IATA WCS 2017: demand rising but headwinds set to impact air cargo

The economic outlook is bright for air cargo as demand is rising, but there are various headwinds set to impact air cargo, delegates at IATA’s World Cargo Symposium heard today. IATA’s senior economist, George Anjaparidze told delegates growth in air cargo in 2017 is set to be about the same as in 2016 when freight […]

IATA welcomes ratification of Trade Facilitation Agreement

The International Air Transport Association (IATA) has welcomed the entry into force of the Trade Facilitation Agreement (TFA) today. This follows the ratification of the treaty by two-thirds (112) of the 164 member states of the World Trade Organization (WTO) which were needed to ratify the accord. The latest to sign up in 2016 were Gabon, Kyrgyzstan, […]

Key trade lanes drive growth at Hong Kong in July

Cargo throughput at Hong Kong International Airport (HKIA) in July rose year-on-year (YOY) by 4.7 per cent to 380,000 tonnes – driven by growth in key trade lanes. The gateway says a robust 15 per cent YOY growth in transshipments led to respectable growth in cargo volume last month and traffic to and from the key trading […]