Sukie Jiang’s Post

The International Air Transport Association (IATA) World Air Transport Statistics (WATS) released the 2023 global cargo airline rankings. According to the report, in 2023, global demand measured in freight ton-kilometers (CTKs) fell by 1.7% year-on-year for the top 25 cargo airlines. 1.FedEx still leads the top 25 cargo airlines, with annual cargo volume of 17.9 billion CTK, down 8.3% year-on-year. 2.Qatar Airways surpassed UPS to rise to second place, with annual cargo volume of 14.4 billion CTK, up 1% year-on-year. 3.UPS dropped one place to third place, with annual cargo volume of 14.2 billion CTK, down 10.4% year-on-year. #airshipping #aircargo #freightforwarder

The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.9% compared to February 2023 levels (12.4% for international operations). This is the third consecutive month of double-digit year-on-year demand growth. International Air Transport Association (IATA) #IATA #AirCargo #Airports #Aviation #InternationalAirTransportAssociation

According to IATA the world’s airlines will will make net profits of $36.6 billion in 2025, for a net profit margin of 3.6%. Asia Pacific carriers will make $3.6 billion, a net margin of 1.4%. That’s just $1.8 per passenger. Given the phenomenal growth of air traffic in the region that is mind-blowingly dreadful in business terms. And it shows how misleading are those who accuse airlines of price gouging. Having said all that there are clearly a few AP carriers making much better profits and better margins. Unfortunately, they are few and far between.

[EXTRANS] Airline Business Division Weekly Market Trends 📌What aviation events are on the horizon? Air Cargo General - Week 22 🔹The congestion at the ports has worsened, leading to the unavailability of SEA & AIR services. As a result, the lead time has increased at the transshipment hub in the Middle East. 🔸Air freight rates from Asia to America 🔹Demand for air cargo from China continues to rise 🔸It is expected that the supply chain will shift to India and ASEAN due to the conflict between the US and China 💎Airline/GSA Event update 🌟Check out and find more: https://lnkd.in/gTKT-_FT #AviationNews #CargoIndustry #LogisticsUpdate #AirFreight #ExtransGlobal #cargonews #tway #asianacargo #ecommerce #flight #LCC #middleeas #airfreight #cargodemand

The global airline industry is likely to report cargo revenues of $157 billion (15.6 percent of total revenues) in 2025, according to the latest update from the International Air Transport Association (IATA). 👉 𝐓𝐨 𝐫𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐚𝐫𝐭𝐢𝐜𝐥𝐞: https://lnkd.in/dihrbrSG Willie Walsh, Director General, IATA says: "This will be hard-earned as airlines take advantage of lower oil prices while keeping load factors above 83 percent, tightly controlling costs, investing in decarbonisation, and managing the return to more normal growth levels following the extraordinary pandemic recovery. All these efforts will help to mitigate several drags on profitability which are outside of airlines’ control, namely persistent supply chain challenges, infrastructure deficiencies, onerous regulation and a rising tax burden. #InternationalAirTransportAssociation #IATA #cargorevenue #RedSea #Aircargo #globalairline #globalairlineindustry #DonaldTrump

Qatar Airways Cargo and Japan Airlines’ cargo division (JALCARGO) have signed a Memorandum of Understanding (MoU) to strengthen their air cargo partnership with the goal of integrating their networks and improving service offerings for customers. https://lnkd.in/ewA55_aJ #AirCargo #AirFreight #SupplyChain #Logistics

The International Air Transport Association (IATA) released data for March 2024 global air cargo markets showing 14 percent year-on-year demand growth for African airlines. "Air cargo demand grew by 10 percent over the previous March. This contributed to a strong first quarter performance which slightly exceeded even the exceptionally strong 2021 first quarter performance during the COVID crisis. With global cross-border trade and industrial production continuing to show a moderate upward trend, 2024 is shaping up to be a solid year for air cargo," said Willie Walsh, #IATA’s director general. #InternationalAirTransportAssociation #IATA #AirCargo #LUAAirCargo Read More: https://lnkd.in/dwh6_kG7

According to data recently released by the International International Air Transport Association (IATA), global #AirCargo recorded its fifth consecutive month of double-digit growth in terms of demand in April. Total demand, measured in tonne-kilometers, was up 11.1% compared to April 2023 levels and rose 11.6% for international operations. ✈ In this text, #IATA details the latest trends in the global air cargo market. These outlooks allow us to continue to refine our international #AirfreightService, where we have over 15 years of experience. 🌐 🔗 https://lnkd.in/drrF4eKA

African airlines saw 10.6% year-on-year demand growth for air cargo in April. Demand on the Africa–Asia market increased by 25.8% compared to April 2023. April capacity increased by 18.7% year-on-year. Ethiopian Airlines South African Airways EGYPTAIR Royal Air Maroc

Turkish Airlines has disclosed traffic numbers for 2023. In line with the airline’s ambitious growth goals, passenger traffic metrics showed double digit increases across the board.  The Turkish flag carrier carried a record 83.4 million people last year, of which 53 million flew internationally (a 14% increase over 2022). Remarkably, international traffic was up 27% compared to 2019, which confirms that Turkish Airlines has left any pandemic after-effects firmly behind. The growth in the domestic market, which is driven by continued capacity increase, was even sharper at 23.5%, reaching the 30 million passenger mark.  Read more at: https://lnkd.in/d9DKsD_4 #AviationTalk #aviationnews #avgeek #aviation