European airlines saw their cargo volumes fell 20.7 per cent in June compared to last year, according to the Association of European Airlines (AEA). The association also noted an accelerating decline in European air trade with Asia Far East and Australasia, with traffic falling 24.9 per cent compared to a year ago. Freight traffic for the first six months this year was down 22.1 per cent for the European airlines, including a 27.1 per cent drop in Asia trade compared to the first half of … [Read more...] about EUROPE & CIS: European air cargo falls 20.7% in June
cargo volumes
HK’s cargo volumes continue to slide
Hong Kong Air Cargo Terminals Limited (Hactl) said it handled a total of 133,624 tonnes of cargo in February, down 22 per cent year-on-year. Import volume for February was 38,587 tonnes, down 20 per cent against February last year while exports were down 25.3 per cent year-on-year for a total of 64,546 tonnes. Exports to Europe were particularly weak, with a significant decline of 37.7 per cent. Cumulative tonnage for the first two months of the year was 276,378 tonnes, down 26.9 per cent … [Read more...] about HK’s cargo volumes continue to slide
HK's cargo volumes continue to slide
Hong Kong Air Cargo Terminals Limited (Hactl) said it handled a total of 133,624 tonnes of cargo in February, down 22 per cent year-on-year. Import volume for February was 38,587 tonnes, down 20 per cent against February last year while exports were down 25.3 per cent year-on-year for a total of 64,546 tonnes. Exports to Europe were particularly weak, with a significant decline of 37.7 per cent. Cumulative tonnage for the first two months of the year was 276,378 tonnes, down 26.9 per cent … [Read more...] about HK's cargo volumes continue to slide
Pax numbers fair better than cargo at Changi
Despite the global economic slowdown in the second half of 2008, Singapore Changi Airport handled a higher volume of passenger traffic, with 37.7 million passenger movements handled in 2008, up 2.7 per cent from 2007. But the impact on cargo was more pronounced where, compared to 2007, airfreight movements dipped 2 per cent to register 1.86 million tonnes in 2008. ¡°Despite the difficult economic climate, Changi Airport has performed commendably in 2008," said Cival Aviation Authority of … [Read more...] about Pax numbers fair better than cargo at Changi
AAPA figures reveal “shocking” cargo decline
Recently released figures from the Association of Asia Pacific Airlines (AAPA) indicate that international air cargo traffic for 2008, expressed in freight tonne kilometres (FTKs), suffered a 6.1 per cent decline and while member airlines reduced cargo capacity significantly, the average cargo load factor for the year still fell by one percentage point to 65.6 per cent. The AAPA members carried 141.5 million international passengers in 2008, 1.8 per cent fewer than the record levels achieved in … [Read more...] about AAPA figures reveal “shocking” cargo decline
Plummeting volumes for JAL and ANA
Japan Airlines, Asia¡¯s biggest air carrier, said international cargo volume declined for five months in a row to November, when volume plummeted 25.1 per cent to 47,000 tonnes. During the first eight months of the fiscal year 2008, which started in April, international volume totaled 434,943 tonnes, down 7.8 per cent from the same period a year earlier. By comparison, JAL's domestic cargo in November increased 13 per cent on-year and year-to-date. Japan¡¯s second-largest airline, All Nippon … [Read more...] about Plummeting volumes for JAL and ANA
