Global freight markets posted modest growth in March, with declines in European and Latin American markets offset by encouraging signs in the Asia Pacific and the Middle East. The International Air Transport Association (IATA) said cargo volumes, measured by freight tonne kilometres, (FTK) rose 1.6 per cent in March, compared with the prior corresponding period.
Australia’s local airlines cut the number of domestic seats for a fifth straight month in November as capacity discipline remains the order of the day amid soft passenger numbers and sluggish demand for air travel, new figures show. A Bureau of Infrastructure, Transport and Regional Economics (BITRE) report says the number of available seats for
Emirates is looking to add a fourth weekly freighter service out of Australia as the carrier builds its cargo capabilities at the new Dubai World Central (DWC) airport. Currently, Emirates SkyCargo operates three dedicated freighter services a week to Sydney with 777F aircraft which make a stop in Singapore in both directions. Emirates divisional senior
The recent rebound in cargo led by markets in the Asia-Pacific, North America and the Middle East may be tempered by global political uncertainty and economic jitters, the International Air Transport Association (IATA) says. Cargo volumes, measured by freight tonne kilometres (FTK), rose 5.1 per cent in August, compared with the prior corresponding period. It
Australian domestic carriers experienced lower load factors in July despite cutting capacity in the local market. The Bureau of Infrastructure and Regional Economics (BITRE) said the number of passengers carried on regular public transport (RPT) domestic flights fell 1.4 per cent to 5.05 million in July. The decline outpaced the 1.2 per cent reduction in
Lockheed Martin has filed a request with the US FAA for a type design update for the Model L-382J, a civil-certified version of the C-130J-30 Super Hercules. The aircraft, which will be marketed as the LM-100J will be a radical improvement over the commercial L-100 model which was built from 1964 to 1992, but utilising
