European carriers hold out hope for holiday season despite mixed October traffic 

European carriers’ mixed preliminary traffic results for October indicate a bumpy entrance into airfreight’s traditional peak season against a backdrop of continued uncertainty in global trade and politics. Air France-KLM, Lufthansa Group and International Airlines Group reported year-over-year declines in cargo traffic. Only Turkish Cargo reported volume growth for the month.   For the first ten […]

IATA reports weak September traffic, sees possibility for improvement in 2020  

The International Air Transport Association (IATA) released preliminary data indicating that total industry wide cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 4.5% year-over-year in September. The continued contraction of the market reflects the general disappointment for air cargo toward the start of its traditional peak season.   However, IATA noted in its September Air Freight Market Analysis that most of the decline in […]

Top 40 Cargo Airports: Fastest-growing and slowing in 2018

There were no changes in rank for the five airports with the largest handles during 2018 – all major transshipment hub airports in North America and the Asia-Pacific regions – but the five fastest-growing airports represent bright spots for air cargo during the year and into the future. These include Belgium’s Liege Airport (LGG), Cincinnati/Northern […]

Top 40 Cargo Airports: More movements among the leaders

Still growing – Top 5 airports for growth Among those airports contributing to volatility in airport cargo tonnage during 2018 are four of the five airports reporting the most substantial growth in tonnage during the year. There were no changes in rank for the five airports with the largest handles during 2018 – all major […]

Alaska Airlines’ cargo unit 3Q earnings up despite market volatility

Seattle-based Alaska Airlines reported growth for its cargo unit during the third quarter of 2019, despite weakening global trade sentiment seen over the course of 2019. Alaska Airlines attributed the growth to new capacity available through the Virgin America fleet, as well as strong demand in its continental U.S. network. Operating revenues for the carrier […]

AAPA: Asian carriers practicing prudence amid September 6.5% fall in FTKs 

The Association of Asia Pacific Airlines (AAPA) released preliminary traffic figures indicating a 6.5% year-on-year decline in air cargo demand as measured in freight tonne kilometers for September. According to the AAPA, the decline reflects stagnant international trade activity on the back of continued weakness in external demand.   The average international freight load factor for the month […]

DHL study finds Latin America e-commerce primed for takeoff 

DHL and the Panama Ministry of Commerce released a new report highlighting the massive growth potential of Latin America’s e-commerce market last week during a press event in Panama.   DHL’s white paper, titled, “E-commerce in Latin America and the role of Panama as an e-commerce hub for the region,” specifically focuses on trends shaping online retail […]

Downward trends for Delta, LATAM traffic continue into September 

In the Americas, both Chile-based LATAM Cargo and Atlanta-based Delta Air Lines reported year-over-year declines for the month of September.   Declines in these carriers’ traffic for the month suggest a continued impact of weak trade stemming from global political economic conditions on these carriers’ cargo business. LATAM’s overall y-o-y cargo volumes continue the downward trend for the […]

European carrier traffic for September reflects deteriorated global trade 

Carriers based in Europe and the Middle East reported mixed cargo traffic results for September against a backdrop of intensified downward pressure on global trade, as highlighted by IATA and WorldACD reports earlier this month. Air France-KLM, Lufthansa Group and International Airlines Group reported year-over-year declines in cargo traffic. Only Turkish Cargo reported volume growth for the month.  For the first nine months […]

China-US trade war’s downward pressure on air cargo intensifies in August 

The International Air Transport Association (IATA) released data indicating that cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 3.9% year-over-year in August. Year-to-date traffic is down 3.3% y-o-y. The further decline in traffic from last month suggests that downward pressure on air cargo intensified in August, despite the modest uptick seen in July.   Freight capacity rose 2.0% y-o-y in […]

Do mixed August traffic reports for Asian carriers denote uptick in cargo?

In August’s first look, Asian carriers reported mixed year-over-year declines in cargo traffic. While the impact of volatile global trade relations contributed to most carriers reporting traffic declines for the month, a closer look at the numbers reflects that some airlines actually experienced slight recovery from July declines. Both Mainland China-based Air China and Singapore […]

Delta, LATAM August traffic suffer in weak trade climate 

In the Americas, both Chile-based LATAM Cargo and Atlanta-based Delta Air Lines reported year-over-year declines for the month of August.  Despite the slight reprieve LATAM saw earlier this year in June and July, the return in declines suggests continued impact of weak trade stemming from global political economic conditions on these carriers’ cargo business. Meanwhile, Delta Cargo […]

European, Middle East carriers’ lag in traffic continues into August

Carrier's based in the regions Europe and the Middle East reported mixed cargo traffic results in August as protectionist policies and the upcoming Brexit continue to create friction for global trade. Both Lufthansa Group and International Airlines Group reported year-over-year declines in cargo traffic, while Air France-KLM’s August performance was flat, in comparison to August […]
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