The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
International Air Transport Association
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
IATA: Air freight resumes modest growth trend
The International Air Transport Association (IATA) released data for global air freight markets, showing a modest 1.6 per cent rise in volumes in March compared to a year ago, measured in FTK. The industry’s March performance stands in sharp contrast to the exceptionally strong 12.2 per cent rise reported for February. February’s performance, however, was positively skewed by the combined impacts of the timing of the Lunar New Year and the labor dispute at US West Coast … [Read more...] about IATA: Air freight resumes modest growth trend
EASA, IATA move to prevent LOC-I accidents
The European Aviation Safety Agency (EASA) and the International Air Transport Association (IATA) announced the publication of new training requirements for airline pilots to prevent loss of control situations. The upset prevention and recovery training (UPRT) requirements aim to improve safety standards by mitigating loss of control in-flight (LOC-I) accidents. The requirements are based on International Civil Aviation Organization (ICAO) standards and recommended practices and have been … [Read more...] about EASA, IATA move to prevent LOC-I accidents
SATS announces cold-chain training institute
SATS announces cold-chain training institute Eyeing the growing middle class demand in Asia for fresh food and pharmaceutical products, Singapore-based ground handler, SATS Ltd, has announced a new SATS Coolport Academy to build the capabilities of cold-chain professionals locally and in the region. It has also launched a one-stop e-Acceptance initiative, which will transform the process for the lodging of export cargo at its airfreight terminals at Changi Airport. … [Read more...] about SATS announces cold-chain training institute
IATA launches standard safety assessment
The International Air Transport Association (IATA) launched the IATA Standard Safety Assessment (ISSA) for airlines not eligible for the IATA Operational Safety Audit (IOSA). ISSA is a voluntary safety audit programme aligned with global best practices and created primarily for airlines that operate aircraft which have a lower maximum take-off weight (MTOW) than the 5,700 kg (12,566 lbs.) threshold for participation in IOSA. ISSA is also an alternative for airlines, such as some private … [Read more...] about IATA launches standard safety assessment
