The International Air Transport Association (IATA) released full-year air cargo data for 2014 showing 4.5 per cent demand growth compared to 2013 measured by freight tonne kilometres (FTKs), marking a "significant acceleration" from the 1.4 per cent recorded in 2013 over 2012. IATA said the air cargo market expansion gathered momentum as 2014 progressed with the year finishing on a positive note as growth in December accelerated to 4.9 per cent, compared to December 2013. The vast … [Read more...] about Air cargo ends 2014 up 4.5% on 2013: IATA
International Air Transport Association
200 ACC3 certs expire without incident: IATA
The 1 January expiry of some 200 temporary ACC3 accreditations for various cargo handling facilities and carriers around the world has not resulted in any negative impacts as of 27 January 2015, the International Air Transport Association (IATA) told Payload Asia, but the ultimate sanction of banning cargo uplift into Europe is still on the table. The original ACC3 deadline was 1 July 2014, which saw nearly 1,100 independent validations conducted with about 120 IATA … [Read more...] about 200 ACC3 certs expire without incident: IATA
IATA: US and Asia Pacific lead revival of 5.4%
Freight tonne kilometres (FTK) in October have seen a year-on-year rise of 5.4 per cent because of improving economic conditions in the US and strong trade in Asia Pacific, according to the International Air Transport Association (IATA) airlines financial monitor. The region seeing the largest rise in FTK in October was the Middle East, up 13 per cent. Africa saw the next highest rise of 9.6 per cent, followed by Asia Pacific at 6.7 per cent. Latin America was up 4.1 per cent, followed by North … [Read more...] about IATA: US and Asia Pacific lead revival of 5.4%
IATA: Prepare for growth challenges for APAC
The International Air Transport Association (IATA) identified continuous safety enhancement, the availability of cost-efficient infrastructure and environmental responsibility as critical factors to ensure that Asia-Pacific continues to realise the enormous economic and social benefits of air connectivity. “It is no understatement to say that air connectivity underpins modern economies. Aviation and aviation-enabled tourism accounts for over 24 million jobs and over US$500 billion in … [Read more...] about IATA: Prepare for growth challenges for APAC
Air freight recovery strengthens, says IATA
The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued robust growth in air cargo volumes. Measured by freight tonne kilometers (FTKs), volumes rose 5.1 per cent in August, compared to August 2013. Capacity grew at a slower pace of 3.4 per cent from the previous year. This is the second strong month for cargo volumes in a row, following the 6.1 per cent year-on-year rise recorded in July. Carriers in all regions reported … [Read more...] about Air freight recovery strengthens, says IATA
IATA urges Vietnam gov’t to support air cargo
The International Air Transport Association (IATA) called on the Vietnamese government to work with the air transport sector to strengthen the country’s economy through global air connectivity. IATA identified three broad strategic areas to focus on: infrastructure, passenger experience and cargo. “Vietnam is a dynamic and rapidly growing aviation market. The successful development of aviation will pay big dividends to the Vietnamese economy. It must be treated as a … [Read more...] about IATA urges Vietnam gov’t to support air cargo