Capacity & Demand

With passenger ops in doldrums, Cathay turns to cargo for good news

With passenger ops in doldrums, Cathay turns to cargo for good news

August 17, 2017 at 5:46 pm 0 comments

First came the Persian Gulf and mainland Chinese carriers. Then the low-cost competition kicked in. Yesterday, Cathay Pacific posted its worst first-half loss in at least two decades as it continues to lose passengers to its rivals. With no improvement in conditions expected this year, cargo was the only brightRead More

Strong exports drive Hong Kong Airport cargo volume growth

Strong exports drive Hong Kong Airport cargo volume growth

August 14, 2017 at 5:25 pm 0 comments

Hong Kong International Airport (HKIA) reported year-over-year growth in cargo volumes of 11 percent in July, as volumes rose to 422,000 tonnes, with improvements in global trade. Exports supported most of that growth as they increased by 15 percent in July, while transshipments rose by 10 percent. July’s increase inRead More

LATAM Cargo fails to capture Latin American cargo upswing

LATAM Cargo fails to capture Latin American cargo upswing

August 14, 2017 at 5:24 pm 0 comments

Latin American economies are turning the corner, at least if airfreight is any indicator, yet beleaguered LATAM can’t seem to catch the momentum, posting a meager 0.8 percent year-over-year  growth in revenue tonne kilometers (RTKs) in July. LATAM’s strategy of cutting capacity in the face of dwindling demand for itsRead More

2012_reb_0389.jpg

Fraport reports higher Frankfurt cargo volumes for July

August 10, 2017 at 5:48 pm 0 comments

Mirroring reports of strong cargo demand growth across Europe, cargo throughput at Frankfurt Airport (FRA) continued to increase in July, rising 4.2 percent, year-over-year, to 188,009 tonnes, according to airport owner and manager Fraport AG. Year-to-date, total cargo traffic increased 4.7 percent, compared to the first seven months in 2016,Read More

CargoLogicAir’s first scheduled route to carry 200 tonnes per week to Mexico

CargoLogicAir’s first scheduled route to carry 200 tonnes per week to Mexico

August 9, 2017 at 5:59 pm 0 comments

Later this month, British all-cargo airline CargoLogicAir (CLA) will begin twice-weekly U.K.-to-Mexico service – the first scheduled cargo route the carrier has offered – linking Mexico City to markets in the United States, via Atlanta, and the carrier’s London-based hub. CLA’s new route, to begin Aug. 19, offers a totalRead More

Demand for airfreight depresses margins at DHL Global Forwarding

Demand for airfreight depresses margins at DHL Global Forwarding

August 8, 2017 at 5:59 pm 0 comments

Business is booming, but contracted rates are lagging, according to the latest second-quarter numbers at DHL’s forwarding arm. Sustained – and unexpected – demand for airfreight squeezed Q2 2017 profits at DHL Global Forwarding division, as shipping costs moved closer to rates that were locked in well in advance. However,Read More

Birth of a Niche: How small freighters can create big cargo opportunities

Birth of a Niche: How small freighters can create big cargo opportunities

August 3, 2017 at 4:59 pm 0 comments

Bob Convey had just finished booking two more orders for Aeronautical Engineers Inc. (AEI)’s CRJ200 freighter conversion when Air Cargo World rang to talk about the aircraft conversion house’s   come-from-behind success story. “We always launch these programs based on a combination of gut feeling and industry knowledge and research,” theRead More

Global airfreight demand sees largest increase since 2010

Global airfreight demand sees largest increase since 2010

August 3, 2017 at 4:10 pm 0 comments

It’s official: Air cargo is booming. With reports in from research firms WorldACD and Drewry, and now IATA, the first half of 2017 saw its strongest freight demand increase since 2010. Yesterday’s IATA report for June indicated an overall improvement in global trade for the month, with year-over-year demand growthRead More