Asia Pacific’s airlines saw demand for international air cargo rise 10.5 percent in February compared to the same month in 2019 according to the latest data from International Air Transport Association (IATA). As the main global manufacturing hub, the region has benefited from the pickup in economic activity. IATA said demand in the majority of the region’s key international trade lanes has returned to pre-Covid-19 levels. International capacity remained constrained in the region, down … [Read more...] about IATA: Asia Pacific air cargo demand up 10.5 percent in Feb
IATA
Nippon Express hub in Narita secures pharma certification
Nippon Express has obtained its CEIV Pharma certification from IATA for its Narita temperature-controlled hub (NTCH), including transport operations between the facility and Narita Airport (NRT), effective 15 March. Nippon said it began seeking certification in March 2019 with the airport community at NRT and with Narita International Airport Corporation's assistance has now obtained certification as a forwarder in the community. This is the second pharmaceutical-related quality … [Read more...] about Nippon Express hub in Narita secures pharma certification
IATA’s chief economist Pearce to retire in July
Chief economist Brian Pearce will retire from the International Air Transport Association (IATA) in July 2021, after 17 years with the trade association, and a recruitment process has been launched, a press release confirmed. Since joining the organisation in 2004, Pearce, who also serves on the strategic leadership team, has built IATA’s evidence-based economic analysis capabilities into the most authoritative source of insight on aviation’s global performance. Alexandre de Juniac, IATA’s … [Read more...] about IATA’s chief economist Pearce to retire in July
WHO faces ‘outrageous’ air freight rates for vaccine-related shipments
The World Health Organisation’s logistics chief last week complained about “outrageous” airfreight charges for vaccine-related consignments as lack of capacity has driven prices up amidst the pre-holiday rush. Paul Molinaro, WHO chief of operations support and logistics, told Reuters that “across the board” increases in airfreight rates could make the movement of vaccines to emerging nations more difficult. He cited rates for the movement of dry ice needed to maintain vaccines at cold … [Read more...] about WHO faces ‘outrageous’ air freight rates for vaccine-related shipments
Travel demand likely to rebound with ‘conducive’ conditions, AAPA says
With cross-border travel effectively grounded, the Assembly of Presidents of the Association of Asia Pacific Airlines (AAPA) highlighted survival and continuity during their virtual meeting on 13 November. The Assembly concluded with AAPA, IATA and ACI Asia-Pacific jointly declaring their solidarity and commitment to work with governments to revive air travel. Industry The health crisis has triggered unimaginable losses for airlines exceeding US$84 billion worldwide this year. Asia … [Read more...] about Travel demand likely to rebound with ‘conducive’ conditions, AAPA says
IATA: Air cargo on recovery path, down 8 percent in September
Global cargo demand contracted 8 percent YoY (-9.9 percent for international operations) but grew 3.7 percent over the previous month in September, whilst global capacity shrank 25.2 percent YoY (28 percent for international operations), data from IATA showed. The shrink in capacity was three times larger than the contraction in demand, indicating a severe lack of capacity in the market, the trade group noted. Also read: Capacity crunch stalls air cargo demand in August Despite adding … [Read more...] about IATA: Air cargo on recovery path, down 8 percent in September
