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 […]

Hyderabad aims to boost connectivity with cargo charter program launch 

GMR Hyderabad Airport Cargo launched its “Hyderabad Cargo Charter Circle (HC3)” handling program on Oct. 11, Hyderabad International Airport (HYD) operator GMR Hyderabad International Airport Ltd. (GHIAL) announced yesterday. The program is intended to boost cargo charter operations out of Hyderabad Air Cargo Terminal in support of GHIAL’s aims to develop HYD into a South Asian […]

Weakness in air cargo drags on into July, IATA reports 

The International Air Transport Association (IATA) released data today indicating that cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 3.2% year-over-year in July. Year-to-date demand is down 3.5% y-o-y. The further decline in traffic from last month suggests the air cargo industry is still experiencing the impact of political economic uncertainty.   Freight capacity growth rose […]