The International Air Transport Association (IATA) released data for global air freight markets showing that demand rose 8.5% in April 2017 compared to the same period last year; measured in freight tonne kilometers (FTKs). While this was down from the 13.4% year-on-year growth recorded in March 2017, it is well above the average annual growth rate of 3.5% over the past five years. Growth in freight capacity, measured in available freight tonne kilometers (AFTKs), … [Read more...] about Despite demand easing, growth rates are more robust
FTK
Global air cargo demand stagnating: IATA
The latest data from the International Air Transport Association (IATA) shows a further slowdown in global air freight demand in June. Air freight volumes measured in freight tonne kilometers (FTK) rose just 1.2 per cent compared to a year ago. This is consistent with falling trade activity and weaker than expected global growth. Regional performance varied widely. Asia-Pacific, North American and Latin American carriers reported year-on-year declines (-0.3, -3.3, and -1.6 per cent … [Read more...] about Global air cargo demand stagnating: IATA
May cargo demand up 2.9% for Asian carriers
Preliminary figures for the month of May released by the Association of Asia Pacific Airlines (AAPA) showed further gains in air cargo markets. Air cargo demand, in freight tonne kilometre (FTK) terms, increased by 2.9 per cent, whilst offered freight capacity grew by 5.1 per cent, leading to a 1.4 percentage point decrease in the average international freight load factor to 63.5 per cent for the month. Commenting on the results, Andrew Herdman, AAPA director general said: "International … [Read more...] about May cargo demand up 2.9% for Asian carriers
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
APAC air cargo markets grow in April
Preliminary traffic figures for the month of April released by the Association of Asia Pacific Airlines (AAPA) showed encouraging growth in both international passenger and air cargo markets. Air cargo markets continued to grow, in spite of April being a seasonally subdued month. In freight tonne kilometre (FTK) terms, demand was 3.7 per cent higher than the same month last year. Offered freight capacity expanded by 4.7 per cent, leading to a slight 0.6 percentage point decline in the … [Read more...] about APAC air cargo markets grow in April
Schiphol tonnages hit by slowing Chinese output
Amsterdam Airport Schiphol’s cargo throughput totalled 385,842 tonnes in the first three months of 2015, down 1.8 per cent on 2014. Reductions in cargo to and from Asia and Europe accounted for the drop, the first quarterly fall in almost two years. While January (-2.3 per cent) and February (+2.1 per cent) tonnages maintained the previous year’s levels and smoothed the effect of the shift in dates of the Chinese New Year between 2014 and 2015, it was March’s decline … [Read more...] about Schiphol tonnages hit by slowing Chinese output
