Cargo at London Heathrow airport grew 3.3 per cent to 115,847 tonnes in January, compared with the same month in 2014. The January results included increases of 54.0 per cent to Mexico, 28.6 per cent to Brazil, 11.3 per cent to India and 11.2 per cent to Turkey. In the 12 months from February 2014 to January 2015, cargo was up 5.2 per cent to just over 1.5m tonnes. … [Read more...] about Heathrow sees 3.3% cargo growth in January
Airports
Australia’s air freight services industry grew 3.2%
Revenue for operators in the air freight services industry in Australia has grown at a CAGR of 3.2 per cent over the past five years, and is now estimated to be to be worth US$3.3 billion, according to research firm IBISWorld. It says the industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8 per cent, aided by strong … [Read more...] about Australia’s air freight services industry grew 3.2%
Australia’s air freight services industry grew 3.2%
Revenue for operators in the air freight services industry in Australia has grown at a CAGR of 3.2 per cent over the past five years, and is now estimated to be to be worth US$3.3 billion, according to research firm IBISWorld. It says the industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8 per cent, aided by strong … [Read more...] about Australia’s air freight services industry grew 3.2%
Sept best month this quarter: WorldACD
September turned out to be the best month of this year's third quarter according to the latest statistics from WorldACD, with a worldwide volume growth of 1.9 per cent year-on-year (YoY) and a modest month-over-month (MoM) yield increase (in USD) of 0.4 per cent, the first such improvement since last February. The origin Africa trade continued to lead with a volume growth of four per cent, similar to this month's growth for the origins Europe and Asia Pacific. The Gulf Area recorded a volume … [Read more...] about Sept best month this quarter: WorldACD
Turkish Cargo opens new terminal at Istanbul
With the launch of a new cargo terminal at Istanbul, Turkish Cargo’s operational processes have been redesigned and service quality has been maximised. The new facility features bigger floor area to accelerate cargo admission and operational processes; 39 special cargo storage areas in different types and sizes; and higher quality security system. Annual tonnage capacity of the terminal is 1.2 million tonnes. Total floor area used (airside and landside): 71,000m², closed warehouse … [Read more...] about Turkish Cargo opens new terminal at Istanbul
Air cargo ends 2014 up 4.5% on 2013: IATA
The International Air Transport Association (IATA) released full-year air cargo data for 2014 showing 4.5 per cent demand growth compared to 2013 measured by freight tonne kilometres (FTKs), marking a "significant acceleration" from the 1.4 per cent recorded in 2013 over 2012. IATA said the air cargo market expansion gathered momentum as 2014 progressed with the year finishing on a positive note as growth in December accelerated to 4.9 per cent, compared to December 2013. The vast … [Read more...] about Air cargo ends 2014 up 4.5% on 2013: IATA