Shanghai Pudong Int’l Airport Cargo Terminal Co., Ltd (PACTL) has continued its growth path after recording the strongest annual results in the company’s history. It achieved tonnage growth of 12.73 per cent year-on-year and handled 362,497 tonnes during the first three months of 2015; this result, the best in any first quarter, was particularly driven by an increase in import business. PACTL’s import cargo volumes increased by 15.97 per cent year-on-year to a total figure … [Read more...] about PACTL registers strong Q1 results
FTK
IATA: CNY, US port delay boost Feb air freight
The International Air Transport Association (IATA) released February data for global air freight markets showing a sharp increase in year-on-year air freight volumes. Growth measured by freight tonne kilometers (FTK) was up 11.7 per cent in February, compared to February 2014. Capacity grew 7.4 per cent. Much of the impressive February result is due to the timing of the Lunar New Year activities. Air freight is given a strong boost in the weeks leading up to the holiday, which last year fell … [Read more...] about IATA: CNY, US port delay boost Feb air freight
Asia Pacific air cargo still surging
Turning to the preliminary traffic figures for the month of February released by the Association of Asia Pacific Airlines (AAPA), the data showed strong growth in both international air passenger and air cargo markets. International air cargo demand, as measured in FTK, registered a hefty 20.5 per cent jump in February, outpacing a 12.6 per cent increase in offered freight capacity, which resulted in a 4.2 percentage points increase in the average international freight load factor, to 65.2 … [Read more...] about Asia Pacific air cargo still surging
APAC airlines see 2014 revival in cargo demand
Preliminary figures for the full calendar year 2014 released by the Association of Asia Pacific Airlines (AAPA) showed air cargo markets experienced an encouraging revival in demand after three consecutive years of declines. An upsurge in exports from manufacturing hubs in the region led to a rebound in international air cargo markets in 2014, with demand as expressed in freight tonne kilometre (FTK) terms growing by a solid 5.4 per cent compared to the previous year. Available freight … [Read more...] about APAC airlines see 2014 revival in cargo demand
IATA: US and Asia Pacific lead revival of 5.4%
Freight tonne kilometres (FTK) in October have seen a year-on-year rise of 5.4 per cent because of improving economic conditions in the US and strong trade in Asia Pacific, according to the International Air Transport Association (IATA) airlines financial monitor. The region seeing the largest rise in FTK in October was the Middle East, up 13 per cent. Africa saw the next highest rise of 9.6 per cent, followed by Asia Pacific at 6.7 per cent. Latin America was up 4.1 per cent, followed by North … [Read more...] about IATA: US and Asia Pacific lead revival of 5.4%
AAPA reports 5.3% rise in September cargo traffic
September figures from the Association of Asia Pacific Airlines (AAPA) show steady growth in air freight demand. The ongoing pick up in international trade saw further growth in exports from key Asian manufacturing centres, helping to underpin a 5.3 per cent increase in international air freight demand, as measured in freight tonne kilometres (FTK). Combined with a 4 per cent growth in offered freight capacity, the average international freight load factor edged 0.8 percentage points higher … [Read more...] about AAPA reports 5.3% rise in September cargo traffic
