WorldACD reports ‘serious’ growth in air cargo business, yield

While air cargo growth seemed to cool off a bit in March after its torrid pace through much of 2017, the latest April and first-quarter figures from WorldACD suggest that April saw a more robust year-over-year growth rate for air cargo volume and even more so for air cargo yield. Taking into account the distorted […]
  • Randy Woods
  • June 1, 2018

Cainiao chooses Liège Airport as European hub for global service

Alibaba’s logistics group, Cainiao, has chosen Liège Airport (LGG) as one of its key European hubs, as it moves forward with the international expansion of its “delivery in 5 days” service. Alibaba took control of the China-based logistics network in 2017, when its increased its stake from 47 to 51 percent in a deal that […]
  • Nina Chamlou
  • May 31, 2018

AAPA reports slowing growth in April

The Association of Asia Pacific Airlines (AAPA)’s most recent traffic results show volume growth among member carriers – a 5.8 percent increase, year-over-year, in freight tonne kilometers (FTKs) moved by member carriers in April – but AAPA also notes that the rate at which traffic is growing is losing steam. While the results are still […]
  • Nina Chamlou
  • May 29, 2018

Cathay Pacific reports 7.9 percent increase in cargo traffic in April

Today, Cathay Pacific Group released its April 2018 traffic figures, showing a substantial increase of 7.9 percent in revenue tonne kilometers (RTKs), year-over-year. The month prior, in March, the group’s carriers experienced a decent, if more modest, figure of 4.9 percent year-over-year – an increase that may suggest that carriers can expect to ride out […]
  • Nina Chamlou
  • May 22, 2018

Heavy-lift carrier Antonov reports 139 percent growth in 2017 traffic, mostly energy-related

Ukrainian carrier Antonov Airlines is living up to its reputation as a major carrier for the robust needs of the oil-and-gas industry. This week, after transporting a 109-tonne power-plant rotor from Genoa, Italy, to Karachi, Pakistan, on one of its An-124-100 aircraft, the Ukrainian airline said energy-related equipment made up 80 percent of its traffic […]
  • Nina Chamlou
  • May 17, 2018

AirBridgeCargo, PACTL sign MOU to cooperate with pharma customers in China

To capture some of the growing pharmaceutical air cargo business in China, AirBridgeCargo Airlines (ABC) and Shanghai Pudong International Airport Cargo Terminal Co., Ltd (PACTL) today signed a “memorandum of understanding” (MOU) to  cooperate on providing handling services for time- and temperature-sensitive shipments, such as pharma cargo. Under the MOU, both parties agreed to “develop, […]
  • Randy Woods
  • May 16, 2018

CEVA releases positive Q1 figures, outlines post-IPO strategy

Less than a month after its initial public offering (IPO) on the Swiss stock exchanges raised about US$1.2 billion for the Dutch logistics firm, CEVA released generally positive figures for the first quarter of 2018, and provided some more details about its partial purchase of French shipping company CMA CGM. Adjusted earnings before interest, taxes, […]
  • Randy Woods
  • May 15, 2018

Silk Way West Airlines further expands routes, adds two 747 aircraft

At the end of April , Azerbaijani carrrier Silk Way West added twice weekly flights between Liége and the carrier’s connecting hub in Baku, as part of its planned  expansion strategy. “The aim is to further knit our European network by adding more destinations and maintaining a denser schedule in order to offer our customers […]
  • Randy Woods
  • May 14, 2018

Asia-Pacific carriers experience robust cargo growth, higher yields, in 2017

With major manufacturing economies in the Asia-Pacific region benefitting from increased trade activity, the area’ airlines reported a robust 9.6 percent jump in international air cargo traffic as measured in freight tonne kilometers (FTK) for the year, according to preliminary aggregated financial performance figures released over the weekend by the Association of Asia Pacific Airlines […]
  • Randy Woods
  • May 14, 2018

Emirates reports higher profits, despite slower cargo growth

This week, Emirates Group released financial results for the fiscal year ended March 31, 2018, reporting an eye-catching increase in overall net profit of 67 percent to US$1.1 billion. However, the cargo arm of its business, Emirates SkyCargo, reported slowing growth, with tonnage carried increasing by 1.8 percent to 2.6 million tonnes in FY2017, which […]
  • Nina Chamlou
  • May 10, 2018

CNS 2018: The ‘Year of the Customer’: A Q&A with CNS President Mike White

Back in February, CNS announced that Michael R. White had been appointed as the organization’s new president. Since joining in 2008, White has held several roles at CNS, most recently as vice president of government and industry relations, where he led CNS operations for advocacy, industry events, the CNS Cargo Agency Settlement System (CASS) and […]
  • Randy Woods
  • May 7, 2018

Volume growth at Pactl raises expectations

Over the past decade, Shanghai Pudong International Airport (PVG) has grown in importance in the air freight universe to the point that it is now the second busiest airport in the world for international cargo, behind only Hong Kong (HKG), and the third busiest for total cargo, lagging only Hong Kong and Memphis (MEM). Pactl, […]
  • David Harris
  • May 7, 2018

Demand flattens, yields soar in March… or do they?

March is usually a good time for reckoning in the air cargo industry. Any lopsided demand figures from the Chinese Lunar New Year surge are generally smoothed out by the third month of the year, and post-holiday inventory restocking generally begins to ebb as spring arrives. The March results from the major data analysis organizations, […]
  • Randy Woods
  • May 2, 2018
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