Pearce: No growth for the last 12 months is ‘something to worry about’

SINGAPORE – Economic reports are often a mixed bag. For every positive sign, there are several lurking omens that could spell disaster. On March 12 at IATA's World Cargo Symposium (WCS), Brian Pearce, chief economist at IATA, addressed the current economic conditions of the air cargo industry, and it was hard to read his assessment […]
  • Nina Chamlou
  • March 12, 2019

Can integrated trade survive in these protectionist times?

SINGAPORE – At IATA's World Cargo Symposium (WCS), speaker Brian Pearce, chief economist at IATA, said at the “Enabling Global Trade” panel discussion that he thought the industry was “at a dangerous junction, because in many ways, I think the West is moving away from that model that is the integrated world that we were […]
  • Nina Chamlou
  • March 12, 2019

IATA: Jan. air cargo volumes represent “worst performance in the last three years”

In a report released today by IATA, data for global airfreight markets indicates that demand for air cargo, measured in freight tonne kilometers (FTKs), decreased by an average of 1.8 percent, year-over-year, in January – which IATA called the “worst performance in the last three years” – while available capacity increased again, by 4 percent, […]
  • Nina Chamlou
  • March 7, 2019

WorldACD: Air cargo volumes in Jan. down, but specific industry volumes grew

WorldACD’s analysis for January bolsters the emerging theme of year-over-year drops in air cargo traffic – with the month showing a 2 percent decline in volume, y-o-y, as well as a decrease in overall yield, measured in U.S. dollars, of 2.5 percent. Breaking the picture down to specific channels, however, there are each some observable […]
  • Nina Chamlou
  • March 4, 2019