Saturday 21 January 2017
 
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air cargo

Air cargo sector sees higher growth in November

November showed an acceleration in year-over-year (YoY) volume growth in the air cargo sector for the fourth month in a row, according to WorldACD, a provider of unique information on air cargo markets. The usual air cargo peak se

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ME air cargo demand growth slows to 1.2pc

Middle Eastern carriers saw air freight demand growth slow for the third consecutive month to 1.2 per cent year-on-year in September, marking the slowest pace since July 2009, said a new report from Iata. Middle Eastern carriers s

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World air cargo traffic to grow at 4.2pc: Boeing

Global air cargo traffic will grow at an annual rate of 4.2 per cent over the next 20 years, with 930 new and 1,440 converted freighters needed to meet market demand by 2035, according to a new report released by Boeing. The compa

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Global air cargo business posts growth

The global air cargo business, following a poor start to 2016, has picked up in June and reported an increase in worldwide chargeable weight of 2.7 per cent year-over-year (YoY), according to WorldACD Market Data. The uptick in Ju

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Air cargo firms under pressure from freight rate plunge

Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Glob

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Air cargo firms under pressure from freight rate plunge

Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Glob

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Global air cargo volumes dip in November

Global air cargo volumes dropped 0.9 per cent year-on-year (YoY) during November, marking the first monthly decline since June 2013, a report said. Going by the bare worldwide monthly figures, November 2015 was not

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Mideast carriers lead global cargo growth

Middle Eastern carriers saw the strongest cargo growth worldwide with demand (measured in freight tonne kilometres or FTKs) expanding by 10.4 per cent, and capacity rising 14.3 per cent during August, according to data released by the Internatio

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China's Big 3 cargo carriers set for merger

China's three largest airline cargo carriers will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air Ch

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China's Big 3 cargo carriers set for merger

China's three largest airline cargo carriers will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air Ch

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