AviTrader sponsorship ad

IATA releases November figures – air freight demand flat for the month

The International Air Transport Association (IATA) has released data figures for the month of November 2018, revealing that demand in terms of freight (metric) tonne kilometers (FTKs) was flat (0%) compared to November 2017, following 31 unbroken months of year-on-year increases. For the ninth month in a row, the rise in freight capacity growth, measured in available freight tonne kilometers (AFTKs), outstripped demand by 4.3% year-on-year.

At a time when international e-commerce sees continued growth, air freight demand has hit some turbulence with signs of weakness in global economic activity, all nations other than the U.S experiencing a contraction in export books, reduced supplier delivery times in Asia and Europe, and weaker consumer confidence when compared to the beginning of 2018.
“Normally the fourth quarter is a peak season for air . So essentially flat growth in November is a big disappointment. While our outlook is for 3.7% demand growth in 2019, downside risks are mounting. Trade tensions are cause for great concern. We need governments to focus on enabling growth through trade, not barricading their borders through punitive tariffs,” said Alexandre de Juniac, IATA's Director General and .

Summary of Regional Performance for November 2018
North America, Middle East and Latin America reported year-on-year demand growth, while Asia Pacific, Europe and Africa all contracted.
Asia-Pacific airlines saw demand for air freight shrink by 2.3% year-on-year compared to 2017. Capacity increased by 3.1%.
North airlines posted the fastest growth of any region for the second consecutive month with an increase in demand of 3.1% compared to the same period a year earlier. Capacity increased by 6.3%.
European airlines experienced a contraction in freight demand of -0.2% compared to the same period a year earlier. Capacity increased by 3.1% year-on-year.
Middle Eastern airlines' freight volumes expanded 1.7% compared to November 2017. Capacity increased by 7.8% over the same period.
Latin ' freight demand rose 3.1% compared to the same period in 2017. Capacity increased by 2.0%. International year-to-date demand increased 6.3%.

African carriers saw freight demand decrease by 7.8% compared to the same month in 2017. This was the eighth time in nine months that demand contracted. Capacity shrank 7.4% year-on-year. Seasonally-adjusted international freight volumes are 7% lower than their peak in mid-2017, though still 28% higher than their most recent trough in late-2015.

Share this Article
Monday May 27, 2024
Image of Pratt & Whitney Maroc facility (PWM) © Pratt & Whitney
Pratt & Whitney Canada (P&WC) has hosted the ceremonial inauguration of the company's new manufacturing facility, Pratt & Whitney Maroc (PWM), which will produce detailed static and structural machined parts for the company's aircraft engines, incl... Read More »
Monday May 27, 2024
© Jet Aviation Basel innovation space
Jet Aviation has launched its first in-house innovation test and display room in Basel. The space, designed to represent part of a narrow-body fuselage, allows customers to experience the latest cabin innovations and technological advancements at Jet Aviation,... Read More »
Monday May 27, 2024
easyJet has opened its new Integrated Control Centre (ICC) in Luton, UK
easyJet has opened a new Integrated Control Centre (ICC) in Luton to manage its daily flight programme of around 2000 flights. The new centre has embedded AI into its day-to-day practices to aid faster and better decision-making, improving the customer experie... Read More »
Monday May 27, 2024
Rendering of the new Sharjah Business Aviation Centre © Gama Aviation
Gama Aviation has achieved a major milestone in the construction of its new business aviation centre facility at Sharjah International Airport. Designed to accommodate a range of business jet types, helicopters and future eVTOL air systems, the business aviati... Read More »
Monday May 27, 2024
Peter Spyrka (l), VP of Programmes at Deutsche Aircraft and Charly Arslan (r), VP and Founder of Airplane Painte
Deutsche Aircraft has announced a strategic partnership with Airplane Painter, a painting and sealing service provider based in Toulouse, France. Airplane Painter will serve as the supplier for the stripping and repainting of the D328® fleet. Airplane Painter... Read More »
Monday May 27, 2024
Azul Airlines
Azul and GOL airlines have announced a commercial cooperation agreement to connect their flight networks in Brazil through a codeshare arrangement. This partnership covers all domestic routes operated exclusively by either airline, meaning routes are operated ... Read More »
Friday May 24, 2024
Coulson Aviation
Coulson Aviation has announced the arrival of the company's first Boeing 737-700 aircraft to be converted into the world's highest capacity Large Air Tanker (LAT). This is the first of up to ten aircraft, and Coulson is proud to continue its partnership with S... Read More »
Friday May 24, 2024
Sikorsky is flight testing a rotor blown wing tail sitter VTOL UAS © Lockheed Martin
Sikorsky, a Lockheed Martin company, is conducting flight tests to refine the control laws and aerodynamics of a novel vertical take-off and landing un-crewed aerial system (VTOL/UAS). These tests aim to demonstrate the efficiency and scalability of a twin pro... Read More »
Friday May 24, 2024
© Shutterstock
GE Aerospace has announced the appointment of Patrick de Castelbajac as Chief Strategy Officer, effective from 24 June 2024. De Castelbajac will report directly to GE Aerospace Chairman and CEO H. Lawrence Culp Jr. In his new role, de Castelbajac will oversee ... Read More »
Friday May 24, 2024
The establishment of a Tech Hub in Japan was announced at Viva Technology 2024 in Paris © Airbus
Airbus has unveiled plans to set up a Tech Hub in Japan, aiming to forge new partnerships to propel research, technology and innovation in aerospace. This venture seeks to push the frontiers of aerospace technology, preparing for the next generation of aircraf... Read More »
Friday May 24, 2024
AirCargo trends published by © WorldACD
Air cargo tonnages and rates from key Middle East and Asian origin markets remain highly elevated, especially to Europe, as strong demand and disruptions to ocean freight services meet limited capacity on key lanes, pushing up rates dramatically on several maj... Read More »
Friday May 24, 2024
Hugo Brouillard (l), Chief Operating Officer and President of Affiliates of DRAKKAR, including Avianor and Josh Vanderveen (r), VP of Maintenance at Air Canada © Avianor
Avianor, an affiliate of DRAKKAR with more than 25 years of aerospace experience in commercial and military aircraft maintenance and interior solutions, and Air Canada have officially signed a substantial contract that marks a significant advancement in aerosp... Read More »
Thursday May 23, 2024
Safran Electrical & Power will supply starter-generation systems for the U.S. Army’s FLRAA programme
Safran Electrical & Power has signed an agreement with Bell Textron to supply starter-generation systems for the U.S. Army's future long-range assault aircraft (FLRAA) programme. The advanced high-voltage starter-generator system, developed by Safran, will... Read More »
Thursday May 23, 2024
Renegade Air has taken delivery of its first ATR72 cargo aircraft from lessor Abelo © Abelo
Abelo, a lessor specialising in the turboprop segment, has reported the successful delivery of MSN875, a newly converted ATR 72 freighter, to Renegade Air. This milestone marks the introduction of ATR aircraft into the Kenyan aviation sector at Wilson Airport.... Read More »
Thursday May 23, 2024
Sectional drawing of the Cryoprop demonstrator
Airbus UpNext has launched a new technological demonstrator aimed at advancing the development of superconducting technologies for use in the electric propulsion systems of future hydrogen-powered aircraft. Dubbed Cryoprop, the new demonstrator will integrate ... Read More »
Thursday May 23, 2024
Stephen Stasiak
Daher has appointed Stephen Stasiak as the General Manager of its aerostructures facility in Stuart, Florida, one of the company's largest industrial sites globally. This facility manufactures components for Boeing and Gulfstream Aerospace. Stasiak brings a we... Read More »
Thursday May 23, 2024
Rescue helicopter
IBA, the aviation market intelligence and advisory company, has reported that the leased helicopter fleet has exceeded ten percent in 2023 and is projected to reach a record 15% by the end of the decade. With over 300 recorded lease transactions in both 2022 a... Read More »
Thursday May 23, 2024
VI&E Solutions and Crisalion Mobility partner to develop and analyse mobility projects
Crisalion Mobility, a Spanish leader in advanced electric mobility solutions, has teamed up with Volatus Infrastructure & Energy Solutions (VI&E Solutions) to co-develop and evaluate advanced air mobility (AAM) initiatives. These initiatives encompass ... Read More »
Wednesday May 22, 2024
GE has announced that it will hire over 900 engineers this year © Shutterstock
GE Aerospace plans to hire more than 900 engineers in 2024, reflecting its continued focus on innovation to support current aircraft engine programmes and develop new technologies for the future of flight. Hiring has already commenced and will continue through... Read More »
Wednesday May 22, 2024
Archer Aviation and Etihad Training have signed an MoU to recruit and train prospective pilots for Archer’s Midnight aircraft in Abu Dhabi © Archer
Archer Aviation has signed a memorandum of understanding (MoU) with Etihad Training for a partnership aimed at recruiting and training prospective pilots for Archer's Midnight aircraft in Abu Dhabi, facilitating flights across the UAE. The MOU debut took place... Read More »
AviTrader MRO magazine Mai 2024 edition

2023 MEDIA KIT

Aviation Media Pack

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.

Scroll to Top
AviTrader Publications Corp.

FREE
VIEW