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The latest updates from Bringer Air Cargo and the air freight industry
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IATA Predicts 5.8% Air Cargo Growth by 2025
Global air cargo volumes are expected to grow by 5.8% to 72.5 million tonnes in 2025, driven by e-commerce and Red Sea trade. Despite a slight 0.7% decline in yields, freight rates will remain above pre-pandemic levels, with revenues reaching $157 billion. E-commerce growth and geopolitical issues affecting sea freight through the Suez Canal will …
January’s Air Freight Volume Skyrockets by 18.4%
January’s Air Freight Volume Skyrockets by 18.4% According to the International Air Transport Association (IATA) data for January 2024, the global air cargo market had a strong start. Demand measured in cargo tonne-kilometers (CTKs) increased by 18.4%, and available cargo tonne-kilometers (ACTKs) increased by 14.6%. The booming e-commerce sector was the main driver of demand …
IATA World Cargo Symposium
The IATA World Cargo Symposium (WCS) is occurring on September 27-29, in London, England. This event will address how to continue air cargo’s strong performance after the pandemic. Some ways in which this event will build resilience towards air cargo include informing attendees about digitalization, sustainability, how to keep talent, and more. There will be …
Air Cargo Posts Strongest 1st Half-Year Growth Since 2017
IATA has released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019). This pushed first half-year air cargo growth to 8%, its strongest first half performance since 2017. Comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all …
IATA Calls for Borders to Open and Continue Relief Measures
IATA is calling on all governments around the world to work together to urgently find ways to re-establish global connectivity by re-opening their borders and continue with relief measures to sustain the airline industry during the COVID-19 crisis. As government policies continue to frustrate the industry with actions such as closed borders, travel restrictions, and …
IATA approach for industry restart
IATA announced a commitment by the airline CEOs on its Board of Governors to five principles for re-connecting the world by air transport. These principles are: 1. Aviation will always put safety and security first: Airlines commit to work with our partners in governments, institutions and across the industry to: Implement a science-based bio-security regime …
IATA issues new guidance for PAX aircraft
May 4th, 2020, IATA (International Air Transportation Association) issues guidance covering transporting cargo and mail on aircraft that are typically used for passengers. IATA states that following the disruption caused by COVID-19, various airlines have been request guidance on how they can utilize the carriage of passengers to safely transport cargo or mail. Some operators …