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- 1. Signs of Stabilization as Air Cargo Grows in January
Asia Pacific carriers, which represent some 39.2% of global air cargo, saw year-on-year demand growth of 7.1% while capacity was down 0.4%. Adjusting for the effect of Chinese New Year, it is estimated that the regionís carriers saw demand growth of about 3.0%. The regionís airlines have captured about 60% of the growth in FTK volumes seen in January compared to October.
- 2. Global Air Freight Growth Concentrates in Asia and Middle East
IATAís November 2014 data for global air freight markets shows that demand measured in freight tonne kilometers (FTK) grew 4.2% compared to November 2013. Capacity grew by 3.3% over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8%. The most significant growth was recorded by carriers in the Asia Pacific and Middle East regions, at 5.9%
- 3. Global Air Freight Experiences Modest Growth in March
IATAís latest data for global air freight markets shows a modest 1.6% rise in volumes in March compared to a year ago, measured in Freight Tonne Kilometers (FTK). The industryís March performance stands in sharp contrast to the exceptionally strong 12.2% rise reported for February, a month which was positively skewed by the combined impacts of the timing of the Lunar New Year and t
- 4. Lunar New Year and US Port Congestion Boosts February 2015 Air Freight
IATAís February 2015 data for global air freight markets shows a sharp increase in year-on-year air freight volumes. Growth measured by freight tonne kilometers (FTK) was up 11.7% in February, compared to February 2014. Capacity grew 7.4%. Much of the impressive February result is due to the timing of the Lunar New Year activities. Air freight is given a strong boost in the weeks l
- 5. Sluggish Air Cargo Growth Continues
IATA's data for global air freight markets in May 2015 shows continued growth. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1%, the slowest rate this year and outpaced by a capacity expansion of 4.3%. On a year-to-date basis, freight volumes are up 4% on the previous year, but much of that growth was realized in the latter part of 2014.
- 6. Air Freight Slowdown Continues; Several Regions in Decline
IATA's June 2015 global air freight data shows a slowdown in growth. Air freight volumes measured in freight tonne kilometers (FTK) rose just 1.2% compared to a year ago which is consistent with falling trade activity and weaker than expected global growth. Regional performance varied widely. Asia Pacific, North American and Latin American carriers reported year-on-year declines (-
- 7. Korean Air to establish New Cargo Terminal at Tianjin Binhai International Airport
Korean Air to establish New Cargo Terminal at Tianjin Binhai International Airport. Korean Air, the world's largest commercial cargo carrier in terms of FTK (freight ton-kilometers) volume, is strengthening its position in the China market with the establishment of a new cargo terminal at the Tianjin Binhai International Airport through a joint venture with Sinotrans Air Transporta
- 8. Air Freight Makes Solid Start to 2016; FTKs Up 2.7% in January
IATA's data for global air freight markets in January 2016 shows a rise in freight tonne kilometers (FTK) of 2.7% compared to January 2015. This continues the improving trend witnessed toward the end of 2015, and is the fastest pace since April of last year. The freight load factor (FLF) fell 1.8 percentage points, however, indicating that yields are likely to come under further pr
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