Tag: air cargo

Boeing Considers Launching Re-Engined 767-XF

Reading Time: < 1 minute Multiple reports reveal that Boeing is considering the possibility of launching a re-engined Boeing 767 cargo aircraft called the 767-XF. The passenger model of this type is also a matter of study. According to FlightGlobal, the main Boeing’s focus is on the opportunity of developing enhanced aircraft to serve air freight market. The new plane […]

US-China Trade War Weighs Heavily on Air Cargo

Reading Time: < 1 minute The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.9% in August 2019, compared to the same period in 2018. This marks the tenth consecutive month of year-on-year decline in freight volumes, the longest period since the global financial crisis […]

Qatar Airways Shakes the Ground with Multi-Billion Agreements

Reading Time: < 1 minute Rapidly growing its operations and expanding fleet capabilities, Qatar Airways has struck multiple deals again. An order for five Boeing 777 Freighters and several agreements with GE Aviation. Five more Freighters for air cargo operations Qatar Airways purchased to better serve more than 60 global destinations and supplement the current fleet of 23 cargo planes, […]

Air Cargo Demand Continues Negative 2019 Trend

Reading Time: < 1 minute The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in January. Freight capacity, measured in available freight tonne kilometers […]

ICAO: Solid Passenger Traffic Growth in 2018

Reading Time: < 1 minute Preliminary figures released by the International Civil Aviation Organization (ICAO) show a total of 4.3 billion passengers were carried by air transport on scheduled services in 2018. This indicates a 6.1 per cent increase over 2017. The number of departures rose to approximately 38 million globally, and world passenger traffic grew solidly at 6.7 per […]

Air Freight Demand up 9% in 2017, Strongest Growth Since 2010

Reading Time: 4 minutes The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 3.0% in 2017. This was […]

Air Cargo Posts Strongest First Half-Year Growth Since 2010

Reading Time: 4 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and […]

Global Air Freight Demand Increases 13% in May

Reading Time: 3 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year […]

Global Air Freight Demand Increases 14% In March

Reading Time: 3 minutes The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew […]

Amazon to Build Air Cargo Hub at Cincinnati

Reading Time: < 1 minute Online retail giant Amazon has announced plans to build an air cargo hub at Cincinnati/Northern Kentucky Airport in Hebron, U.S. The move is intended to support its growing fleet of aircraft and should create in excess of 2,000 jobs. It is anticipated the costs will be in the region of US$1.5 billion. Having agreed to […]