For the second month in a row, global air freight traffic grew 5.9 per cent in September, with international freight exceeding domestic freight growth (+7 per cent versus +3.3 per cent respectively). Accumulated air freight volumes inched up 1.8 per cent since the beginning of the year, according to the latest statistics from the Airports Council International (ACI). The September growth was mainly due to a strengthening of the international freight market (+7.0 per cent) and the surge in … [Read more...] about Air cargo volumes up in Sept for second consecutive month: ACI
ACI
Varied growth across global freight markets: ACI
A 3.9 per cent growth in international freight during the month of July inspired some optimism, the Airports Council International (ACI) said in its latest traffic update, even though the year-to-date figure for both international and total freight was below 1.0 per cent. International freight in Asia-Pacific, Europe and North America—the three largest international air freight markets—grew 5.3 per cent, 1.0 and 6.7 per cent respectively. Domestic air freight traffic was much weaker during … [Read more...] about Varied growth across global freight markets: ACI
Asia-Pacific ekes out 1.4% cargo growth in May
Airports in the Asia-Pacific region reported marginal increases in total air freight of +1.4 per cent in May 2016 whereas the Middle East reported moderate growth at +3.3 per cent. The global trade growth remained sluggish and the cargo load factor continued to exhibit weakness, the Airports Council International (ACI) said in its latest statistical release. The top three freight hubs in the Asia-Pacific all delivered mild increase/ declines from last year: Hong Kong (HKG) -1.1 per cent, … [Read more...] about Asia-Pacific ekes out 1.4% cargo growth in May
Subdued global trade continues to depress cargo: ACI
The latest figures from the Airports Council International (ACI) show a marginal growth in total air freight traffic worldwide, up 1.1 per cent in March 2016 as compared to the previous year, but largely sustained by domestic growth. International freight traffic dropped by 2.1 per cent whereas domestic freight traffic increased by a full 9.0 per cent. Accumulated freight traffic for the first quarter of 2016 shows no increase in volumes as compared to the previous year. International freight … [Read more...] about Subdued global trade continues to depress cargo: ACI
ACI’s airport rankings for 2015 show top three cargo airports remain unchanged
Based on reports from 1,144 airports worldwide, Airport Council International's (ACI) preliminary traffic results for world airports in 2015 reveals that the world's largest air cargo hub continued to be Hong Kong (HKG, +0.4 per cent) with Memphis (MEM, +0.8 per cent) in the second spot followed by Shanghai's PVG (+2.9 per cent). Despite apparent pockets of weakness in the air cargo markets, Chicago’s ORD experienced robust growth of 15.6 per cent in 2015. With recently expanded air cargo … [Read more...] about ACI’s airport rankings for 2015 show top three cargo airports remain unchanged
Global cargo growth barely ekes out 2.3% growth in 2015
While global passenger traffic grew by 5.9 per cent in the month of December 2015 and by 6.1 per cent for the period from January to December 2015, global air freight markets were substantially weaker, coming to the finish line with a modest 2.3 per cent growth in total freight, according to the Airports Council International (ACI). This modest growth was largely due to subdued growth in emerging markets and developing economies, along with a more modest recovery in advanced economies, ACI … [Read more...] about Global cargo growth barely ekes out 2.3% growth in 2015