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HKIA, Changi air cargo traffic goes flat

HKIA, Changi air cargo traffic goes flat

Aug. 13 | Air cargo traffic growth at Hong International Airport (HKIA) was at a standstill in July, even as passenger movements continued to strengthen. HKIA’s cargo and airmail throughput remained steady in July at 433,000 tonnes compared to last year, but...

Growth slowdown continues for air cargo markets

Growth slowdown continues for air cargo markets

Aug. 11 | Global air freight markets, including those in Asia-Pacific, continued their growth slowdown in June and the first half of 2018, owing to three factors, according to the International Air Transport Association (IATA). IATA data shows that global air freight...

Airport freight traffic speeds up despite geopolitical pressure

Airport freight traffic speeds up despite geopolitical pressure

Aug. 8 | Amid rising geopolitical risks, global freight volumes at airports picked up speed in May while passenger traffic growth remained resilient during the month, according to the latest figures from Airports Council International (ACI) World. “The air...

Cebu Pacific affirms additional order for five A320neo jets

Cebu Pacific affirms additional order for five A320neo jets

Aug. 7 | Image from https://www.airbus.com/aircraft/passenger-aircraft/a320-family/a320neo.html Low-cost carrier Cebu Pacific continues to ramp up its fleet expansion with the confirmed addition of five Airbus A320neo (new engine option) aircraft. Deliveries of...

Freight forwarding looking strong in the next 5 years, says report

Freight forwarding looking strong in the next 5 years, says report

Aug. 7 | The freight forwarding market grew 8.0% in real terms in 2017, buoyed by a resurgent global economy, particularly a significant international trade growth, according to Transport Intelligence (Ti) in a new report. The air freight forwarding market grew...

June yields flat growth, a first in two years of expansion

June yields flat growth, a first in two years of expansion

Aug. 4 | For the first time in two years, worldwide air cargo experienced no growth year-on-year (YoY) in June, as year-to-date growth percentage continues to decrease, according to the latest data from WorldACD. Air cargo’s worldwide volume growth “stagnated...

Airport freight traffic strengthens in April as trade war risks persist

Airport freight traffic strengthens in April as trade war risks persist

Aug. 1 | Cargo volumes at airports regained momentum in April, following a slower month of March, while global passenger traffic growth in the month remained strong, according to the latest traffic data from Airports Council International (ACI) World. Freight...

Cebu Pacific to launch direct Manila-Melbourne service

Cebu Pacific to launch direct Manila-Melbourne service

Jul. 30 | Low-cost Philippine carrier Cebu Pacific is launching on August 14 a direct service between Manila and Melbourne to further boost its market share in Australia. The thrice-a-week Manila-Melbourne-Manila service departs every Tuesday, Thursday, and Saturday....

Boeing posts strong second quarter, raises revenue guidance

Boeing posts strong second quarter, raises revenue guidance

Jul. 30 | The Boeing Company reported higher revenue for the second quarter of the year, registering US$24.3 billion, up 5% from the second quarter of 2017, reflecting 194 commercial deliveries and higher mix, defense volume, and services growth. Earnings per share...

Air cargo market growth slows in June—AAPA

Air cargo market growth slows in June—AAPA

Jul. 25 | Asia-Pacific airlines saw further growth in international air cargo demand in June year-on-year, but at a more moderate pace, in step with the slower growth of manufacturing, according to the Association of Asia Pacific Airlines (AAPA). AAPA data for...
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