Airlines lower air cargo forecast amid escalating trade war
The airline industry’s largest trade association is predicting much slower cargo growth in 2025 as rising tariffs dampen trade activity or shift it to ocean transport.
The airline industry’s largest trade association is predicting much slower cargo growth in 2025 as rising tariffs dampen trade activity or shift it to ocean transport.
Air cargo demand is projected to slow to 6% next year, bolstered by positive economic supply chain and economic trends against a backdrop of rising geopolitical uncertainty.
The air cargo industry finished 2023 on a high note and is getting an extra boost from the Red Sea shock as shippers divert ocean freight to keep their supply chains fluid.
IATA forecast suggests weak airfreight demand will continue without peak-season rebound
Business is very soft in the air cargo sector and likely to get softer still, but there are signs that demand could spark up in the second half of the year.
La esperanza de una mejora de los envíos en 2023 depende de los niveles de inventario y de las políticas COVID de China
Airlines and logistics companies realize air cargo business will be lower this year. Talk of a 2023 upturn is more based on hope than economic signals.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
The airfreight sector remains chaotic, but a better-than-expected August is spurring optimism for solid results during the busy shipping season.
IATA says airlines can’t succeed on sustainable fuels, 5G interference and lithium battery safety without more government involvement.
The air cargo market has lost some steam from 2021 but is still going strong, according to the airline trade group IATA.
The air cargo market, like other freight sectors, is in a dip. There are mixed signs that air could bounce back sooner than other transport modes.
The International Air Transport Association’s chief economist points to mixed signals for the economy and air cargo activity.
The International Air Transport Association’s U.S. subsidiary next month will have a new president.
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
The air cargo market turned negative in March, after a strong February, because of the Ukraine war. Analysts say inflation and lower export orders could signal less shipping activity ahead.
Passenger airlines are limping back to health, but the air cargo sector is on fire.
Peak airport congestion during peak season is undermining air cargo transport.
Social, financial and government pressure has airlines making a big push to decarbonize.
Air cargo is typically unaffordable for most shippers. With ocean rates off the charts, air doesn’t look so bad. If you can find a booking, why wouldn’t you fly?