Thursday, July 18, 2024

ACI: Chinese New Year helps February freight volumes

Incheon International Airport

Worldwide freight volumes grew 7.8 per cent, with international freight seeing the strongest growth, helped by the timing of Chinese New Year, Airports Council International (ACI) says. The association says international freight was up 9.6 per cent and domestic volumes by 3.1 per cent in its FreightFlash summary. Asia-Pacific saw the strongest growth, up 14.5 […]

WorldACD: Early Chinese New Year creates January surge

Year-on-year cargo growth slowed to 4.9 per cent in January with an early Chinese New Year creating a flurry of activity before falling away after the big day, WorldACD Market Data says. Chinese New Year was on 28 January this year, compared to 8 February in 2016, which WorldACD says created a flurry of activity […]

ACI: 16 of the top 20 hubs see freight declines in February

The Airports Council International (ACI) says airfreight volumes at airports across the globe were down by 4.1 per cent in February – due to the timing of Chinese New Year and the disruption of the US West Coast sea ports a year ago. ACI says air cargo reveals an “entirely different story” to the growing passenger market […]

January increase for Cathay Pacific despite overcapacity fears

Cathay Pacific and Dragonair saw cargo volumes increase slightly in January by 0.3 per cent to 147,690 tonnes helped by a pre-Chinese New Year boost, though overcapacity fears continue. The cargo load factor fell by 1.8 percentage points to 61.6 per cent with available tonne kilometres up four per cent to just under 2.6 billion. […]