Air freight in Asia-Pacific experienced marginal growth of 2.6 per cent year-over-year for the month of April, reported Airports Council International (ACI). The slowing down in freight volumes reflected weaker demands from Europe and slowdown across Asian export markets. The Middle East sustained strong growth at 14.5 per cent due to expansion in both capacity and network. Among major cargo airports in the region, New Delhi (DEL) led Asia-Pacific with the highest growth rate at 19 per cent … [Read more...] about APAC airports report marginal growth in April
Asia Pacific
IATA: Airfreight momentum slows
The International Air Transport Association (IATA) released data for global air freight markets showing a 3.3 per cent increase in cargo volumes (freight tonne kilometers or FTKs) in April 2015 compared to April in the previous year. While there is growth compared to the same month in 2014, there has been no actual growth in aggregated global cargo volumes since late last year. At a regional level, only the Asia-Pacific and Middle Eastern airlines reported growth in April. North American … [Read more...] about IATA: Airfreight momentum slows
Airfreight yields continue to drop
WorldACD reported global airfreight volume in April increased by 3.3 per cent year-over-year (YoY), slightly lower than the growth in Q1, with the origin Europe (4.1 per cent) and the destination North America (12.6 per cent) as the best performing areas. Yields continued to drop: measured in USD, they have now lost almost 11 per cent of their early 2014-values. Excluding surcharges, however, yields in USD increased by 1.4 per cent YoY during the first four months of 2015. In line with … [Read more...] about Airfreight yields continue to drop
ACI: Slowed air freight growth in March
According to the latest statistics from Airports Council International (ACI) World, global air freight volumes grew 1.4 per cent for the month of March, although the first quarter saw an overall increase of 4.7 per cent year over year. The slowed growth in March comes after the upsurge in February due to the Lunar New Year and the modal shift towards air transport resulting from congestion at sea ports along the western coast of the United States. Growth rates across the globe were mixed … [Read more...] about ACI: Slowed air freight growth in March
IATA reports 4.2% rise in Nov air freight
The International Air Transport Association (IATA) reported November 2014 data for global air freight markets showing that demand measured in freight tonne kilometers (FTK) grew 4.2 per cent compared to November 2013. Capacity grew by 3.3 per cent over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8 per cent. The most significant growth was recorded by carriers in the Asia-Pacific and Middle East regions, at 5.9 per cent and 12.9 per cent, … [Read more...] about IATA reports 4.2% rise in Nov air freight
Rebound for freight traffic in 2014
World scheduled freight traffic, measured in freight tonne-kilometres (FTKs), grew strongly by 4.6 per cent in 2014, a rebound from the 0.4 per cent growth rate registered in 2013, according to preliminary figures on scheduled services released today by the International Civil Aviation Organization (ICAO). This is a reflection of improvement in world trade. The Asia/Pacific was the world’s largest air freight market in 2014 with a 40 per cent share in terms of world FTKs. Europe … [Read more...] about Rebound for freight traffic in 2014
