Airbus 20-year forecast predicts massive shift in freighter demand

Airbus has drastically drawn down the number of dedicated freighters it anticipates being in service 20 years hence, according to its recently released “Global Market Forecast, 2016-2035.” The disparity is remarkable, both terms of number of aircraft and the shift in the market that it signals over the next two decades. While last year’s global […]
  • Lewis King
  • July 13, 2016

U.S., Cuba solidify air transport agreement

Tentative approval for scheduled airline services from ten U.S. cities to Cuba may have implications for air cargo movement between the two countries. The news comes months after the U.S. Airforwarders Association (AfA) urged the country’s Department of Transportation (DOT) to assign routes to U.S. airlines that also offer cargo services. Tentative awards have now […]
  • Lewis King
  • July 11, 2016

IATA WATS: Top five carrier ranks unchanged despite slow year

The annual IATA World Air Transport Statistics (WATS) report released today revealed a 1.6 percentage-point decrease in the worldwide freight load factor to 47.4 percent. IATA’s industry performance statistics for 2015 were based on a total of 214.2 billion freight tonne kilometers (FTKs) – up 2.3 percent, year-over-year – against a capacity of 254.2 billion […]
  • Lewis King
  • July 5, 2016

e-AWB penetration resumes growth in May

Following March’s surprising drop off in electronic air waybill (e-AWB) usage, May marked the second month of steady gains. Figures from the International Air Transport Association (IATA) show that global e-AWB penetration in May reached a new high of 39 percent, up from 38.3 percent in April. In May 2016, e-AWB volume reached 571,171 tonnes […]
  • Lewis King
  • July 4, 2016

WorldACD: May another disappointment for air cargo

Air cargo volumes grew by an anemic 0.5 percent in May 2016, measured against the previous year’s May figures, according to WorldACD (see chart above). In a report released this week, the market data company noted significant diversity in performance, with the origin North America market tumbling 4 percent, year-over-year, while the Middle East/South Asia […]
  • Lewis King
  • July 1, 2016

Heathrow non-decision angers airfreight groups

The British government has kicked the proverbial can down the road yet again, deferring the decision on the Heathrow Airport expansion until October of this year. The latest excuse? The Brexit, of course. Prime Minister David Cameron was expected to make a decision this month on whether or not to expand either Heathrow or Gatwick […]
  • Lewis King
  • June 30, 2016

DB Schenker hires uShip to improve freight brokerage

In an effort to capitalize more quickly on the rise of e-commerce, DB Schenker has purchased the exclusive European rights to uShip’s transportation management software (TMS), rather than creating its own system. The two companies signed a five-year deal that uShip’s chief marketing officer Dick Metzler explained as a way for “uShip to support their […]
  • Lewis King
  • June 30, 2016

Latest Drewry numbers are more bad news for airfreight

Airfreight is still in the doldrums, judging by the latest Drewry’s East-West Air Freight Price Index, which fell 1.3 points last month to 79.1, eliminating gains that had been made over the previous two months. May’s grim numbers are the lowest posting since the index was launched in May 2012. In February 2016, the index […]
  • Lewis King
  • June 30, 2016

Cargolux CEO Dirk Reich to step down

Multiple European media sources, including Tageblatt and Radio 100.7 out of Luxembourg, have reported that Dirk Reich, CEO of Cargolux, has decided to leave the company. The reports from Wednesday are based on information from two “well informed” sources, who had apparently spoken to the radio station. Air Cargo Eye has also reported that Richard […]
  • Lewis King
  • June 29, 2016

Istanbul’s Atatürk Airport resumes operations day after terrorist attack

Yesterday’s attack on Istanbul’s Atatürk International Airport by suspected Islamic State militants failed to render the facility inoperable for long, with full passenger and cargo operations set to resume today. While a similar attack at Brussels Airport closed portions of that air hub for most of the month of May, Istanbul resumed service the following […]
  • Lewis King
  • June 29, 2016

New cold-storage facility authorized for Kabul Airport

Authorization has been granted for the construction of a cold-storage facility for agricultural products at the Hamid Karzai International Airport in Kabul, according to a report in the Wadsam Afghan Business News. The paper cited Deputy Director of the Afghanistan Civil Aviation Authority (ACAA) Shah Mahmood Habibi as saying that the new facility would have […]
  • Lewis King
  • June 29, 2016

Chinese cross-border e-commerce purchases to skyrocket in 2016

More than 15 percent of Chinese will purchase e-commerce goods from abroad this year, according to a recent eMarketer report. These 181.2 million e-commerce customers will represent a 41.6 percent increase over 2015, when 128 million Chinese engaged in cross-border online purchases. Companies such as Alibaba, which has a significant stake in the regional online […]
  • Lewis King
  • June 28, 2016

Signs of post-Brexit turbulence ahead for U.K. airfreight

Shortly after the last votes were counted last Thursday, favoring the U.K.’s exit from the European Union by a margin of 52 percent to 48 percent, a slew of graphs appeared online parsing out the nuances of the complicated event. Examined in conjunction, the numbers uncovered some startling trends – most of them troubling for […]
  • Lewis King
  • June 27, 2016

American Airlines Cargo launches daily L.A.-Auckland service

A new Los Angeles (LAX)-Auckland (AKL) passenger service, launched earlier this week, is also providing new connection for airfreight from the United States to New Zealand to and then on to hundreds of destinations around the world. Using a 787, AA Cargo has the ability to reach this new international location nonstop. The new destination […]
  • Lewis King
  • June 24, 2016
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