Airlines are at the mercy of the coronavirus. About the only thing they can do is try to reduce operating costs and preserve cash flow until people are willing to start traveling again.
2020 is shaping up to be a difficult year for the airline industry because of the coronavirus and uncertainty over when demand for China travel will pick up once the outbreak has subsided.
E-commerce is putting pressure on airlines, postal services and customs administrations to move large volumes of letters and packages, while also trying to catch counterfeit goods and ensure security.
Aviation is taking a wait-and-see attitude toward the coronavirus and trying not to think about the last time something like this happened.
The FAA says UPS didn’t comply with hazmat rules for air transport when it didn’t make sure a shipment it received was safe to fly.
The airline plans to take 17 new cargo-friendly widebodies this year but doesn’t know when it will see any new 737 MAXs.
Misdeclared cargo is a big problem for air carriers when it comes to dangerous goods like lithium batteries. Regulators are too complacent when it comes to enforcement, airfreight industry groups claim.
IATA is aligning its dangerous goods rules with international standards.
Airfreight market continues decline; U.S. trade deficit falls to three-year low; LiDAR to get more affordable.
Temperature-sensitive cargo like meat can be exposed to warm air and other environmental conditions during transfers and storage without good logistics management procedures.
The November decline was one of the smallest in 2019.
IATA also said it is critical for governments to communicate with airlines about potential risks.
Sixteen people died in six fatal cargo plane crashes in 2019.
Santa seems likely to leave some coal in the airfreight industry’s stocking this year, but some see 2020 turning to glitter if the industry can get past what is poised to be a difficult Q1.
Peak season is more like a mini-peak this year for air cargo.
Demand could pick up next year, but U.S. elections are one of multiple potential pitfalls delegates at TIACA’s 2019 Executive summit heard this week.
Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.
The latest statistics from airlines and airports reinforce what we already know: The air freight market is in a protracted recession. But filtering the data for seasonal fluctuations paints a slightly more optimistic picture. September marked the 11th consecutive month of year-over-year declines in freight volumes, the longest period in a decade. Freight volume, measured […]
The International Air Transport Association said Wednesday that overall global demand for airfreight declined at a faster rate in August than July, contracting 3.9% compared to 2.4% the month before. And international airfreight volume fell 4.6% year-over-year versus the 3.3% decline in the previous month. The July figure is a revision from the previously reported […]
Air freight volume declined 3.2% in July, to about 20.5 billion freight ton kilometers, compared to the same month a year earlier, the International Air Transport Association reported. It is the ninth straight month of volume decline for the air cargo industry, reflecting economic weakness in key global markets and the pullback in imports and […]
