Press Release The International Air Cargo Association (TIACA) announced that Glyn Hughes will take the newly created role of director general. He will manage the team, work with the board of directors, the members and the industry partners to establish and implement TIACA’s vision and strategic objectives and advance the overall cargo agenda. Hughes is set to start his tenure at TIACA in February 2021. “Over the past year TIACA has fundamentally transformed itself which will enable the … [Read more...] about Glyn Hughes to join TIACA as its first director general
Regulators
IATA: Air cargo on recovery path, down 8 percent in September
Global cargo demand contracted 8 percent YoY (-9.9 percent for international operations) but grew 3.7 percent over the previous month in September, whilst global capacity shrank 25.2 percent YoY (28 percent for international operations), data from IATA showed. The shrink in capacity was three times larger than the contraction in demand, indicating a severe lack of capacity in the market, the trade group noted. Also read: Capacity crunch stalls air cargo demand in August Despite adding … [Read more...] about IATA: Air cargo on recovery path, down 8 percent in September
‘Dynamic load factors’ more realistic for air cargo, TIACA says
TIACA is calling for the use of the dynamic load factor methodology as the industry standard for measuring the utilisation of air cargo capacity. Introduced in 2019 by CLIVE Data Services, this methodology measures how full an aircraft is by considering both freight volume and weight. CLIVE and TIACA agree traditional weight-based load factors are “misleading” and paint an unnecessarily negative image of the airfreight industry. Also read: Global air cargo market continues uptrend in … [Read more...] about ‘Dynamic load factors’ more realistic for air cargo, TIACA says
Cold chain group, IATA agree on polishing pharma handling and transport standards
The Cool Chain Association (CCA) and the International Air Transport Association (IATA) have signed a memorandum of understanding (MOU) supporting the drive for the safe, sustainable transport of perishables and pharmaceuticals. CCA and IATA have joined forces as part of a common goal to improve the quality of the temperature-controlled supply chain by sharing feedback, experiences, knowledge, and best practice. Also read: IATA rolls out platform to show capacity and services availability … [Read more...] about Cold chain group, IATA agree on polishing pharma handling and transport standards
Capacity crunch stalls air cargo demand in August
Global air freight markets showed slow improvement amidst insufficient capacity, data from the International Air Transport Association (IATA) revealed. Asia Pacific airlines, in particular, saw air cargo demand fall 18.3 percent in August compared to the same period a year earlier, with capacity down 35 percent in the region. On a month-on-month basis, IATA said global demand moved slightly in a positive direction but at a slower pace than some of the traditional leading indicators would … [Read more...] about Capacity crunch stalls air cargo demand in August
AAPA’s Assembly of Presidents to meet in virtual format
The Association of Asia Pacific Airlines (AAPA) announced that the annual Assembly of Presidents, initially scheduled to take place in Japan in November, will now be conducted virtually due to ongoing travel restrictions and blanket quarantine requirements in the region. Commenting on the decision, Subhas Menon, AAPA’s director general, “We had very much hoped that we could hold a physical meeting in Japan this year, but unfortunately circumstances do not allow for this to happen. Borders … [Read more...] about AAPA’s Assembly of Presidents to meet in virtual format