement of accounts between airlines and freight forwarders.It operates through CASSlink, which IATA describes ...
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E-AWB use sees slight decline in February
Electronic air waybill (e-AWB) penetration of the market tailed off slightly in February, according to the latest IATA monthly report. The figure for the month was 0.3% down on January, according to the association’s latest figures.eAWB volume in February was 639,419 while in January it was 639,540.Nevertheless, IATA has set ...
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A tale of two airports: Heathrow and Schiphol
It was a tale of two cities and their airports, when the cargo chiefs of Amsterdam-Schiphol and London Heathrow took to the stage in Abu Dhabi for the IATA World Cargo Symposium.The theme was “It takes a village”, with Jonas van Stekelenburg, head of cargo at Schiphol, seated alongside Nick ...
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WCS17: Quality group calls in the auditors
The IATA quality standards group, Cargo iQ has appointed SGS to run its member Audit and Certification Scheme.It will be the first time that Cargo iQ has worked with external auditors. Members have previously been audited internally, by the Cargo iQ’s own management team.Members will be audited to demonstrate, through ...
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WCS17: ULD firm ACL unveils plans to double size of business
ULD firm ACL Airshop has unveiled ambitious plans to double the number of container stations it runs around the world.At a press conference at the IATA World Cargo Symposium, the Greenville-headquartered company revealed that its investors were backing the company to increase the number of stations it operates from 37 ...
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WCS17: Incorrectly loaded ULDs in the frame for damage to aircraft
Mishandled Unit Load Devices (ULDs) are the second highest cause of damage to aircraft, while incorrect loading of cargo on an aircraft is reported on average 16 times per day.Bob Rogers, senior advisor, Nordisk Aviation Products, told the IATA World Cargo Symposium in Abu Dhabi that incidents of cargo shifting ...