Air Cargo World News

Global airfreight markets declined 4.2 percent, year-over-year, in April, according to International Air Transport Association statistics. Even so, April cargo demand was 2 percent higher than November 2011 levels, a fact attributable to the 14.5-percent, year-over-year, surge in Middle Eastern freight traffic. read more

April freight volumes fell 7.6 percent, year-over-year, in the Asia-Pacific, according to data collected by the Association of Asia Pacific Airlines. Unfortunately, not even a 4.8-percent capacity reduction could offset the declines witnessed throughout the Asia-Pacific last month, with freight load factor in the region totaling 66.3 percent, a 2-percent, year-over-year, loss. read more

Hong Kong International Airport is one step closer to housing a third runway, thanks to the Airport Authority Hong Kong’s submission of its project profile to the Director of Environmental Protection. Hong Kong Air Cargo Terminals Ltd. Managing Director Mark Whitehead applauded this action, which launches a probe into the environmental impact of a three-runway system. read more

Last year, trade between the United Arab Emirates and the U.S. surged 43 percent from 2010, reaching a record high of $18.3 billion. Emirates SkyCargo officials hope the UAE-based carrier’s September 12 launch of Boeing 777-300 ER service to Washington Dulles International Airport increases commerce between these two regions even more. read more