IATA: Industry is confident for 2018 as profits improve
Profitability improved in the fourth quarter of 2017 and airline chief financial officers and heads of cargo are increasingly confident about the future, IATA reports. In the association’s Airline Business Confidence Index January 2018 Survey, the International Air Transport Association says 75 per cent of respondents indicated an improvement in year-on-year profitability in the fourth […]
Growth remains on the agenda for Germany
The end of 2017 made welcome reading for the German airfreight sector, discovers David Craik. International Air Transport Association (IATA) figures showed European airlines posted a 10.3 per cent increase in freight demand in September and a 6.4 per cent rise in October. IATA said that one of the key drivers behind the figures – […]
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 […]
Delta Cargo expands IATA CEIV network across Europe
Delta Cargo has expanded its IATA CEIV network across Europe with the addition of Dusseldorf Airport, operating the facilities in conjunction with Air France KLM. The airline has 50 pharma approved stations around the global with seven International Air Transport Assocation Center of Excellence for Independent Validators (IATA CEIV) approved facilities all connected to Delta’s […]
CNS and PayCargo team up for new import payment solution
IATA subsidiary Cargo Network Services (CNS) has partnered with online payment system provider, PayCargo to offer the US air cargo industry a new payment solution for imports into the US called the PayCargo-CNS System. The new PayCargo-CNS System will be the online payment processing engine for expedited payments at US stations of participating Airlines for […]
IATA: Airline profits to hit $38b in 2018, cargo to remain strong
Airline profits will rise to $38.4 billion in 2018, while cargo volume growth will return to a normal pace after booming in 2017, the International Air Transport Association (IATA) forecasts. Net profits will rise from the $34.5 billion expected to be seen in 2017, which has been revised from $31.4 billion in IATA’s June forecast, […]
IATA: October growth signals start to strong fourth quarter
Airfreight volumes have grown by 5.9 per cent in October, which the International Air Transport Association (IATA) says signals a strong start to the fourth quarter. The association says though October was slower than the annual growth of 9.2 per cent in September, it was still above the annual average of 3.2 per cent seen […]
IATA: UK must provide clarity about Brexit and Heathrow expansion
The International Air Transport Association (IATA) is urging the UK government to focus on a cost effective expansion of Heathrow Airport and providing clarity on post-Brexit issues. Director general and chief executive officer, Alexandre de Juniac was addressing the UK Aviation Club, where he highlighted the issues the UK could face following its departure of […]
IATA: airfreight demand dips slightly, but still up 9.2%
Airfreight demand fell slightly in September, but was still up 9.2 per cent on the same month last year, the International Air Transport Association (IATA) reports. Freight tonne kilometers or FTKs saw their slowest pace of growth seen in five months. However, it was still significantly higher than the five-year average growth rate of 4.4 per cent. […]
IATA: Profits improving and airlines expect continued growth
Profits have improved over the last three months and are unlikely to decrease over the next year, airline heads of cargo and chief financial officers have said in a survey. The International Air Transport Association (IATA) released it Airline Business Confidence Index October 2017 survey, and it says 80 per cent of respondents reported profitability […]
Cathay Pacific awarded CEIV Pharma certification
Cathay Pacific has become the first airline in Hong Kong to be awarded the International Air Transport Association’s (IATA) CEIV Pharma certification. The carrier says this underlines its capabilities in the treatment and transportation of high-value, time-sensitive and temperature-controlled pharmaceutical products with “speed, consistency and efficiency”. Cathay Pacific director of commercial and cargo, Ronald Lam […]
Steps taken to audit shipping and develop packaging standards
The call for a lithium battery certfication scheme is one that much of the industry would echo. International Air Transport Association (IATA) assistant director for cargo safety & standards, Dave Brennan highlights work of the Medical Devices Battery Transport Council, which is working with the UPS Pilots Association to create a ‘Safe 2 Fly’ system […]
Industry concerns remain high on lithium batteries
Lithium batteries and their safety continue to dominate the dangerous goods (DGR) agenda in the airfreight industry. Cargoes of lithium batteries were implicated in fires which destroyed a UPS aircraft in Philadelphia in 2006, caused UPS Flight 6 to fatally crash in Dubai in 2010 and the loss of Asiana Airlines Flight 991 near South […]
Cargolux passes enhanced IOSA audit with flying colours
Cargolux Airlines International has passed its sixth IOSA audit designed to assess the operational management and control systems of an airline. The International Air Transport Association (IATA) Operational Safety Audit (IOSA) program renewal takes five days with five auditors checking Cargolux on 900 different standards. In preparation, a team of 20 people from all concerned […]
Des Vertannes inducted into TIACA Hall of Fame
Air cargo veteran and former IATA head of cargo Des Vertannes has been inducted into the TIACA Hall of Fame. Vertannes has fostered and led industry collaboration in e-freight, cargo security and handling, initiated the Global Air Cargo Advisory Group (GACAG) and pushed to modernise the relationship between airlines and forwarders over a career spanning […]
IATA integrates Cargo-XML into WCO’s Cargo Targeting System
The International Air Transport Association (IATA) Cargo-XML messaging standard has been fully integrated into the World Customs Organization (WCO) Cargo Targeting System (CTS) risk assessment tool. The integration of Cargo-XML in the WCO CTS enables electronic communication between airlines and customs authorities using the IATA Cargo-XML standards format. This will make communication simpler and more […]
Addressing gaps in pharma logistics the key to growth
There is no disputing the substantial growth of high-yield pharmaceutical traffic, but as more and more players join the bandwagon, are pharma shippers getting all they bargained for? Donald Urquhart writes. With an estimated $12 billion currently being spent on cold chain biopharma logistics, the International Air Transport Association (IATA) forecasts this figure will rise […]
Fourth double digit month in five months but growth may be peaking
Air freight has grown at double digit rates for the fourth time in five months but the International Air Transport Association (IATA) warns that growth may be nearing a peak. Demand measures in freight tonne kilometres (FTK) increased by 11.4 per cent in July compared to the same month in 2016, and at nearly four […]
Cargo grows 4.8% at Miami in first half of 2017
Cargo shipments grew 4.8 per cent in the first half of 2017 at Miami International Airport with growth on both domestic and international routes. Domestic traffic was up 8.3 per cent and international cargo by 3.7 per cent. Middle Eastern carriers experienced growth of 114 per cent compared to the first half of 2017, and […]
Airline finances looking robust as profit margin squeeze peaks
Airline financial results are looking more robust suggesting the squeeze on profit margins have peaked, with freight experiencing its strongest first half growth since 2010, IATA says. The International Air Transport Association (IATA) says the squeeze on profit margins from higher costs and weak yields peaked in the first quarter, with airline profits improving in […]
Delta Cargo gains approval to use Envirotainer RAP e2 containers
Delta Cargo has been given approval to use Envirotainer RAP e2 containers on domestic and international widebody aircraft services. The airlines says the container is ideal for shipments requiring strict temperature control between +0C and +20C, and follows the news that Delta Cargo has been awarded International Air Transport Association Center of Excellence for Independent […]
IATA: Strong performance confirmed with 11% growth in June
Air cargo’s strong performance in the first half of 2017 was confirmed with year-on-year growth of 11 per cent in June, the International Air Transport Association (IATA) says. Freight tonne kilometres were up 10.4 per cent in the first half, the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in […]
Delta Cargo gains IATA CEIV Pharma certification
Delta Cargo has become the first global carrier based in the USA to gain IATA CEIV Pharma Logistics certification. The International Air Transport Association Center of Excellence for Independent Validators (IATA CEIV) certification was awarded to the company at the headquarters level and at its Atlanta hub. Delta has created the first trans-Atlantic network connecting […]
IATA: Industry must not rest on laurels despite 13% growth in May
Airfreight has grown 12.7 per cent in May but the industry must not rest on its laurels despite the positive outlook, the International Air Transport Association (IATA) says. Freight tonne kilometres (FTK) grew 12.7 per cent year-on-year in May, up from 8.7 per cent in April, and more than three times the five-year average growth […]
Outlook increasingly positive as profit margins widen
Airline head of cargo are increasingly positive about the demand outlook for the year as loads continue to recover, freighter utilisation increases and profit margins widen. In the Cargo Chartbook Q2 2017, the International Air Transport Association (IATA) reports that freight tonne kilometres (FTK) “remained robust” in the three months ending April 2017 and airline […]
CEIV Pharma certificate for CEVA in Singapore
CEVA Logistics has been awarded the International Air Transport Association’s CEIV Pharma certificate at its facility in Singapore. The freight firm’s staff in Singapore have undertaken the training program conducted jointly by IATA and Changi Airport Group, in readiness for the certification. A quality team was established at the company’s facility at the Air Logistics […]
Innovation improving in China but more needs to be done
China’s central government has done well in adopting the needed policy and legislative framework to enable air cargo but some areas still need to be tackled although innovation by companies is seeing the sector power ahead. Beijing has ratified the relevant international conventions needed to enable electronic air waybill (eAWB) and support development of the […]
IATA AGM 2017: IATA adopts air cargo modernisation resolution
The International Air Transport Association (IATA) adopted a resolution to accelerate modernisation and transformation of the air cargo industry at its 73rd Annual General Meeting in Cancun, Mexico. The resolution calls on the air cargo industry to take a customer-centric approach to transformation to meet the evolving needs of shippers and urged the industry to […]
Rhenus expands in Indonesia with office in Surabaya
Rhenus Group continues to expand in South East Asia with a business site in Surabaya, Indonesia’s second largest city. This will be its fourth site in Indonesia when it opens in August, with two sites in Jakarta, one in Semarang, which opened in February this year, and now in Surabaya. It will offer air and […]
IATA: Airfreight growth slows in April but still up 8.5%
Global airfreight growth slowed in April but freight tonne kilometres still rose by 8.5 per cent, well above the five year average, International Air Transport Association (IATA) data shows. The April figure is down on the 13.4 per cent growth seen in March but well above the 3.5 per cent five year average, and all […]