IATA Cargo

Simplifying the Business of Air Cargo

Welcome to IATA Cargo!

Air Cargo is a US$50 billion business that transports 35% of the value of goods traded internationally and a critical part of the airline business which, as a whole, is the US$490 billion heart of a value chain that supports 32 million jobs and US$3.5 trillion of economic activity. It is an important industry that is critical to global business.
 

IATA’s job is to improve our industry’s competitiveness. Last year we saved US$5 billion by cutting airport and ANSP charges and improving fuel efficiency. Simplifying the Business is delivering results. E-freight is a reality and our US$28 billion settlement system is the supply chain's financial backbone. CASS is an important part of the settlement system. In the last four years the CASS network grew 60%. It now covers 72 countries, handling almost half the business - US$23 billion with a collection rate of over 99.994%.

 

 

IATA Cargo Priorities

 

Our goal is to bring simplicity and efficiency to the air cargo industry. We aim to achieve this by delivering the following challenging agenda:

IATA Cargo Economic Watch - Q3 2009 

 

Key points:

  • Developments since the second quarter have been mixed for the air cargo industry.
  • The improvement in air freight volumes predicted by leading indicators has occurred, albeit at a slow pace, as reduced de-stocking generates some uplift in industrial production, particularly in a number of Asia economies.
  • Heads of cargo are now expecting to see further improvements in freight volumes in the year ahead, and also better yields.
  • Even if economies continue to grow the problem is that excess capacity has forced yields down sharply and new aircraft deliveries risk an accentuation of this problem for yields.
  • Fuel costs have continued to rise. First half losses may continue into the second half unless fuel prices drop back and/or the inventory-driven economic improvements strengthen into a fully-fledged economic recovery.
  • For the rest of this year, the chances of both fuel prices drop back and inventory-driven economic improvements remain slim, given strong investor demand for commodities and headwinds from debt on economic growth in the OECD economies.
     

More information and detailed reports available in the Cargo e-Chartbook 

 

Advertisement

Klik Hier!

Cargo Tracker CargoLink

Feedback

Your feedback is important to us. Tell us what you think about our website.