Wednesday 31 August 2016
 
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air cargo

Global air cargo business posts growth

The global air cargo business, following a poor start to 2016, has picked up in June and reported an increase in worldwide chargeable weight of 2.7 per cent year-over-year (YoY), according to WorldACD Market Data. The uptick in Ju

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Air cargo firms under pressure from freight rate plunge

Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Glob

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Air cargo firms under pressure from freight rate plunge

Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Glob

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Global air cargo volumes dip in November

Global air cargo volumes dropped 0.9 per cent year-on-year (YoY) during November, marking the first monthly decline since June 2013, a report said. Going by the bare worldwide monthly figures, November 2015 was not

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Mideast carriers lead global cargo growth

Middle Eastern carriers saw the strongest cargo growth worldwide with demand (measured in freight tonne kilometres or FTKs) expanding by 10.4 per cent, and capacity rising 14.3 per cent during August, according to data released by the Internatio

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China's Big 3 cargo carriers set for merger

China's three largest airline cargo carriers will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air Ch

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China's Big 3 cargo carriers set for merger

China's three largest airline cargo carriers will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air Ch

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Iata highlights three priorities for air cargo

The International Air Transport Association (Iata) called for further action on three vital aspects of the air cargo business: transitioning to paperless freight processes, a focus on global handling standards for pharmaceutical freight, and tou

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ME carriers record strongest freight growth in January

Middle Eastern carriers continue to post the strongest growth in freight, a report said, adding that their FTKs (freight-tonne-kilometres) expanded 9.2 per cent in January as compared to same month in 2013. The capacity of the reg

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Mideast carriers post strongest cargo demand growth

Middle Eastern carriers enjoyed the strongest growth in air cargo demand during last year, expanding 11.3 per cent in December and 11 per cent for the year as a whole. Airlines in the region extended their networks and grown capac

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