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
Airports Council International
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
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
ICAO reaches agreement on CO2 emissions standard
Governments, industry and environmental groups meeting at the International Civil Aviation Organisation (ICAO) have finalised the design of the first global certification standard for CO2 emissions from new aircraft. The new environmental standard was unanimously recommended by the 170 international experts on ICAO's Committee on Aviation Environmental Protection (CAEP), paving the way for its ultimate adoption by the UN agency's 36-State Governing Council. The standard, which has taken six … [Read more...] about ICAO reaches agreement on CO2 emissions standard
Nov cargo declines in 7 of 10 largest freight markets: ACI
Global air freight markets show volumes in decline by 1.3 per cent in November 2015, thereby removing the optimism from the first half of the year, said the Airports Council International in releasing its monthly statistics. The continuing lethargy on the cargo side contrasted sharply with the passenger figures which sowed a global growth of 6.2 per cent. In the last four months, air freight plunged into the negative territory twice—in August (-0.4 per cent) and in November (-1.3 per cent). This … [Read more...] about Nov cargo declines in 7 of 10 largest freight markets: ACI
Asia Pacific cargo inches up 0.5 per cent in Sept
Global air freight markets remain relatively weak as compared to passenger traffic which saw a 6.0 per cent growth in September year-on-year, according to the latest statistics from the Airports Council International (ACI). An emerging market slowdown led by China has resulted in more subdued growth in air freight volumes across the world's markets with global air freight volumes increasing by just 1.4 per cent year-on-year for the month of September. On a year-to-date basis, volumes rose by … [Read more...] about Asia Pacific cargo inches up 0.5 per cent in Sept
