Results from the International Airport Transport Association (IATA) show that demand for air cargo in Asia Pacific fell 21.6 percent year-on-year in June, reflecting a mild improvement from the 24.6 percent drop in May, a press release confirmed. International cargo demand for the region meanwhile contracted to an even 20 percent from the 18.8 percent dip posted in the previous month. IATA said that despite manufacturing starting to pick up in the region, the reduction in air shipments of … [Read more...] about APAC’s air cargo dips 21.6 percent in June as global demand slowly recovers
IATA
Vietjet’s repatriation flights to pave way for international flights to resume
Under government advice, Vietjet worked with relevant Vietnamese agencies within the country and overseas to bring citizens home in response to requests and in line with the country’s quarantine measures, the company said in a press release. On July 18, Vietjet operated an international flight to bring 240 Vietnamese from the Philippines back home safely. The flight departed from Ninoy Aquino International Airport and arrived at Can Tho International Airport in Southern Vietnam for a … [Read more...] about Vietjet’s repatriation flights to pave way for international flights to resume
IATA pushes sustainable fuel production to aid aviation’s post-COVID-19 recovery
To emphasise the aviation industry’s commitment to its emissions reduction goals, the International Air Transport Association (IATA) urged the International Energy Agency (IEA) to prioritise investment in sustainable aviation fuel (SAF) to help power aviation’s contribution to the post-COVID-19 recovery, according to a press release. IATA’s call comes on the eve of the IEA Clean Energy Transitions Summit where much of the debate revolves around working towards a low-carbon future. With … [Read more...] about IATA pushes sustainable fuel production to aid aviation’s post-COVID-19 recovery
IATA: $29 billion loss expected for Asia-Pacific airlines in 2020
Airlines in the Asia-Pacific region will be the hardest hit by the COVID-19 crisis, with losses expected to be $29 billion for 2020. This is more than a third of the $84.3 billion industry losses globally. The Asia-Pacific region was the first region to feel the brunt of the COVID-19 crisis. The region’s airlines will see passenger demand (measured in revenue passenger kilometers, RPK) collapse 53.8% this year, while capacity (in available seat kilometers, ASK) will be reduced by … [Read more...] about IATA: $29 billion loss expected for Asia-Pacific airlines in 2020
IATA traveler survey reveals COVID-19 concerns
The International Air Transport Association (IATA) released public opinion research showing the willingness to travel being tempered by concerns over the risks of catching COVID-19 during air travel. The industry’s re-start plans address passenger’s main concerns. Concerns for travel during COVID-19 Travelers are taking precautions to protect themselves from COVID-19 with 77 percent saying that they are washing their hands more frequently, 71 percent avoiding large meetings and 67 percent … [Read more...] about IATA traveler survey reveals COVID-19 concerns
May air cargo shows slight pickup amid continuing capacity crunch
The International Air Transport Association (IATA) released data for global air freight markets in May showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked. Global demand, measured in cargo tonne-kilometers (CTKs*), fell by 20.3 percent in May (-21.5 percent for international operations) compared to the previous year. That is an improvement from the 25.6 … [Read more...] about May air cargo shows slight pickup amid continuing capacity crunch
