Air Freight Plunges Further
Cruising Heights|September 2019
For the eighth month in a row the global air freight market decreased by 4.8 per cent. Airlines in Asia-Pacific and the Middle East once again suffered the sharpest declines in year-on-year growth in total air freight volumes.
Air Freight Plunges Further
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne-kilometres (FTKs), decreased by 4.8 per cent in June 2019, compared to the same period in 2018. This marks the eighth consecutive month of year-on-year decline in freight volumes.

Signs of a modest recovery in recent months appear to have been premature, with the June contraction broad-based across all regions with the exception of Africa. Capacity growth remains subdued and the cargo load factor continues to fall. Globally, trade growth is languishing, and business uncertainty is compounded by the latest tariff increases in the US-China trade dispute.

“Global trade continues to suffer as trade tensions—particularly between the US and China—deepen. As a result, air cargo markets continue to contract. Nobody wins a trade war. Borders that are open to trade spread sustained prosperity. That’s what our political leaders must focus on,” said Alexandre de Juniac, IATA's Director General and CEO.

Esta historia es de la edición September 2019 de Cruising Heights.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición September 2019 de Cruising Heights.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE CRUISING HEIGHTSVer todo
Jets, Tech, And Green Goals
Cruising Heights

Jets, Tech, And Green Goals

The key themes at the Farnborough International Airshow 2024 revolved around innovation and sustainability. Sizeable aircraft orders, advancements in eVTOL technology, and a strong commitment to environmental goals underscore an industry that is not only rebounding from past challenges but also setting the stage for a more sustainable and technologically advanced future, reports ATUL CHANDRA.

time-read
10 minutos  |
August 2024
FREIGHT IN FLIGHT
Cruising Heights

FREIGHT IN FLIGHT

In 2023, Indian airports handled over 3.15 million metric tonnes of cargo, with international freight dominating. As the sector aims to meet the government's ambitious annual target of 10 million metric tonnes (MMT) by 2030, this goal will require dedicated freighter aircraft, technological integration, infrastructure development, and regulatory improvements, among other things. By JAIDEEP MIRCHANDANI, Chairman, Sky One

time-read
3 minutos  |
August 2024
ELEVATING PASSENGER EXPERIENCES
Cruising Heights

ELEVATING PASSENGER EXPERIENCES

Panasonic Avionics Corporation is setting new standards in in-flight entertainment and connectivity (IFEC) with the launch of its state-of-the-art software design and development facility in Pune, highlights

time-read
6 minutos  |
August 2024
CAUGHT IN PAPER JAM
Cruising Heights

CAUGHT IN PAPER JAM

Despite rapid digital advancements in passenger air travel with the airline market expected to surpass $35 billion by end of this decade, the air cargo industry remains bogged down by outdated legacy systems, impeding progress in efficiency and real-time tracking. A special report by

time-read
7 minutos  |
August 2024
PITCHING FOR SUPPORT
Cruising Heights

PITCHING FOR SUPPORT

India's air cargo industry is gearing up for a major transformation, aiming to nearly triple its capacity by 2030. Current infrastructure handles about 6.5 million tonnes, but meeting future goals will require significant investments to expand capacity, streamline operations, and adopt cutting-edge technologies. Industry leaders at a recent ACFI Annual Conclave emphasised the need for strong government support to overcome challenges, urging policymakers to address operational constraints and improve connectivity, reports

time-read
8 minutos  |
August 2024
BATTLE FOR THE SKIES
Cruising Heights

BATTLE FOR THE SKIES

As India's international air traffic experiences significant growth over the past few decades, the competition between Air India and IndiGo intensifies. Vistara's merger within Air India and the significant aircraft orders position the combined entity as a formidable player, while IndiGo's ambitious expansion plans and international focus set the stage for a competitive future, analyses

time-read
7 minutos  |
August 2024
"We Aim to Bridge the Training Gap in Indian Aviation"
Cruising Heights

"We Aim to Bridge the Training Gap in Indian Aviation"

In a candid conversation with CRUISING HEIGHTS, KHUSHBEG JATTANA, General Manager India of Simaero, discusses the strategic timing of Simaero's entry into the Indian aviation market. He addresses the challenges posed by existing pilot training programmes from major airlines like Air India and IndiGo, and elaborates on Simaero's plans to complement these efforts with state-of-the-art training solutions. Jattana also sheds light on the potential growth in the South Asian region and the company's vision for the future.

time-read
4 minutos  |
August 2024
POWERING UP
Cruising Heights

POWERING UP

Urban Air Mobility providers are accelerating their eVTOL development programmes, reports

time-read
6 minutos  |
August 2024
Transforming Air Traffic Control Training: CAE's Cutting-Edge Approach
Cruising Heights

Transforming Air Traffic Control Training: CAE's Cutting-Edge Approach

In this interview, MARIE-CHRISTINE CLOUTIER, CAE's Vice-President of Performance, Strategy, and Marketing, discusses CAE's air traffic control training program. Highlighting strategic partnerships, advanced technologies, and global initiatives, the interview reveals how CAE addresses the growing demand for skilled air traffic controllers and flight service specialists. From their dedicated Montreal facility to expanding efforts across the globe, CAE is committed to providing tailored, state-of-the-art training solutions for the aviation industry's future.

time-read
5 minutos  |
August 2024
POWERING A GREEN FUTURE
Cruising Heights

POWERING A GREEN FUTURE

FIA 2024 witnessed a growing order book for aircraft engine manufacturers and provided important insights into the development of sustainable powerplants.

time-read
10 minutos  |
August 2024