ACI: Outlook for airfreight remains negative
The outlook for airfreight remains negative, with volumes declining by 4.2% in September, according to Airports Council International (ACI). Year-to-date airfreight was down 3.1% and with three months left, ACI says it is unlikely global trade will grow. International volumes were down 4.2% in September and domestic airfreight dropped by 4%. International airfreight was also […]
ACI World: 10th bad month for airfreight
Airfreight has declined for the 10th consecutive month, with August falling 5% according to Airports Council International (ACI) World. All regions of the world declined on a year-on-year basis, with North America proving least bad, only falling 3.2% while Africa was down 10.3%. Year-to-date freight volumes are down 2.9%, with international freight falling 4.6%, and […]
ACI World: 2019 could be a bad year for airfreight
Airfreight is continuing to go down, and may well end 2019 in the negative, according to Airports Council International (ACI) World. After falling 2.8% year-on-year in May, the global freight market was down 5.1% in June, pushing the total for the first half of 2019 down 3.2%. The airfreight figures are in contrast to the […]
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. […]
Freight at Nairobi grows 75.5% as Africa tops regional growth
Nairobi’s Jomo Kenyatta International Airport saw the most significant growth of global gateways in August, according to figures released by the Airports Council International (ACI). The airport recorded a 75.5 per cent year-over-year (YOY) increase in freight volumes, but having been in negative territory for several months in the last year, it was able to recover […]
ACI: Volumes to rise 7.4% over the next two years
The Airports Council International (ACI) forecasts in its latest edition of the World Airport Traffic Report that air cargo volumes will rise at rates averaging 7.4 per cent worldwide for the rest of the year and into 2018. ACI says over a two-year period, this growth will add up to an estimated 16.9 million additional tonnes by […]
ACI: stronger global economy drives May growth of 11.1%
The strengthening global economy fuelled growth of 11.1 per cent in airfreight in May, according to the Airports Council International (ACI). ACI says after a period of economic uncertainty regarding US trade policy and risks related to the UK’s vote to withdraw from the European Union, global commerce is “no longer sidelined”. The association says […]
ACI: Global volumes up 6% in April despite global trade uncertainty
Global airfreight volumes increased six per cent in April despite uncertainty on global trade, Airports Council International (ACI) reports. It says business confidence remains strong despite global trade uncertainty and economic integration in the USA and United Kingdom. International trade made gains on the cyclical recovery in the global economy, translating into robust growth in […]
ACI: freight up 8.3% in Q1 across world’s airports
The Airports Council International (ACI) says improvements in business confidence, economic outlook and global trade helped revive airfreight volumes at the world’s airports in the first quarter (Q1) of 2017. ACI notes overall freight volumes increased 8.3 per cent year-over-year in Q1 of 2017 and 10.9 per cent for the month of March with this increase coinciding […]
ACI: 5.7% volumes growth across world’s airports in January
The Airports Council International (ACI) reports that air cargo volumes grew at airport across the globe by year-on-year (YOY) by 5.7 per cent in January. All regions posted surges ACI explains, including hubs in the Latin-America Caribbean market. Africa saw growth of 9.6 per cent, Europe 8.3 per cent, North America 5.1 per cent, the Middle […]
ACI: Consumer electronics help airfreight surge 8.1% in November
Worldwide airfreight volumes grew 8.1 per cent driven by consumer electronics and global digitisation, Airports Council International (ACI) says. It says international airfreight was up 9.2 per cent while domestic volumes grew 5.6 per cent, with the global electronics market generating a surge in demand due to close release dates for competing consumer products. ACI […]
ACI: strong growth of 5.9% in September
Airfreight volumes surged by 5.9 per cent in September, according to the Airports Council International (ACI) and for once the Middle East was not the main driver of growth. ACI says international freight grew by seven per cent compared to domestic growth of 3.3 per cent, which has helped airfreight volumes inch up 1.8 per cent […]
ACI World: Hong Kong retains spot as world’s busiest cargo airport
Hong Kong International Airport retained its spot as the world’s busiest cargo airport as the whole market registered modest growth of 2.6 per cent in 2015, Airports Council International (ACI) says. In its 2015 ACI World Airport Traffic Report, the association reports that air cargo growth was slower than the passenger division due to subdued […]
ACI: airfreight volumes lacklustre in May
The Airports Council International (ACI) says airfreight volumes remained in a “lacklustre state in May, due to the backdrop of sluggish global trade growth. ACI explains while the industry was vulnerable to the macroeconomic context, it was also competing with other modes of delivery as freight load factors continued to exhibit weakness. Total global freight […]
ACI: International freight weak while domestic volumes grow
Worldwide freight grew by 1.1 per cent in March, with domestic growth making up for international weakness, Airports Council International (ACI) says in its March 2016 FreightFlash. International volumes were down by 2.1 per cent in March, with North America down by 11.9 per cent, followed by Latin America-Caribbean at 4.1 per cent, with Asia […]