The latest worldwide air cargo figures - as reported by 75 airlines to WorldACD - confirmed that the month of October 2017 was special. Monthly volumes were higher than ever, whilst revenues (when measured in EUR) peaked as well. Although revenues measured in USD did not reach the heights scaled in the October months of the years 2010 - 2014, it should be noted that oil prices in that period were almost twice as high as they are now. With the recovery under way for more than a year … [Read more...] about October confirmed its reputation with record volumes
October
October cargo on the up, says IATA
The International Air Transport Association (IATA) released October data for global air freight markets showing that the strong performance of air cargo in recent months is continuing. Demand, measured in freight tonne kilometers (FTK), rose 5.4 per cent in October compared to October 2013. This out-stripped capacity which grew by 4.4 per cent. Compared to September demand grew by 0.7 per cent bringing freight volumes to a new record monthly high. The good results reflect the improvements in … [Read more...] about October cargo on the up, says IATA
Air cargo continues fragile recovery: IATA
The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October, with global freight tonne kilometers (FTK) up four per cent compared with October 2012, with growth in all regions except Africa. IATA said the gradual expansion continues a trend that began in the third quarter as air freight markets have responded to better economic confidence and improved consumer demand. However, performance varies significantly by region, … [Read more...] about Air cargo continues fragile recovery: IATA
HK’s AAT volumes down only 3% in Oct
Asia Airfreight Terminal Co Ltd (AAT) has announced it handled 51,380 tonnes of cargo in October, down 3 per cent year-on-year. Export cargo registered 36,093 tonnes, a decline of 3 per cent against same period last year. Import cargo volume for October was 14,930 tonnes, recording a decrease of 4 per cent from last year. Trans-shipment cargo volume was 357 tonnes, down 2 per cent. The cumulative tonnage throughput from January to October 2009 was 403,106 tonnes, representing a year-on-year … [Read more...] about HK’s AAT volumes down only 3% in Oct
