The International Air Transport Association (IATA) released data for global air freight markets showing that in August freight markets stabilised after two months of decline. Measured in Freight Tonne Kilometers, air cargo volumes rose 0.2 per cent compared to the same month a year ago. This is a modest improvement on July performance when freight demand contracted by 0.6 per cent year-on-year. The results varied widely by region IATA said, with carriers in the Middle East reported the most … [Read more...] about Air freight volumes flat after recent declines: IATA
IATA
Qatar breaches cargo Top 10, SIA and China Eastern slip
In 2014 airlines operated some 100,000 flights per day and transported 51.3 million tonnes of cargo, equivalent to around 35 per cent of the total value of all goods traded internationally, according to figures released on 16 September by the International Air Transport Association (IATA) in its 59th annual World Air Transport Statistics (WATS) report. Globally, cargo markets in 2014 saw a 5.8 per cent expansion in freight tonne kilometres (FTKs), outstripping a capacity increase of 5.0 per … [Read more...] about Qatar breaches cargo Top 10, SIA and China Eastern slip
Airfreight demand falls again in July: IATA
The International Air Transport Association (IATA) released data for global airfreight markets showing a fall in air cargo demand in July compared to the same month last year. Airfreight volumes measured in freight tonne kilometers (FTK) fell 0.6 per cent, in line with weaker global economic growth. The decline was broad-based across all regions with the exception of Africa and the Middle East. The most pronounced falls were in the Americas, where international FTK volumes were down more than … [Read more...] about Airfreight demand falls again in July: IATA
Jettainer’s Popp joins board of ULD Care
Jettainer, a leading service partner for outsourced ULD management, has joined the board of the International Air Transport Association’s (IATA) ULD Care. In both expert committees, Michael Popp, director operations at Jettainer, will help working on the further development and standardisation of ULD processes. As a first activity, Jettainer joins the ULD Care conference, which will take place from 31 August to 3 September in Bangkok this year. Every day, countless pieces of cargo inside … [Read more...] about Jettainer’s Popp joins board of ULD Care
Jettainer's Popp joins board of ULD Care
Jettainer, a leading service partner for outsourced ULD management, has joined the board of the International Air Transport Association’s (IATA) ULD Care. In both expert committees, Michael Popp, director operations at Jettainer, will help working on the further development and standardisation of ULD processes. As a first activity, Jettainer joins the ULD Care conference, which will take place from 31 August to 3 September in Bangkok this year. Every day, countless pieces of cargo inside … [Read more...] about Jettainer's Popp joins board of ULD Care
Oil production surplus highest in 17 years: IEA
A global glut of oil is forecast to last through 2016 despite the strongest demand growth in five years and faltering supply, both of which have failed to clear the surplus, according to the International Energy Agency (IEA) in its latest monthly report. This has seen jet fuel prices slide more than 47 per cent compared with a year ago, according to the latest statistics from the International Air Transport Association (IATA). The global oversupply will average 1.4 million barrels a day in … [Read more...] about Oil production surplus highest in 17 years: IEA
