Changi to extend cargo rebate package
Changi Airport Group is to extend its package of support measures for cargo operators for another year as the worldwide airfreight industry continues to struggle. The measures, worth about 14 million Singapore dollars ($10 million) including a 30 per cent landing fee rebate for scheduled freighter operations and an incentive scheme rewarding agents on the […]
IATA: Accident rate increases in 2015 but improving long term
The global jet accident rate per one million flights increased to 0.32 in 2015 from 0.27 in 2014 but is improving in the long term, according to the International Air Transport Association (IATA) 2015 safety performance. The jet hull loss rate for IATA members was 0.22 or one accident per 4.5 million flights, compared to […]
AFKLMP awarded IATA CEIV certification in Paris and Amsterdam
Air France KLM Martinair Cargo (AFKLMP) has been awarded International Air Transport Association (IATA) Center of Excellence for Independent Validators (CEIV) in both Paris and Amsterdam. The certification covers hub operations at Paris Charles de Gaulle Airport and Amsterdam Airport Schiphol, and Air France and KLM airline processes. It is the first airline group to […]
IATA: Profits rise but cargo remains weak
Airlines saw profits increase by 50 per cent in the fourth quarter of 2015 compared to 2014, despite cargo continuing to struggle, according to the International Air Transport Association (IATA) airlines financial monitor December 2015. The association sampled 14 airlines in North America, Asia-Pacific and Europe, who saw profits for the quarter increase from $2.4 […]
Industry experts talk pharma in Miami
Miami International Airport (MIA) has welcomed pharmaceutical experts from across the industry to discuss its pharma hub designation and best practices transportation, among other topics. The experts discussed Miami’s designation as a pharma hub, best practices for transportation, current and projected demand for bio-pharmaceuticals, and the future impact on local businesses. In November 2015, Miami […]
Industry misses e-AWB penetration target
The airfreight industry has missed the 2015 electronic air waybill (e-AWB) penetration target of 45 per cent set by the International Air Transport Association (IATA), managing just 36.4 per cent. This is in contrast to 2014, when the industry beat the target of 22 per cent target, hitting 24.8 per cent. Penetration rose quickly from […]
IATA: Confidence falling but costs declining
Confidence among airline chief financial officers and heads of cargo has fallen in January, with only 45.7 per cent expect profits to improve over the next twelve months, according to the International Air Transport Association (IATA) In the association’s Airline Business Confidence Index January 2016, it says profit expectations for the next 12 months have […]
Cargologic gains CEIV certification at Zurich Airport
Cargologic has obtained International Air Transport Association (IATA) Center of Excellence for Independent Validators (CEIV) certification for pharmaceutical handling at Zurich Airport. The Swiss WorldCargo ground handling partner says the certification assures cool chain integrity throughout the airline’s network. Pharmaceuticals are very important for the Swiss economy, with pharmaceutical and biotech shipments being transported via […]
Cargo 2000 appoints Chris Davies as its first technical manager
The Cargo 2000 (C2K) board has created a technical manager position and appointed Chris Davies as the first in the role. Davies brings over 14 years of experience in the airfreight IT sector and joins the new Cargo 2000 management team, headed by Ariaen Zimmerman, executive director. Davies has previously served on the C2K Technical […]
IATA: North American profits soar
Airline profits in North America and Europe saw significant improvements while Asia declined and South America increased its losses in the third quarter of 2015, the International Air Transport Association (IATA) says. In its December 2015 Airlines Financial Monitor, IATA says the 77 sample airlines made a net post-tax profit of $12.9 billion in the […]
IATA: November weak but decline bottoming out
Airfreight volumes fell by 1.2 per cent year-on-year in November but are above the low point of August 2015, suggesting the declining demand may be bottoming out, according to the International Air Transport Association (IATA). The association says that the Middle East was the only region to see an increase in November, up 5.4 per […]
Swissport Liège receives pharma certification
Swissport International says that Swissport Cargo at Liège Airport in Belgium has completed the validation process for the International Air Transport Association’s (IATA) Center of Excellence for Independent Validators (CEIV) on Pharmaceutical Logistics. Swissport Cargo Liège is, after Swissport Cargo Brussels, the second Swissport Cargo station to successfully complete the certification process. The cargo handler […]
IATA: Airline profits to rise in 2016 despite cargo weakness
Airlines are expected to make profits of $36.3 billion in 2016, with passenger demand expected to make up for weak cargo growth, the International Air Transport Association (IATA) announced at its Global Media Day in Geneva (Switzerland). The association says of the global total, North America will be responsible for $19.2 billion of net profit, […]
IATA: 2015 has been a weak year
The air cargo industry has had a weak year and is below the peak at the end of 2014, though recovery in the Eurozone is the source of optimistic, the International Air Transport Association (IATA) says. In its cargo chartbook, IATA says global economic growth has been lower than expected in 2015, meaning air cargo […]
Challenges in air cargo industry set to continue, IATA
This year has been a turbulent 12 months for the air cargo industry with yields under pressure, demand weak and growth flatlining, but the “challenging environment will be the norm” moving forward, according to the International Air Transport Association’s (IATA) head of cargo Glyn Hughes. He was speaking at the association’s annual Cargo Media Day in […]
Europe and North America drive airline profit increase
Airlines have seen profits increase in the third quarter of 2015 to $12.2 billion with North America and Europe making up for weakness elsewhere, according to the International Air Transport Association (IATA) airlines financial monitor November 2015. The IATA report says North American airlines have seen net post tax profits almost double from $3.4 billion […]
AirBridgeCargo renews IOSA operational safety certification
AirBridgeCargo Airlines (ABC) has successfully passed the audit procedures for compliance with the International Air Transport Association’s (IATA) Operational Safety Audit (IOSA), renewing its certification for a further two years. The carrier says the extension of the IOSA certificate acknowledged its conformance with the highest global air safety requirements and follows a five-day inspection by […]
Air cargo volumes continue to flatline, IATA reports
Airfreight volumes continue to flatline, according to the International Air Transport Association (IATA). The association released data for global airfreight markets, which show volumes measured by freight tonne kilometers (FTK) rose just 0.5 per cent in October compared to a year ago. Year-over-year (YOY) expansion fell back from September’s faster growth rate, and total cargo […]
IATA e-AWB end of year target likely to be missed
Electronic air waybill (e-AWB) penetration has risen to 35.1 per cent in October, an improvement on September but reaching the end of year target of 45 per cent is unlikely. Penetration increased by 0.9 per cent over September, according to the International Air Transport Association, but this is a slowdown compared to previous months, which […]
Airline industry performance solid, IATA says
The financial performance of the airline industry has “remained solid” with initial results for the third quarter (Q3) showing large profit improvements in major regions, according to the International Air Transport Association (IATA). The association gave details in its Airlines Financial Monitor for September-October, where it sampled the finances of 23 carriers. IATA explains: “Airline […]
Freight Transport Association praises Heathrow expansion plans
The Freight Transport Association (FTA) has praised Heathrow Airport for its plans to invest £180 million ($277.6 million) to double airfreight volumes. The airport will be spent on cargo facilities, processes and people. It will include a specialist pharmaceutical storage area to cater for ever rising demand for high value and temperature sensitive medicine. The […]
CAL Cargo Airlines receives IATA CEIV pharma certification for all operations
CAL Cargo Airlines has received International Air Transport Association (IATA) Center of Excellence for Independent Validators (CEIV) certification for pharmaceutical logistics for all operations as an airline and for ground handling. The airline and its logistics hub at Liege Airport in Belgium are now CEIV certified, which CAL says makes it the first group to […]
CHAMP and CONNECTA partner to improve eAWB penetration
CHAMP Forwarding Systems and CONNECTA have launched a strategic partnership to help CONNECTA’s small and medium sized freight forwarders speed up electronic air waybill (eAWB) penetration. CHAMP Forwarding Systems, a subsidiary of CHAMP Cargosystems, says the partnership will help CONNECTA members participate in International Air Transport Association (IATA) eAWB and e-freight initiatives more easily. CONNECTA […]
