The International Air Transport Association (IATA) announced a decision of its Board of Governors (BoG), unanimously approved at an IATA BoG meeting today, to recommend Alexandre de Juniac, chairman and CEO of Air France-KLM, to succeed retiring director general and CEO, Tony Tyler. With confirmation by the IATA Annual General Meeting to be held 1-3 June 2016 in Dublin, Ireland, de Juniac will take up duties as the head of the association after a short handover period. "The IATA Board of … [Read more...] about AF-KLM’s de Juniac to fill Tyler’s shoes at IATA
Tony Tyler
Volumes making slight recovery, yields still under pressure: IATA
The International Air Transport Association (IATA) released data for global air freight markets in January showing a rise in freight tonne kilometers (FTK) of 2.7 per cent compared to January 2015. This continues the improving trend witnessed toward the end of 2015, and is the fastest pace since April of last year. The freight load factor (FLF) fell 1.8 percentage points, however, indicating that yields are likely to come under further pressure. Total FTKs in January surpassed the previous … [Read more...] about Volumes making slight recovery, yields still under pressure: IATA
Get used to "new normal" of cargo growth warns IATA
The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. This was a slower pace of growth than the 5.0 per cent growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific, IATA said. After a strong start, air freight volumes began a decline that continued through most of 2015, until some improvements to … [Read more...] about Get used to "new normal" of cargo growth warns IATA
Get used to “new normal” of cargo growth warns IATA
The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. This was a slower pace of growth than the 5.0 per cent growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific, IATA said. After a strong start, air freight volumes began a decline that continued through most of 2015, until some improvements to … [Read more...] about Get used to “new normal” of cargo growth warns IATA
Latest IATA cargo figures show decline may be bottoming out
The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in Freight Tonne Kilometers) were down 1.2 per cent in November 2015, compared to November 2014. Total cargo volumes, however, expanded compared to October 2015 and were higher than the low point in August. IATA highlighted this may indicate that the decline in cargo demand may be bottoming out. The negative year-on-year comparisons occurred across all regions … [Read more...] about Latest IATA cargo figures show decline may be bottoming out
Cargo continues to flat line, outlook “very difficult”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that air cargo volumes measured by freight tonne kilometers rose just 0.5 per cent in October compared to a year ago. Year-on-year expansion fell back from September’s faster growth rate with total cargo volumes in October shrinking 1.1 per cent from the peak of the uptrend at the end of 2014. European carriers have driven recent improvements in air cargo growth, but they ran out of steam … [Read more...] about Cargo continues to flat line, outlook “very difficult”: IATA
