• IATA: Cargo drop slowed but yield still down

    The year long decline in global air cargo slowed in July but revenue and freight rates remain under intense pressure, the International Air Transport Association (IATA) said. Cargo volumes fell 11.3 per cent last month from July 2008, compared...... Read More
  • Aramex joins Cargo 2000

    Dubai-based global logistics solutions provider, Aramex, has announced that it has joined Cargo 2000, an industry group within the International Air Transport Association (IATA) specialising in quality management systems for the global air freight industry. Cargo 2000 re-engineers the...... Read More
  • SIA Cargo weathers the storm

    Like all other carriers, SIA Cargo is also being impacted by the recession, but the airline is remaining nimble, disciplined in resources deployment and is continuing to be vigilant on cost management.... Read More
  • Aviation’s green imperative

    When the CEO of IATA, Giovanni Bisignani, stood before his membership at the association’s 2007 AGM and challenged his industry to build a future based on zero carbon emissions, many were stunned by his seemingly audacious goal. After all,...... Read More
  • IATA: Asia cargo carriers optimistic of rising demand

    The latest Airline Business Confidence Index from the International Air Transport Association has indicated carriers in Asia are more optimistic of a stabilisation of profitability over the next twelve months, compared with their counterparts in Europe and North America....... Read More
  • MALAYSIA: Asia-Pacific carriers could be first to recover

    Asia-Pacific carriers may be the first to recover from the dramatic industry downturn due to the lower household debt in Asia compared with the US andEurope, according to the International Air Transport Association’s chief economist. Asia-Pacific airlines may see...... Read More
  • MALAYSIA: IATA revises airline losses upwards to US$9 billion

    The International Air Transport Association (IATA) has predicted that the world’s scheduled airlines could lose as much as US$9 billion in 2009 – nearly twice the level of losses it forecast just three months ago – and has revised...... Read More
  • DOT withdraws controversial slot auctions

    The US Department of Transportation (DOT) announced recently it intends to cancel proposed slot auctions at New York’s three main area airports, reversing a controversial rule put in place by DOT in the waning days of the Bush administration....... Read More
  • Decline slows, but no recovery in sight: IATA

    The International Air Transport Association (IATA) has released its international traffic data for April which shows air freight continuing at very weak levels. International cargo was down 21.7 per cent in Aprilcompared to previous year levels. This is the...... Read More
  • Dubai World faces construction problems

    Five runways comprising mammoth project Dubai World Central Al Maktoum International Airport will be inaugurated earliest 1 June 2010, Emirates SkyCargo’s VP Cargo, Ram Menen told Payload Asia at the recent Transport Logistik exhibition in Munich. This means the...... Read More