According to the International Air Transport Association (IATA) data released for global air freight markets, the demand measured in freight tonne kilometers (FTKs), increased by 11.4% in July 2017 compared to the same period a year ago. This was the fourth time in five months that double-digit annual growth was recorded. July’s year-on-year increase in demand is nearly four times higher than the ten year average growth rate of 3.1%. Freight capacity, measured in available freight … [Read more...] about July shows four times higher than average y-o-y increase
International Air Transport Association
Global Air Freight Demand Increases 13% in May
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year average growth rate of 3.8%. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 5.2% year-on-year in May … [Read more...] about Global Air Freight Demand Increases 13% in May
DHL Singapore receives IATA CEIV Pharma certification
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL Group, certified its air freight station in Singapore according to the CEIV Pharma Standard of the International Air Transport Association (IATA). “Over many years, DHL has been actively involved with IATA’s continuous efforts to adequately answer to the regulatory demands of the pharmaceutical industry. This standardized approach in the air freight industry means productivity, accuracy, and … [Read more...] about DHL Singapore receives IATA CEIV Pharma certification
Despite demand easing, growth rates are more robust
The International Air Transport Association (IATA) released data for global air freight markets showing that demand rose 8.5% in April 2017 compared to the same period last year; measured in freight tonne kilometers (FTKs). While this was down from the 13.4% year-on-year growth recorded in March 2017, it is well above the average annual growth rate of 3.5% over the past five years. Growth in freight capacity, measured in available freight tonne kilometers (AFTKs), … [Read more...] about Despite demand easing, growth rates are more robust
Urgent call for alternatives to large electronic restrictions
The International Air Transport Association (IATA) called on governments to urgently find alternatives to recently announced measures by the United States and the United Kingdom to restrict the carry-on of large electronic items on certain flights departing the Middle East and North Africa. The Case for Alternative Measures “The current measures are not an acceptable long-term solution to whatever threat they are trying to mitigate. Even in the short term it is difficult to … [Read more...] about Urgent call for alternatives to large electronic restrictions
IATA welcomes entry into force of WTO Trade Facilitation Agreement
The International Air Transport Association (IATA) has welcomed the entry into force of the Trade Facilitation Agreement (TFA). This follows the ratification of the treaty by two-thirds of the members of the World Trade Organization (WTO). "The Trade Facilitation Agreement will cut red tape at the border for faster, cheaper and easier trade. That’s great news for airlines, which deliver about a third of the goods traded across borders by value. And it’s a particularly timely reminder … [Read more...] about IATA welcomes entry into force of WTO Trade Facilitation Agreement
