Asia Pacific carriers saw international air cargo traffic in freight tonne kilometres (FTKs) fall by 6.5 per cent year-on-year in September reflecting stagnant international trade activity, according to the Association of Asia Pacific Airlines (AAPA). […]
Global air freight markets declined by 3.9 per cent in August 2019, year-on-year, for the tenth consecutive month as the US-China trade war continues to drag on air cargo. The ten consecutive monthly declines represents […]
The DHL Global Trade Barometer (GTB) forecasts a mild decline in world trade with the overall index falling by -1 point to 47, indicating that global trade will further lose momentum over the next three […]
Air cargo demand continues to drop against a backdrop of diminishing business confidence levels and significant declines in international trade volumes according to the Association of Asia Pacific Airlines (AAPA). Overall, Asia Pacific airlines saw […]
DHL Express has announced price increases with effect from 1 January 2020 in which Hong Kong, Macau and Singapore will see average shipment prices rising 4.9 per cent compared to 2019. While the global economy […]
Hong Kong International Airport (HKIA) saw cargo throughput drop 11.5 per cent year-on-year to 382,000 tonnes in August on the back on of the ongoing US-China trade war. Transhipments and imports declined by 19 and […]
In its customer update today, Cathay Pacific Cargo sought to assuage frayed nerves in the industry after what has been a tumultuous month for the carrier and also pointed to possible signs of a peak […]
Combined Cathay Pacific and Cathay Dragon traffic figures for August 2019 show declines across both cargo and passengers compared to the same month in 2018, as the carrier struggles with not only the ongoing trade […]
Air cargo demand contracted for the ninth straight month in July, according the latest data from the International Air Transport Association (IATA), down 3.2 per cent in FTK terms, compared to the same period in […]
With the clearly worsening trade war between the US and China, marked by US President Donald Trump’s Twitter tirade on the eve of the G7 summit in France, including his ‘ordering’ of US companies out […]
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