Global airfreight demand continues slide, with 4.7% drop in April

Those hoping for a springtime turnaround in demand for worldwide airfreight got their hopes dashed today, as the International Air Transport Association (IATA) released its April 2019 cargo figures, showing that the global airfreight market continues to remain weak, with industry-wide freight tonne kilometers (FTKs) dropping by 4.7%, year-over-year, despite some bright spots regionally. Regionally, […]

Cargo demand continued to sag among Asia-Pacific carriers in March

As we begin to pull away from the January/February time frame that is usually skewed by the effects of Chinese Lunar New Year, the preliminary March cargo figures from the Association of Asia-Pacific Airlines (AAPA) remain depressed, though slightly improved compared to January and February, falling by 3.2% compared to the same month in 2018. […]

Will year-over-year gains begin to decline in September?

Those robust year-over-year monthly gains in air cargo volumes that became the ‘new normal’ over the last year might prove a little more elusive in the months ahead, starting this September according to Cargo Facts senior editor David Harris. With peak season ramping up, and the industry crowing about surging e-commerce volumes, such a prediction […]

Asian cargo carriers headed for a strong finish to 2016

Preliminary traffic figures for November from the Association of Asia Pacific Airlines (AAPA) showed quickening growth in international air cargo demand. Demand climbed 5.3 percent, year-over-year, for the month, which the organization attributed to “broad-based improvements in new export orders.” Monthly freight tonne kilometers (FTKs) rose from 5.8 billion in 2015 to 6.1 billion in […]