The International Air Transport Association (IATA) reported November 2014 data for global air freight markets showing that demand measured in freight tonne kilometers (FTK) grew 4.2 per cent compared to November 2013. Capacity grew by 3.3 per cent over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8 per cent. The most significant growth was recorded by carriers in the Asia-Pacific and Middle East regions, at 5.9 per cent and 12.9 per cent, … [Read more...] about IATA reports 4.2% rise in Nov air freight
Middle East
Middle East air cargo surges 17% in September
Air cargo volumes in the Middle East recorded the strongest growth in September than in other region, according to new data released by the International Air Transport Association (IATA). Cargo volumes carried by the region’s carriers grew by 17 per cent YoY, while capacity expanded 14.5 per cent. The region was well ahead of its geographic rivals with Africa showing the next best growth in September of 11.5 percent. Globally, IATA said air freight demand in September, measured … [Read more...] about Middle East air cargo surges 17% in September
APAC July cargo traffic up 6.8% YoY
ACI Asia-Pacific has reported that worldwide freight volumes continue to show signs of strong recovery with improvements in global trade and commerce. Cargo traffic recorded robust growth for the month of July 2014 with Asia-Pacific airports recording a year-on-year growth of 6.8 per cent, while the Middle East recorded growth of 12 per cent, and year-to-date growth was 5.1 per cent for Asia-Pacific and 9.6 per cent for the Middle East. The strong growth in the Middle East was primarily … [Read more...] about APAC July cargo traffic up 6.8% YoY
IATA sets broad agenda for the Middle East
The International Air Transport Association (IATA) has urged the air transport industry in the Middle East and North Africa (MENA) to focus on key challenges of growth, including safety, cost control, liberalization and the environment. Giovanni Bisignani, IATA’s director general and CEO, made the comments in a keynote address to the region’s leaders at the 42nd Annual General Meeting of the Arab Air Carriers Organization in Jeddah, Saudi Arabia. “The Middle East is … [Read more...] about IATA sets broad agenda for the Middle East
AMERICAS: National expands ME service to Hahn
National Air Cargo has announced that it will extend its weekly DC 8 cargo aircraft from Sharjah, UAE, to Hahn, Germany before returning back to the US. The weekly flight will specialise in space available, preferred and priority cargo destined for Europe and the US, from the Middle East. “Extending the flight to Hahn expands our commitment to supplying cargo needs to Europe and throughout the world,†Alex Munro, director Middle East Sales, National Air Cargo said. The expansion … [Read more...] about AMERICAS: National expands ME service to Hahn
ME carriers to see losses double in ¡¯09
The Middle East aviation industry should brace for further turbulence this year, with the region¡¯s airlines poised to rack up combined losses of $200 million this year ¨C twice the amount they lost in 2008, according to the International Air Transport Association (IATA). IATA warned that growth in regional passenger and air cargo traffic in 2009 would ¡°slow to a crawl¡± of only about 1.2 per cent due to the global recession. At the same time, IATA forecasts that capacity for Middle … [Read more...] about ME carriers to see losses double in ¡¯09
