AAPA: 2019 off to a weak start due to fewer exports

Air cargo has got off to a weak start in 2019 due to fewer exports on the back of slowing demand for foreign goods, the Association of Asia Pacific Airlines (AAPA) reports. Demand in freight tonne kilometres was down 3.8% in January to 5.7 billion due to slower growth in major economies and unresolved trade […]

AAPA: Strong growth but demand starting to fall

Cargo demand experienced strong growth across Asia Pacific in 2018 but slowed down significantly at the end of the year, the Association of Asia Pacific Airlines (AAPA) reports. Demand measured in freight tonne kilometres (FTK) was up 3.9% in 2018 to 73.2 billion, but was down 0.7% in December to 6.3 billion due to slower […]

IATA: Flat demand in November a disappointment

Airfreight demand was flat in November, the slowest rate of growth since March 2016, following 31 consecutive months of increases, the International Air Transport Association (IATA) reports. Demand in freight tonne kilometres was 0% in November and while e-commerce continues to grow, IATA says there are signs of weakness in global economic activity, a contract […]

AAPA: Flat growth for Asia Pacific in November

Air cargo volumes remained high but growth was flat in November, according to figures released by the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) were up 0.1% to 6.47 billion while capacity in available FTKs were up 5.9% to 9.9 billion, pushing load factors down 3.8 percentage points to 65.2%. For the […]

AAPA: Strong growth as peak season approaches

Demand remains strong across Asia Pacific as airlines fly into the peak season, with freight tonne kilometres (FTK) increasing 5.6 per cent in October, according to the Association of Asia Pacific Airlines (AAPA). FTKs hit 6.5 billion in October helped by increasing orders going into the peak season, though capacity in available FTK (AFTK) was […]

va-Q-tec opens up in Singapore

va-Q-tec has expanded its global footprint in Asia Pacific with the establishment of an entity in Singapore. Singapore is a central logistics hub with a modern airport and infrastructure, and home to more than 30 pharmaceutical technology firms with offices and manufacturing plants. The temperature controlled pharma market is projected to grow in excess of […]

AAPA: Demand still robust in Asia Pacific

Air cargo demand across Asia Pacific remained robust in September against a backdrop of easing manufacturing production, the Association of Asia Pacific Airlines (AAPA) says. Demand measured in freight tonne kilometres (FTK) grew by 4.4 per cent in September to 6.2 billion while global manufacturing production and new business orders eased. Capacity measured in available […]

Positive growth throughout Asia Pacific

For Air Logistics Group (ALG), South East Asia remains a good place to do business. The GSSA has been enjoying bullish growth in the region, explains ALG CEO Stephen Dawkins. He says: “Our performance in South East Asia so far in 2018 has continued to show consistent year-on-year improvements against 2017 which was an exceptional […]

AAPA: Protectionist rhetoric not hitting air cargo in Asia Pacific

Cargo demand has continued to grow in August across Asia Pacific due to sustained demand, according to the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) were up 4.2 per cent in August to 6.1 billion but capacity in available FTK grew at a higher rate of 5.5 per cent to 9.7 billion, […]

UPS increases capacity in Asia Pacific following strong growth

Increased aircraft capacity is among the network enhancements UPS is making across Asia Pacific following strong growth in the first half of 2018. UPS has welcomed seven new Boeing 747-8s to its fleet, servicing trade routes connecting Asia with the United States and Europe; a total of nine new aircraft will add more than 10 […]

AAPA: Political rhetoric fails to dampen cargo demand in Asia

Political rhetoric has failed to dampen consumer confidence in Asia Pacific with cargo demand increasing five per cent in July, the Association of Asia Pacific Airlines (AAPA) says. Freight tonne kilometres (FTK) were up five per cent in July to 6.3 billion, while capacity in freight available tonne kilometres (FATK) increased by 5.9 per cent, […]

Cathay Pacific reduces losses while cargo revenue increases

Cathay Pacific has significantly reduced its losses for the first half of the year while the cargo sector experienced strong growth. Revenue for Cathay Pacific Group was up 15.7 per cent to HK$53 billion ($6.7 billion) while losses attributable to shareholders being reduced from HK$2 billion in the first half of 2017 to HK$263 million […]

IATA: Growth slows in June as world trade deteriorates

The growth in global airfreight demand continues to slow with freight tonne kilometres increasing by 2.7 per cent in June, the International Air Transport Association (IATA) says. The association says this continues the slowdown that began earlier in 2018, with growth for the first half of the year standing at 4.7 per cent, less than […]

AAPA: Growth continues in June at a moderate pace

International air cargo demand grew in June but at a moderate pace, in line with underlying trade conditions, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres increased by 3.4 per cent to 6.1 billion, though capacity measured in available freight tonne kilometres grew at a faster rate, up 6.4 per cent to […]

AAPA: Asian air cargo grows at encouraging rate in May

Despite protectionist rhetoric and the risk of trade wars, air cargo demand continues to grow at encouraging rates, the Association of Asia Pacific Airlines (AAPA) reports. Airlines in the region saw freight tonne kilometres increasing 4.9 per cent in May to 6.1 billion, though capacity in available freight tonne kilometres increased at a higher rate, […]

AAPA: Demand for air cargo remains strong in April

Air cargo across Asia Pacific has continued to grow at a robust rate in April, the Association of Asia Pacific Airlines (AAPA) reports. The association says that despite signs that international trade flows may be easing, international cargo demand grew by 5.8 per cent in April to six billion freight tonne kilometres. Capacity measured in […]

Premium products fly around the elephant in the room

E-commerce is a common thread amongst those involved in the transpacific trade and rightfully so with one of the world’s largest consumer markets showing seemingly insatiable demand for e-commerce products out of China. “The e-commerce business on this lane is becoming increasingly significant and we are just scratching the surface of its true potential,” says […]

Rolling with the turbulence, trade maintains altitude

Air cargo traffic growth throughout Asia and on the transpacific picked up again in March following weak growth and a somewhat lethargic pick up after the Chinese New Year (CNY) period in mid-February. But make no mistake the transpacific is as solid as ever, Donald Urquhart reports. The transpacific, perhaps the grand-daddy of all the […]

IATA: Air cargo growth slows to a 22 month low in March

Growth in air cargo demand has slowed to a 22 month low as global trade has softened, the International Air Transport Association (IATA) reports. Freight tonne kilometres (FTK) increased by 1.7 per cent in March, five percentage points lower than in February and the slowest pace of growth in 22 months. The association says the […]

AAPA: Moderate but positive growth in March for Asia Pacific

Growth across Asia Pacific proved moderate in March but continued the positive trend seen in previous months, according to the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) grew by 2.8 per cent to 6.3 billion while capacity in available freight tonne kilometres (AFTK) was up 5.6 per cent to 9.7 billion, pushing […]

ACL Airshop continues to expand presence in Asia Pacific

ACL Airshop is continuing to expand its presence in the Asia Pacific region by investing in a full ULD repair station at its existing operations in Hong Kong. The company has grown from a single station in Hong Kong to 14 stations in the region including a ULD repair station at Tokyo’s Narita Airport and […]

AAPA: Cargo demand remains strong across Asia Pacific in February

Demand for air cargo has remained strong in February across Asia Pacific with freight tonne kilometres increasing by 7.3 per cent, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres increased by 7.3 per cent to 4.9 billion in February and by 8.2 per cent in the first two months of 2018 to […]

Damco focuses on returns as it streamlines cross border e-commerce

Damco has unveiled ambitious plans to streamline cross-border e-commerce for its clients, focusing particularly on the lack of services to return items in China. The freight forwarding and supply chain management company says that domestic e-commerce sales rates are expected to flatten in the coming years, while the cross border segment is set to grow […]

IATA: Cargo remains robust in January following an exceptional year

Air cargo demand has continued to grow at a robust rate following an exceptional year in 2017, the International Air Transport Association (IATA) reports. Demand measured in freight tonne kilometres (FTK) rose by eight per cent year-on-year in January, up from the growth of 5.8 per cent in December 2017. The strong growth in January […]

Air cargo demand remains strong across Asia Pacific in January

After a very strong year in 2017, demand for air cargo across Asia Pacific is continuing to grow at a fast rate in January, the Association of Asia Pacific Airlines (AAPA) reports. The association says that air cargo measured in freight tonne kilometres (FTK) increased by 9.4 per cent to 5.7 billion, with capacity in […]

IATA: Air cargo flying after strongest year since 2010

Airfreight demand grew at its fastest rate since 2010, with freight tonne kilometres (FTK) increasing nine per cent in 2017, the International Air Transport Association (IATA) reports. The growth in 2017 was more than double the rate in 2016 and was sealed by solid results in December, when demand grew by 5.7 per cent, which […]

AAPA: Asia Pacific booming after years of tepid performance

Following years of tepid performance, air cargo demand across Asia Pacific registered its strongest growth in years, the Association of Asia Pacific Airlines (AAPA) says. Freight tonne kilometres (FTK) grew by 9.8 per cent to 70.8 billion, the fastest growth rate since the post financial crisis rebound in 2010, and up considerably on 2016, when […]

IATA: Air cargo remains strong in November with 8.8% growth

Air cargo demand has remained strong in November with 8.8 per cent growth despite indicators suggesting the peak of cyclical growth the passed, the International Air Transport Association (IATA) says. The association says the uptick in freight growth coincides with the traditional period of strong demand seen in the fourth quarter, with November’s performance putting […]

AAPA: Demand remains robust in November with 9.2% growth

Air cargo in Asia Pacific has remained robust in November with growth of 9.2 per cent in freight tonne kilometres (FTK), the Association of Asia Pacific Airlines (AAPA) reports. The association says solid expansion in new business orders, underpinned by strong demand from advanced economies helped support growth in air cargo volumes for the region’s […]

Asia Pacific continues to rise as emerging markets open up

The current peak season may be stealing the lime light, but underlying it all has been a solid year for the industry and for one market in particular – SE Asia – air cargo supply chain executives are upbeat on the market’s solid future despite the challenges, Donald Urquhart writes. It is not hard to […]