Articles
Air Cargo
Good Start for Air Cargo? Too Early to Tell
2018 looks to be off to a flying start for the air cargo industry, according to World ACD, but it may be too early to celebrate. Worldwide air cargo yield dropped to USD $1.89 (U.S. dollars) in January 2018, 7.8 percent below December, but 16.8 percent higher than January 2017. MORE TO THE STORY: World […]
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Airline Confidence Stays High
Airline management confidence remains high, despite concerns about higher fuel costs, and an expectation that profits will fall from 2017, according to the International Air Transport Association’s (IATA) latest Airline Business Confidence Index. Among the index highlights: Nearly 75 percent of airline CFOs and heads of cargo indicate an improvement in year-on-year profitability in Q4 […]
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Special Delivery
With delivery dates of June 2018 and January 2019, Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, is leasing the first Aeronautical Engineers Inc.(AEI)-converted Boeing 737-800 freighters (737-800SF) from GE Capital Aviation Services. “In line with our Vision 2025 Ethiopian Cargo and Logistics strategic roadmap, we are expanding our cargo fleet […]
Read MorePeak Season Piques Airfreight Demand
Global air freight is on track to achieve its strongest operational and financial performance since the post-global financial crisis rebound in 2010. Demand measured in freight ton kilometers (FTKs) rose in November 2017 by 8.8 percent over 2016 totals, according to the International Air Transport Association (IATA). While the 2010 gains lasted for about one […]
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Transportation Trends: Turn up the Air
The airfreight market has been flying high, but headwinds persist.
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Innovation in the Air Cargo Space – Rickenbacker
With an emphasis on speed and service, Rickenbacker International Airport helps shippers move freight with speed, care, and efficiency.
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Global Supply Chain Suffers Disruptions Amid Diplomatic Crisis
Disagreements in the Middle East left the supply chain reeling as Saudi Arabia, Egypt, United Arab Emirates (UAE), Bahrain, Libya, and Yemen cut political and business ties with Qatar and accused the small Middle Eastern nation of supporting radical Islamic terrorism in the region. As part of efforts to sever contact, the countries shut down […]
Read MoreWill Stagnant World Trade Hurt Air Cargo?
Global airfreight demand, measured in freight tonne kilometers, grew by 3.8 percent in 2016 compared to 2015, according to data released by The International Air Transport Association (IATA). This was nearly double the industry’s average growth rate of 2 percent over the past five years. Freight capacity, measured in available freight tonne kilometers, increased by […]
Read MoreGlobal Air Freight Demand Sees Fastest Pace of Growth Since 2010
The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets are showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), […]
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