The Freight 50: Turbulence ahead for the top cargo carriers?

When economic indicators are grim and airfreight businesses are looking for a turnaround, it’s easier to spot the positive signs of hope in the industry. But when the outlook has been rosy – like it has been for much of the last 18 months for air cargo – carriers may have a tougher time preparing […]
  • Randy Woods
  • August 8, 2018

Single African Air Transport Market approved to encourage cross-border trade

The dream of a continent-wide open skies agreement took a step closer in Addis Ababa yesterday at the annual African Union (AU) Summit, when the organization launched the Single African Air Transport Market (SAATM) initiative, designed to improve intra-African air connectivity. Under the SAATM agreement, first proposed three years ago, 23 African nations agreed that […]
  • Randy Woods
  • January 30, 2018

Strong 2016 closeout raises IATA’s global airfreight volumes

Confirming several other reports on the recent surge in demand for air cargo services, the International Air Transport Association (IATA) found that airfreight demand, measured in freight tonne kilometers (FTKs), grew by 3.8 percent in 2016, compared to 2015, according to the latest global data. Growth in 2016 was well ahead of the industry’s average […]
  • Lewis King
  • February 2, 2017