Capacity & Demand

WorldACD: ‘The beat goes on’ for airfreight’s good news

WorldACD: ‘The beat goes on’ for airfreight’s good news

September 1, 2017 at 5:44 pm 0 comments

The strong growth story for the airfreight industry that began early in 2017, and continued unexpectedly through July, is “becoming somewhat monotonous,” reported WorldACD in its monthly airfreight market analysis for July. But it’s doubtful that anyone else in the industry is complaining. Year-over-year volumes grew by 11.8 percent worldwideRead More

AAPA July airfreight demand surges with manufacturing growth

AAPA July airfreight demand surges with manufacturing growth

August 28, 2017 at 5:26 pm 0 comments

In what is beginning to sound like a skipping record, another airfreight group is reporting more good news about traffic. In this case, it’s the Association of Asia-Pacific Airlines (AAPA) saying that airfreight demand in the Asia-Pacific region continues to soar, according to preliminary results from the association’s carriers inRead More

Air Partner posts strong first half as Qatar crisis buoys charter market

Air Partner posts strong first half as Qatar crisis buoys charter market

August 25, 2017 at 5:56 pm 0 comments

Rising demand for airfreight and supply chain disruption across other modes buoyed earnings for U.K.-based aircraft charter service company Air Partner. The aviation services group posted a £4 million preliminary pre-tax profit for the first half of the financial year, up 33 percent over the £3 million reported in theRead More

AirBridgeCargo’s volume growth slows, but remains in double digits

AirBridgeCargo’s volume growth slows, but remains in double digits

August 24, 2017 at 5:29 pm 0 comments

As perhaps the world’s fastest-growing all-cargo airline, AirBridgeCargo (ABC) again reported respectable volume growth of 16 percent, year-over-year, for the first half of 2017 to 335,000 tonnes. Growth rates, however, are down compared to 2016 – when ABC reported sharply higher cargo tonnage growth of 31 percent, y-o-y, during theRead More

Drewry East-West price index continues climb through July

Drewry East-West price index continues climb through July

August 23, 2017 at 5:40 pm 0 comments

Even during the usually slack summer months, the good news for 2017 air cargo keeps rolling in. Airfreight rates rose again during July, marking the third-highest month for freight rates so far in 2017, ahead of strong expectations for the peak season. According to new figures from the Drewry East-WestRead More

Dubai International continues single digit cargo growth into July

Dubai International continues single digit cargo growth into July

August 22, 2017 at 5:16 pm 0 comments

Dubai International (DXB) continues its rollercoaster of single digit monthly cargo growth into July, gaining 5 percent year over year to pull the seven-month average up slightly to 2.1 percent. DXB recorded an increase in cargo over July, with freight volumes rising year-over-year to 213,258 tonnes. During the first sevenRead More

Chicago O’Hare adds cargo capacity as volumes surge

Chicago O’Hare adds cargo capacity as volumes surge

August 21, 2017 at 4:56 pm 0 comments

The 240,000-square-foot second phase of Chicago O’Hare’s US$220 million cargo development project came online last week, as a 15 percent year-over-year increase in year-to-date cargo volumes puts the Midwest airport on track to handle 1.8 million tonnes in 2017. The northeast cargo development is backed by a $160 million investmentRead More

Freighter flights, pharma traffic boost MIA freight tonnage

Freighter flights, pharma traffic boost MIA freight tonnage

August 17, 2017 at 5:47 pm 0 comments

After posting only a narrow increase of under 1 percent growth in 2016, compared to the previous year, cargo freight tonnage at Miami International Airport (MIA) rose by a more robust 4.8 percent, year-over-year, during the first six months of 2017. The airport attributed much of this year’s first-half growthRead More