air freight off to disappointing start in 2015 – iata
The Pacific, Africa and the Middle East oppose shrinking demand in Europe, North America and South America
The global air freight market slowed earlier this year.
The International Air Transport Association admitted: \"January is the disappointing start of air cargo this year . \" (IATA)
As the market reports, Tony Taylor, general manager and CEO
Freight is expanded by 2% per ton (FTKs)versus the 4.
5% it was recorded on 2014.
More complicated, he pointed out: \"Given Europe\'s economic headwinds and concerns about China\'s growing economy, it is difficult to be too optimistic about the rest of the year . \".
\"In addition to this, the continuing trend of on-
Supporting production and trade protectionism and 2015 of trade protectionism is another difficult year for air freight.
\"While it is too early to determine the trend of weak air transport, IATA warns that positive trade could reverse --to-
Domestic production rates increased freight volumes last year.
Business confidence has declined since the medium term
2014 and end of export order-
Work before the end of the year. While Asia-
Pacific Airways\'s FTKs grew by 6.
9% compared to January 2014, supported by improved regional import activities and Japanese expansion, the association is concerned about the Chinese economy and its export orders, which have contracted at the fastest pace in three years.
On the other hand, the number of European Airlines fell by 1.
Compared with a year ago, 2%.
The euro zone is facing economic resistance to deflation, and the weakness of Russia\'s economy is also affecting demand.
Growth opportunities in the North Atlantic and Asia have not offset weak domestic demand.
Capacity growth 3.
6%, the load factor further weakened.
North American airlines experienced 1. FTKs fell 0%.
However, this decline is likely due to strong results in January 2014.
The potential trend of sales in North America is positive.
Trade is growing this monthto-
Compared with January, the month comparison of FTKs shows an expansion in December.
Production capacity fell 2.
8%, continuing the trend of recent load coefficient increase.
By contrast, Middle Eastern operators have expanded their FTKs by nine.
With 2% people, their capacity has increased by 18. 1%.
The hub strategy of the region\'s leading airlines has proved successful so far, as network and capacity expansion helps meet the needs of international routes and serves domestic trade in the Middle East economies.
However, Latin American airlines suffered 6.
FTKs fell by 4% compared to January 2014, due to weak major economies in Brazil and Argentina.
Although regional trade has increased in other Latin American markets in recent months, this has not yet translated into an increase in air demand.
Production capacity fell 2. 0%.
Increased cargo volume of African airlines. 2%.
While major economies such as Nigeria and South Africa
Regional trade activities continue.
Capacity growth of only 2.
4%, the load factor has been strengthened.
\"The global air freight industry continues to face challenges,\" Taylor said . \"
\"While the vulnerability of the economic cycle is beyond the control of any business sector, the air freight industry needs to do better in improving its value proposition,\" he stressed . \".
\"The shipper is right to ask for a modern process. Taking e-
Air waybill penetration in 2014 exceeded 22%, a strong signal that e-commerce
The goods revolution was finally formed.
The industry should focus more on innovation, efficiency and efficiency.
The CEO of the International Air Transport Association concluded.