The air cargo industry plays a major role in the UK economy: according to a report issued by the Airports Commission in 2015, around 40% by value of the UK’s trade outside the EU is transported by air, with the total value of tradable goods through UK airports exceeding £140 billion in 2014. The new CCS-UK capability is designed to prevent the catastrophic impact of a major system failure, which would cause cargo backlogs and mayhem at UK airports, and cost the economy tens of millions of … [Read more...] about BT & CCS-UK collaborate to keep UK air freight moving
ANALYSIS
BT & CCS-UK collaborate to keep UK air freight moving
The air cargo industry plays a major role in the UK economy: according to a report issued by the Airports Commission in 2015, around 40% by value of the UK’s trade outside the EU is transported by air, with the total value of tradable goods through UK airports exceeding £140 billion in 2014. The new CCS-UK capability is designed to prevent the catastrophic impact of a major system failure, which would cause cargo backlogs and mayhem at UK airports, and cost the economy tens of … [Read more...] about BT & CCS-UK collaborate to keep UK air freight moving
Connected logistics market worth US$41.30 billion by 2021
According to a new market research report "Connected Logistics Market by Software (Asset Management, Warehouse IoT, Security, Network Management, Data Management, and Streaming Analytics), Platform, Service, Transportation Mode, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size is pected to grow from US$10.04 billion in 2016 to US$41.30 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.7 percent. The major drivers include an upsurge … [Read more...] about Connected logistics market worth US$41.30 billion by 2021
Strong year for aviation despite terrorism, geopolitics and economic uncertainty
Whether it was caused by Brexit, the American presidential election, or the hostilities in Syria, the spectre of economic uncertainty permeated the global economy and the aviation sector throughout 2016. The increased rhetoric about protectionist policies in some Western countries also threatens the trend toward increased air service liberalization, otherwise known as Open Skies. Yet, aviation is characterized by its ability to adapt and recover from adversity irrespective of the … [Read more...] about Strong year for aviation despite terrorism, geopolitics and economic uncertainty
Asia Pacific Airlines traffic results for January 2017
Preliminary traffic figures for the month of January released by the Association of Asia Pacific Airlines (AAPA) showed a good start to the year, with further growth in both international air passenger and air cargo markets. For the region’s carriers, the increase in leisure travel demand leading up to the Lunar New Year festive period helped underpin 7.7 percent growth in international air passenger numbers to a total of 26.8 million for the month. Demand in revenue … [Read more...] about Asia Pacific Airlines traffic results for January 2017
Traffic growth and airline profitability were highlights of air transport in 2016
Preliminary figures released by the International Civil Aviation Organization (ICAO) indicated that the total number of passengers carried on scheduled services reached 3.7 billion in 2016, a 6.0 per cent increase over last year. The number of departures rose to approximately 35 million globally, and world passenger traffic, expressed in terms of total scheduled revenue passenger-kilometres (RPKs), posted an increase of 6.3 per cent, with approximately 7,015 billion RPKs performed. … [Read more...] about Traffic growth and airline profitability were highlights of air transport in 2016
