WTO global trade barometer suggests continued weakness into 4Q for airfreight

The World Trade Organization’s (WTO’s) Goods Trade Barometer indicates that airfreight is down and below trend through to September 2019, which suggests air cargo will see continued overall weakness into fourth quarter of this year. Though some component indices have stabilized, others continue to decline, reflecting heightened trade tensions and rising tariffs in key sectors […]

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 […]

AAPA: Industry weakness persists with June’s 7.2% declines in FTKs for Asia

The Association of Asia Pacific Airlines (AAPA) released preliminary traffic figures indicating a 7.2% year-on-year decline in air cargo demand as measured in freight tonne kilometers for June. According to the AAPA, this is the eighth consecutive month of declining traffic and volumes for the region.  The average international freight load factor for the month fell 5.1 percentage points to […]

Reports of dismal May traffic continue into June with early Delta stats

Statistics released by the Association of Asia Pacific Airlines (AAPA) and WorldACD indicate air cargo demand continued to fall during the month, as export activity continued to slow in the face of challenging international business climates. Meanwhile, preliminary stats from Delta Air Lines suggest June is likely to be even slower.  WorldACD reported that general traffic for cargo measured in freight tonne kilometers (FTKs) decreased 5.0% in […]