Executive Briefings

Airfreight Industry Continues to Record Dismal Figures

Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.

While the airfreight industry in general is highly exposed to economic trends, like China's new-normal growth, air cargo was also competing with other modes of transport as freight load factors exhibited weakness, ACI said.

Read Full Article

While the airfreight industry in general is highly exposed to economic trends, like China's new-normal growth, air cargo was also competing with other modes of transport as freight load factors exhibited weakness, ACI said.

Read Full Article