Air cargo growth will slow in 2025
Air cargo growth is expected to halve in 2025, but the year is still expected to be positive for airlines due to ongoing ocean delays, tight freighter capacity and strong cross-border e-commerce activity, the International Air Transport Association has forecast. International Air Transport Association). According to the International Air Transport Association, cargo traffic is expected to reach 80 million tons, an increase of 5.8% from 2024. Also read: US air traffic controller shortage hampers aviation and air cargo growth The International Air Transport Association (IATA) reports that air cargo demand has increased by 10% to 13% year-on-year this year, depending on whether it is measured in terms of volume or tonnage transported. The surge was largely driven during the pandemic, generating deal volume that nearly approached the fourth-quarter 2021 record. Cargo data provider Xeneta predicts air cargo demand will grow 4% to 6% next year, while consulting firm Rotate expects growth of about 4%, according to IATA's outlook. At the…
U.S. air traffic controller shortage brings aviation industry to a standstill
The ongoing shortage of air traffic controllers (ATCs) in the United States is hampering the growth of commercial aviation and has a knock-on effect on the air cargo industry. Also read: US allocates $105 billion to strengthen airport airlift and traffic control United Airlines has been particularly vocal about the issue, pointing to flight disruptions at its main transatlantic hub, Newark International Airport. The airline reported delays, cancellations, extended flight times and extended taxi slots on nearly half of the days in November. The root of the problem is air traffic control staffing, which last month was 59% below target levels. This shortage is not unique to Newark. It reflects a national crisis. In response, the Federal Aviation Administration (FAA) temporarily reduced flight demand at New York City-area airports until October 2024. This problem is not new. A 2022 report showed that 77% of critical ATC facilities in the United States are understaffed. Canada is facing similar challenges, with Navigation…
CargoAi and Aircargonet join forces to transform
CargoAi and Aircargonet International GmbH have announced a strategic alliance pledging to reinvent air cargo logistics through enhanced digital distribution. The partnership will provide Aircargonet’s airlines, including Amerijet International, Middle East Airlines, Uzbekistan Airways and Royal Jordanian Airlines, with seamless access to real-time prices and capacity bookings. Also read: CargoAi launches groundbreaking air freight loading board for airlines and freight forwarders By integrating with CargoAi's advanced digital platform, Aircargonet streamlines the booking process and provides users with a streamlined, data-driven experience. A key innovation of the partnership is the delivery of rates and capacity in real-time, allowing freight forwarders to make informed decisions and optimize operations with greater speed and accuracy. “This partnership is a key step in our digital strategy,” said Philipp Gladigau, Business Development Manager at Aircargonet International. “By connecting our cargo capabilities to CargoAi’s platform, we enhance our ability to meet market demands quickly and efficiently, strengthening our Commitment to top-notch service delivery.” Matthieu Petot, CEO of…
Silk Road West Airlines was designated as
Silk Way West Airlines, the leading cargo airline in the Caspian and Central Asian region, has been named Global Air Cargo Partner of the COP29 Summit, which will be held in Baku in November 2024. The partnership is in line with the airline’s commitment to sustainable development and underscores Azerbaijan’s declaration of 2024 as the Year of Solidarity for a Green World. See also: Silk Way West Airlines and China’s Henan Airlines Group form strategic air cargo partnership Through this partnership, Silk Way West Airlines will facilitate the efficient transportation of materials needed for the climate conference. This move not only demonstrates the airline's operational capabilities, but also highlights its alignment with global environmental goals. This move is part of Silk Way West Airlines' broader strategy to support green logistics and reduce the environmental impact of air cargo. Zaur Akhundov, President of Silk Way Group, stressed the importance of this partnership, saying: “We are proud to contribute to COP29 and…
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Schedule and Address of 2025 International Adult Hygiene and Care Products Exhibition in Wuhan China
