The global air cargo market reported impressive growth last year, marking the first upswing in the market following a long period of stagnation. The result, fear many environmentalists, will lead not merely to the growth of the global air cargo market but also contribute significantly to the increase in CO2 emissions. Analysts predict that more emissions will be produced from freight cargo than passengers by 2050. The International Transport Forum (ITF) has provided figures estimating that … [Read more...] about Air cargo CO2 emissions to increase 411% by 2050
Emirates
Australia’s air freight services industry grew 3.2%
Revenue for operators in the air freight services industry in Australia has grown at a CAGR of 3.2 per cent over the past five years, and is now estimated to be to be worth US$3.3 billion, according to research firm IBISWorld. It says the industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8 per cent, aided by strong … [Read more...] about Australia’s air freight services industry grew 3.2%
Australia’s air freight services industry grew 3.2%
Revenue for operators in the air freight services industry in Australia has grown at a CAGR of 3.2 per cent over the past five years, and is now estimated to be to be worth US$3.3 billion, according to research firm IBISWorld. It says the industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8 per cent, aided by strong … [Read more...] about Australia’s air freight services industry grew 3.2%
SkyCargo’ all-in rates welcomed by forwarders
The British International Freight Association (BIFA) has welcomed SkyCargo’s move to return to an all-in pricing on air freight shipments to and from Europe from 1st of February and on the airline's global network from 1st of March. The cargo arm of Dubai-based Emirates said the single “all-in” charge would be based on weight plus the current fuel and security fees. This would eliminate the present setup of a base rate plus surcharges for fuel and security. The new policy … [Read more...] about SkyCargo’ all-in rates welcomed by forwarders
SkyCargo’ all-in rates welcomed by forwarders
The British International Freight Association (BIFA) has welcomed SkyCargo’s move to return to an all-in pricing on air freight shipments to and from Europe from 1st of February and on the airline's global network from 1st of March. The cargo arm of Dubai-based Emirates said the single “all-in” charge would be based on weight plus the current fuel and security fees. This would eliminate the present setup of a base rate plus surcharges for fuel and security. The new policy … [Read more...] about SkyCargo’ all-in rates welcomed by forwarders
Half-year airfreight volume up at Emirates
Emirates announced its half-yearly results which show steady performance and growth, despite a challenging business environment. In the first half of its financial year 2014-15, Emirates Airlines’ volume of cargo uplifted was up by 5.4 per cent. It also reported continued business growth, both in terms of capacity on offer and traffic carried. Capacity measured in ASKM, grew by 6.5 per cent, whilst passenger traffic carried measured in RPKM was up 9.8 per cent with Passenger Seat … [Read more...] about Half-year airfreight volume up at Emirates
