4 April 2023  Air cargo has grabbed African automotive market share from the seafreight industry as a result of the disruptions caused by the Covid pandemic but volumes are shifting back. Speaking at the Air Cargo Africa event, Renai Moothilal, executive director of South African automotive component association NAACAM said that traditionally the automotive market had utilised seafreight for the bulk of its transportation needs. |
30 March 2023 .jpg) Air cargo capacity is continuing to climb and rose above the pre-pandemic level for the first time in four years, according to the latest market analysis from CLIVE Data Services. Global air cargo capacity increased for the eleventh consecutive month in February, up 11% on the same period last year. |
21 March 2023  With air freight rates settling below peak-Covid levels, and the Baltic Air Freight Index slipping 1.5% last week, the market has been anticipating a second-half recovery. |
17 March 2023  Virgin Atlantic is to restart its much-anticipated flights to Shanghai, re-establishing essential business and leisure connections between the United Kingdom and China. |
8 March 2023  Annual traffic results published by VINCI Airports show that London Gatwick Airport served 32.8 million passengers in 2022, which represents 71% of pre-pandemic (2019) numbers. This follows the airport welcoming only 6.3 million passengers in 2021. Gatwick Airport’s strong recovery is further evidenced by its increased long-haul connectivity, with the airport now serving 42 global routes – 68% the number flown pre-pandemic. |
28 February 2023  2022 saw its fair share of challenges within the logistics industry, as the UK continued to navigate post-pandemic life and the government underwent reforms. As the economy returned to a new normal, air cargo has proved its value as a key link in keeping the country’s supply chain intact, but has also created opportunities and enabled expansions in international trading. |
17 February 2023  It is almost the end of the first month of 2023 and the air cargo conference merry-go-round is already in full swing – proffering succulent food and bubbly to be quaffed at glamorous venues around the world, whilst deals/agreements and partnerships are finalised in ante rooms and bars. |
10 February 2023 .jpg) European Cargo, a Bournemouth, UK-based A340F operator, has been busy. David Kerr, formerly head of Etihad Cargo, became a director of the carrier in August last year, and has now announced he will be “supporting and enabling the team at European Cargo with their new mandate and delivering exceptional results for shareholders European Aviation and Priority 1” |
1 February 2023  The air cargo industry is holding its own given the economic pressures it faced last year and despite a consistent drop in demand. According to the latest industry analysis by Xeneta-owned CLIVE Data Services, in December, chargeable weight fell 8% year on year and the general airfreight spot rate registered its largest year on year decline of 35%. Capacity in December 2022 recovered to 93% of the 2019 level. |
24 January 2023  THE GLOBAL air logistics sector continues to face turbulent market conditions, writes Nigel Tomkins. But, after three years in crisis mode, “a normalising market” is now in sight, according to European freighter and belly-hold airline Lufthansa Cargo. |
