17 December 2023  IATA is expecting air cargo demand to increase by 4.5% next year while pressure on rates is expected to bring down revenues for the sector. The airline association said the projection of a cargo tonne km increase next year comes on the back of the International Monetary Fund’s prediction of a 3.5% increase in trade and follows an estimated fall of 3.8% in airfreight demand this year. |
4 December 2023  Lufthansa Cargo is expanding its A321F network in Europe with the introduction of Helsinki, and additional capacity from Copenhagen. |
22 Comments21 September 2023  Air cargo enjoyed record demand when COVID-19 closed borders and snarled supply chains. Now, it is reeling from overcapacity and tumbling freight rates as the freight boom makes a hard landing. |
13 September 2023  After a long, steep fall in rates and now a summer lull, hopes are rising for some sort of modest peak season in air freight – one that won’t be either too hot or too cold for markets, but just right |
8 September 2023  North Africa has bucked the air freight market trend of the first half of the year, recording buoyant growth in tonnage, with commentators suggesting it is Europe’s potential “China+1” destination. |
30 August 2023  SASI World has unveiled a comprehensive set of protocols for airports, airlines and on-airport operators to process air cargo in the post-Covid environment. |
28 August 2023  Back in June, feedback from the air cargo charter market pointed to an oversupply of freighters, pulling down rates and leaving some operators with their backs to the wall. |
2 Comments8 August 2023  Cutting emissions from aviation will cost hundreds of billions of dollars – and companies and governments are going to have to accept that they must pay for it. |
3 August 2023  Forwarders are taking big risks in the air cargo market as they look to maintain volumes despite rates seeing a 41% drop since last year, with global spot rates now at $2.31 per kg. |
28 July 2023  Indices and forwarders are reporting a slight tightening of the air cargo market, with rates edging up. |
