IATA: Air cargo volumes predicted to rise 5.8% in 2025
Air cargo volumes are predicted by IATA to rise by 5.8% year on year to reach 72.5m tonnes in 2025, supported by e-commerce and Red Sea-related demand.
Air cargo avoids crazy peak season despite continued growth in November
Air cargo demand continued to increase at double-digit percentage levels in November but the industry managed to avoid supply chain chaos despite the rapid growth.
Asia Pacific now accounts for more than 40% of all air cargo
The Asia Pacific region now generates 41% of all air cargo volumes as manufacturing in the region continues to grow, according to new research from data provider WorldACD.
IATA: Air cargo demand robust in October but outlook less positive
Air cargo volumes remained robust in October as traffic was up year on year for the fifteenth consecutive month but the coming 12 months should be viewed with caution, according to IATA.
Weaker than expected peak sees lower increase in Hong Kong airfreight rates
Airfreight rates on major trades out of Hong Kong picked up in November for the peak season, although the rate of change lags behind historical levels.
Transatlantic air cargo rates increase as passenger airlines reduce services
While rates out of Asia have been flatter than expected in recent weeks, prices on the transatlantic trade lane have taken off as passenger airlines have been reducing belly capacity in line with the quieter winter season and Guarulhos International Airport (GRU) has been hit with congestion.
Flatlining APAC rates reflect a quieter than expected peak season
Only a few months ago, the air cargo industry was preparing for what was expected to be a busy peak season out of Asia. However, the flatlining of airfreight rates out of the Asia Pacific region in recent weeks appears to confirm that while the industry remains busy, the peak ...
Belly cargo leads volume growth at Vienna Airport
Vienna Airport has registered a double-digit increase in cargo volumes over the first nine months of the year.
Spot rates rise as peak season builds
Spot rates are elevated globally and are up 25% year on year (YoY) out of Asia Pacific in particular, as the fourth quarter peak season continues.
Boeing predicts 3,900 freighters by 2043
The global air cargo fleet is forecast to rise to 3,900 freighters by 2043, an approximate 66% increase from 2,340 cargo aircraft in 2023.
Narrowbody freighter conversions slowing down
The rate of narrowbody passenger to freighter (P2F) conversions is slowing down although growth still outpaces widebody freighter conversions, recently released fleet data shows.
Air France KLM Cargo eyes Asia as performance improves in Q3
Air France KLM Martinair Cargo recorded improvements in cargo volumes, revenues and yield in the third quarter as it benefitted from rising demand out of Asia Pacific.
Charter demand boosts Cargojet's performance in Q3
Demand for charter operations helped boost revenues for Canada-based freighter operator Cargojet in the third quarter of the year.
DHL Global Forwarding sees Q3 airfreight revenues rise but profits under pressure
DHL Global Forwarding saw its air cargo volumes and revenues rise in the third quarter led by trades out of Asia but gross profits came under pressure due to rising rates.
