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
IATA
Cold chain group, IATA agree on polishing pharma handling and transport standards
The Cool Chain Association (CCA) and the International Air Transport Association (IATA) have signed a memorandum of understanding (MOU) supporting the drive for the safe, sustainable transport of perishables and pharmaceuticals. CCA and IATA have joined forces as part of a common goal to improve the quality of the temperature-controlled supply chain by sharing feedback, experiences, knowledge, and best practice. Also read: IATA rolls out platform to show capacity and services availability … [Read more...] about Cold chain group, IATA agree on polishing pharma handling and transport standards
IATA’s Glyn Hughes to bid adieu to cargo head post in January
IATA confirmed that Glyn Hughes, head of cargo, will leave the organisation by end of January next year, as part of a restructuring process. Together with colleague Gordon Wright, head of cargo border management, Mr Hughes, who has been six years in the job, applied for the voluntary/early retirement scheme initiated by IATA and was accepted. IATA’s comment read, “Due to the devastating economic effects of COVID-19 on the aviation industry, IATA is undergoing a restructuring process to … [Read more...] about IATA’s Glyn Hughes to bid adieu to cargo head post in January
Bolloré Logistics secures CEIV Pharma certification in Hong Kong
Bolloré Logistics received its CEIV Pharma certification from the International Air Transport Association (IATA) for its platform at Hong Kong International Airport. With this certification, Bolloré Logistics Hong Kong said it can provide seamless cool chain transportation across the entire pharmaceutical supply chain. "This certification demonstrates our commitment to full compliance in handling pharmaceutical products and other temperature-sensitive commodities. It will greatly … [Read more...] about Bolloré Logistics secures CEIV Pharma certification in Hong Kong
SIA, trade associations welcome Singapore’s easing of border restrictions
Singapore announced it will relax border measures starting 1 September to allow general travel to and from Brunei and New Zealand, after taking into account low-risk countries where the virus situation is under control. Foreign visitors from both nations will be subject to a Covid-19 test upon arrival, in lieu of a stay-home notice (SHN), according to the Ministry of Health, whilst those travelling to the two countries will be subject to requirements imposed … [Read more...] about SIA, trade associations welcome Singapore’s easing of border restrictions
IATA appoints new SVP for financial and digital services
The International Air Transport Association (IATA) has appointed Muhammad Albakri, IATA’s regional vice president for Africa and the Middle East, as senior vice president for customer, financial and digital services (CFDS) effective 1 March 2021, a press release confirmed. Stepping down to make way is Aleks Popovich, IATA’s first cargo head, who will retire after 16 years. Albakri, who will be based in Geneva, joined IATA in January 2017 after more than a decade with Saudi Arabian Airlines … [Read more...] about IATA appoints new SVP for financial and digital services
