Volumes grow but overcapacity hits yields at Ethiopian

As a major player in the African market, Ethiopian Airlines has suffered from declining yields caused by overcapacity, but Ethiopian Cargo managing director Fitsum Abadi (pictured below) says cargo traffic has grown strongly. He says the industry has seen huge capacity growth compared to demand, primarily due to extra space on wide-body passenger aircraft, hitting […]

Double-digit volume growth but yields keep falling

After a slow start to 2016, growth picked up in September with a surplus of business like never before in December, Kales Group chief executive officer, Peter Kales (pictured above) tells Air Cargo Week (ACW) staff writer, James Muir. He says volumes grew 15 per cent but yields narrowed month by month, and growth would […]

Survey finds rising freight capacity will continue to affect yields

Airline heads of cargo forecast ongoing increases in freight capacity will continue to weigh heavily on freight yields over the year ahead. This was found in the International Air Transport Association’s (IATA) Airlines Business Confidence Index for April 2016, in which it surveyed senior cargo chiefs. IATA says: “More than one-quarter of respondents reported lower volumes […]