The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. This was a slower pace of growth than the 5.0 per cent growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific, IATA said. After a strong start, air freight volumes began a decline that continued through most of 2015, until some improvements to … [Read more...] about Get used to "new normal" of cargo growth warns IATA
International Air Transport Association
Latest IATA cargo figures show decline may be bottoming out
The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in Freight Tonne Kilometers) were down 1.2 per cent in November 2015, compared to November 2014. Total cargo volumes, however, expanded compared to October 2015 and were higher than the low point in August. IATA highlighted this may indicate that the decline in cargo demand may be bottoming out. The negative year-on-year comparisons occurred across all regions … [Read more...] about Latest IATA cargo figures show decline may be bottoming out
Hoverboards too hot for airlines & Amazon
The issue of lithium battery shipments onboard freighters and the belly holds of passenger aircraft is again at the forefront of safety concerns as Christmas approaches and the volume of electronic gadgets relying on lithium batteries surges. The latest ‘problem child’ is this year’s toy of choice, the so-called ‘hoverboard’, a two-wheeled transportation device that relies on a larger-capacity lithium-ion battery around 42,000-mAh. Numerous reports of the devices catching fire and even … [Read more...] about Hoverboards too hot for airlines & Amazon
Hoverboards too hot for airlines & Amazon
The issue of lithium battery shipments onboard freighters and the belly holds of passenger aircraft is again at the forefront of safety concerns as Christmas approaches and the volume of electronic gadgets relying on lithium batteries surges. The latest ‘problem child’ is this year’s toy of choice, the so-called ‘hoverboard’, a two-wheeled transportation device that relies on a larger-capacity lithium-ion battery around 42,000-mAh. Numerous reports of the devices catching fire and even exploding … [Read more...] about Hoverboards too hot for airlines & Amazon
ABC has IOSA safety cert renewed for two more years
AirBridgeCargo Airlines (ABC) has successfully passed the audit procedures for compliance with the International Air Transport Association’s Operational Safety Audit (IOSA), renewing its certification for a further two years. The extension of the airline’s IOSA certificate acknowledges ABC's conformance with the highest global air safety requirements and follows a five-day inspection by independent auditors. This process reviewed AirBridgeCargo’s flight performance, operating control, … [Read more...] about ABC has IOSA safety cert renewed for two more years
Cargo continues to flat line, outlook “very difficult”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that air cargo volumes measured by freight tonne kilometers rose just 0.5 per cent in October compared to a year ago. Year-on-year expansion fell back from September’s faster growth rate with total cargo volumes in October shrinking 1.1 per cent from the peak of the uptrend at the end of 2014. European carriers have driven recent improvements in air cargo growth, but they ran out of steam … [Read more...] about Cargo continues to flat line, outlook “very difficult”: IATA
