A record dynamic loadfactor and high airfreight rates on the world’s premier trade lanes in September showed the global air cargo market edging towards a sustainable recovery at the start of the traditional peak season, say leading industry analysts CLIVE Data Services and TAC Index. Chargeable weight in September rose 9 percentage points over last month, further narrowing the year-on-year gap to –15 percent. This is the fifth consecutive month of positive indicators since April 2020’s … [Read more...] about Global air cargo market continues uptrend in September
global air cargo
1 of every 20 air cargo, carried throughout the world, rises by Turkish Cargo
According to the data announced for May by the WACD (World Air Cargo Data), the international air cargo information provider, Turkish Cargo, the global air cargo brand, increased its market share to 5 percent and transported 1 of every 20 air cargo, carried throughout the world, in the industry where the global air cargo market has shrunk by 28.5 percent, resulting from the pandemic. During the course of the pandemic with its acute effects on a global scale, the global air cargo market was … [Read more...] about 1 of every 20 air cargo, carried throughout the world, rises by Turkish Cargo
Alaska forced to cut jobs as business slides
The continued slump in the global air cargo market has taken its toll on Alaska, with the Alaska International Airport System cutting positions at the airports in Anchorage and Fairbanks. “It has gotten to the point where the trimming of positions both inside and outside of the airport are noticeable,†said John Parrott, airport manager at Ted Stevens Anchorage International Airport. “We have as many as 50 vacancies that we are not refilling due to budgetary … [Read more...] about Alaska forced to cut jobs as business slides
