ICAO launches Introduction to Air Cargo Economics course
ICAO’s training department has launched a new course: Introduction to Air Cargo Economics. It offers ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
I’m not sure we needed yet more certainty that the air freight market is in the doldrums – but we have it anyway. IATA is the last to report figures for May – and FTKs are up a dull 0.9%, while ATKs rose 4.9%. But most at fault is not capacity, but weakness in world trade volumes, which account for 80% of air freight’s gloom, apparently. The best growth market, boosted by stronger German exports, was Europe – up 4.5% in volumes and 5.7% in capacity. The Middle East was up 3.2% in demand – which was only 20% of last year’s growth – and a heady 9.5% capacity. The worst shrinkage was in Latin America, where demand fell 9.7%, and capacity fell 7%.
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