Boeing predicts world air cargo traffic to grow at 4 percent per year over the next 20 years, influenced by trade and growing express shipments to support e-commerce, according to its newest forecast. The report said Asia will continue to lead the world in average annual air cargo growth, with domestic China and intra-East Asia and Oceania markets expanding 5.8 percent and 4.9 percent per year, respectively. The East Asia–North America and Europe–East Asia markets will grow slightly faster … [Read more...] about Air cargo to grow 4 percent yearly until 2039, according to Boeing
air cargo traffic
IATA: Air cargo steadily recovers as manufacturing output and export orders pick up
Data released by the International Air Transport Association (IATA) show global air cargo traffic in July dropped 13.5 percent compared to last year, which was a mild improvement from the 17.6 percent shortfall in June. Air cargo traffic for July was weaker than expected, but new export orders and manufacturing output are indicating signs of improvement for air cargo in the coming period. The Purchasing Managers’ Index (PMI)—an indicator of economic health in the manufacturing … [Read more...] about IATA: Air cargo steadily recovers as manufacturing output and export orders pick up
Association of Asia Pacific Airlines releases August traffic results
The Association of Asia Pacific Airlines (AAPA) has released its preliminary traffic figures for the month of August, which showed encouraging growth in international air passenger demand. Meanwhile, the solid expansion in international air cargo markets continued unabated. Growth in both markets was supported by high business confidence levels across the services and manufacturing sectors in major advanced and emerging economies. This month also saw the region's … [Read more...] about Association of Asia Pacific Airlines releases August traffic results
Turkish Airlines keeps growth firmly in its sights
The global recession seems to have had no impact on its operations – the airline carried 3.1 million passengers in the first two months of the year, a rise of 9 per cent from a year earlier and cargo too is up 3.4 per cent, emphasising just what the carrier’s CEO, Temel Kotil, had told PayloadAsia in Delhi, a few months ago. On the eve of launching the daily services from Delhi and Mumbai to Istanbul, Dr Kotil had said that there had been no reduction in the … [Read more...] about Turkish Airlines keeps growth firmly in its sights
