WorldACD has reported that the September YoY volume growth of around 5.0 per cent was eclipsed by the 6.2 per cent YoY growth in volumes in October. American and European carriers contributed most to the 3.0 per cent MoM growth in yields (in USD), a higher MoM growth for this month than in previous years. With that yield improvement, October was clearly a good month for air cargo, WorldACD noted. It added that the real growth may even be somewhat understated, as October 2016 had less "good cargo … [Read more...] about Oct a good month for cargo, up 6.2%: WorldACD
yield
June sees highest growth in 14 months: IATA
The International Air Transport Association (IATA) released data for global air freight demand in June 2016 showing a rise in freight tonne kilometers (FTK) of 4.3 per cent year-on-year - the fastest pace of growth in 14 months. Freight capacity measured in available freight tonne kilometers (AFTKs) increased by 4.9 per cent year-on-year, keeping yields under downward pressure. Freight demand increased year-on-year in June across all regions with the exception of Latin America which recorded … [Read more...] about June sees highest growth in 14 months: IATA
2015 weakness from low vols not adverse yield dev’ts: WorldACD
For the second month in a row, the worldwide average USD-yield improved month-over-month (MoM), this time by 1.0 per cent, down however, from last year’s MoM figure of +1.7 per cent. The YoY yield change was of a wholly different nature (-17.5 per cent%), but that deterioration should be viewed against the background of two important developments in 2015, according to the latest analysis from WorldACD. Volume-wise, October 2015 was not spectacular either. For the now more than 60 airlines in … [Read more...] about 2015 weakness from low vols not adverse yield dev’ts: WorldACD
2015 weakness from low vols not adverse yield dev'ts: WorldACD
For the second month in a row, the worldwide average USD-yield improved month-over-month (MoM), this time by 1.0 per cent, down however, from last year’s MoM figure of +1.7 per cent. The YoY yield change was of a wholly different nature (-17.5 per cent%), but that deterioration should be viewed against the background of two important developments in 2015, according to the latest analysis from WorldACD. Volume-wise, October 2015 was not spectacular either. For the now more than 60 airlines in … [Read more...] about 2015 weakness from low vols not adverse yield dev'ts: WorldACD
Marginal cargo growth continues for Cathay, Dragonair
Cathay Pacific Airways today released combined Cathay Pacific and Dragonair traffic figures for July 2015 continuing the trend of strong year-on-year growth in the number of passengers carried but only a marginal increase in the volume of cargo and mail uplifted. The two airlines carried 147,545 tonnes of cargo and mail in July, an increase of 0.5 per cent compared to the same month last year. The cargo and mail load factor fell by 2.9 percentage points to 61.8 per cent. Capacity, measured … [Read more...] about Marginal cargo growth continues for Cathay, Dragonair
Korean Air 3Q cargo yields on the up
Korean Air registered a 5.7 per cent increase in cargo yield in 3Q 2014 as its load factor rose 2.5 percentage points to 79.1 per cent. Its cargo arm, accounting for 22.1 per cent of total airline revenues in Q3, saw a 10 per cent rise in domestic cargo revenue sales in the three months to September. Internationally, it recorded a three per cent rise in cargo revenues in and out of Japan, a 3 per cent fall in freight revenues in China and a static result in Southeast Asia. The Americas … [Read more...] about Korean Air 3Q cargo yields on the up
