Travel Industry News at TravelNewsAsia.com since 1997
Wed, 13 October 2021

IATA Calls on Air Cargo Industry to Continue Working Together

IATA has urged the air cargo industry to continue working together at the same pace, with the same levels of cooperation as during the COVID19 pandemic to overcome future challenges and build industry resilience.

During the crisis, air cargo has been a lifeline for society, delivering critical medical supplies and vaccines across the globe and keeping international supply chains open. And, for many airlines, cargo became a vital source of revenue when passenger flights were grounded, said Brendan Sullivan, IATAs Global Head of Cargo. In 2020, the air cargo industry generated $129 billion, which represented approximately a third of airlines overall revenues, an increase of 1015% compared to pre-crisis levels. Looking towards the future, the outlook is strong. We need to maintain the momentum established during the crisis and continue building resilience post pandemic.

Inside a Qatar Airways Boeing 747 Freighter. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

World trade is forecast to grow at 9.5% this year and 5.6% in 2022, e-commerce continues to grow at a double-digit rate, and demand for high-value specialized cargo such as temperature-sensitive healthcare goods and vaccines - is rising.

This year, cargo demand is expected to exceed pre-crisis (2019) levels by 8% and revenues are expected to rise to a record $175 billion, with yields expected to grow by 15%.

In 2022 demand is expected to exceed pre-crisis (2019) levels by 13% with revenues expected to rise to $169 billion although there will be an 8% decline in yields.

The surge in demand for air cargo and attractive yields are not without complications. Pandemic restrictions have led to severe global supply- chain congestion and created hardships for aircrew crossing international borders. Resourcing and capacity, handling and facility space and logistics will be an issue. This will create further operational challenges for our industry that must be planned for now. But we have demonstrated resilience throughout the crisis and with that same focus we will overcome these challenges, said Sullivan.

IATA highlighted three major projects moving the industry towards digitalization and the progress being made in each:

- E-air waybill is at 75% now and is expected to achieve 100% by the end of 2022.

- IATAs ONE Record vision, enabling the whole supply chain to work together off one standardized and exchangeable set of data has 17 pilots in progress involving 145 companies and 3 customs authorities.

- IATAs Cargo XML messaging standards are being accepted by an increasing number of customs authorities.

Safety is always a priority for the industry, specifically the transport of lithium batteries. IATA has called for:

- Regulatory authorities (EASA and FAA) to accelerate development of a test standard that can be used to demonstrate that fire containment pallet covers and fire-resistant containers are capable of withstanding a fire involving lithium batteries.

- Government authorities to step up and take responsibility for stopping rogue producers and exporters of lithium batteries.

- Industry to step up and expand the collection of incident data and develop methods for the data to be shared to support the airlines safety risk assessment processes.

See latest Travel Industry News, Video Interviews, Pictures, Podcasts and other news regarding: IATA, Cargo, Freight.

Headlines: Qantas to Launch Flights Between Melbourne and Jakarta, Indonesia  PPHG to Open Parkroyal Langkawi Resort on 15 February  Saudia Links Transit Visas to Flight Tickets  Smiths Detection Installs Remote Screening Platform for DHL Express Australia  Emirates Offers Free Night at 5-Star Hotel to Premium Passengers  Air France to Increase Capacity to Beijing, Hong Kong and Shanghai  Etihad Airways to Increase Flights to Frankfurt, Germany  airBaltic Returns Last Q400  Singapore Airlines Launches Free Unlimited In-Flight Wi-Fi for Select Passengers  Ascott Launches New Portfolio of Hotels - The Crest Collection  Five 388-Metre Urban Ziplines Open in Macau  Airbnb Says Thailand #1 Outbound Destination for Chinese Travellers  Onyx Hospitality Strengthens Senior Management Team  Chandrashekar Joshi Moves to Thailand as GM of Hyatt Regency Phuket  airasia Super App Expands Hotel Booking Platform with Archipelago's 40,000+ Rooms  CWT Meetings & Events Upgrades Planning Service with Two Solutions  Thai AirAsia to Launch Flights Between Bangkok and Mae Sot, Thailand  Qatar Airways Launches Thrice Daily Flights to Phuket, Thailand  Minor Opens First Anantara Hotel in France  Asia Pacific Airlines Carried 105.4m Int. Passengers in 2022, Up from 17.4m in 2021  Westin Begins Global Rollout of New Workout Gear Lending Kits  Tourism Australia Appoints Karen Saw as Country Manager Malaysia  Freed Group Acquires Connexus Travel  Embraer Appoints Andreza de Souza Alberto as VP People, ESG and Corporate Comms  Mandarin Oriental Signs Resort in Punta Negra, Mallorca  Boeing to Stream Live Webcast of Last Boeing 747 Delivery  Agoda Adds Shopping Cart to Booking Experience  Norse Atlantic Airways Opens FCO-JFK Ticket Sales  Qatar Airways Expands Avios Redemption Options  First Class of Pilots Graduate United Aviate Academy  Mogadishu FIR Reclassified as Class A Airspace  SITA Partners Zamna Technologies  Noise Cancelling Ear Plugs for a Perfect Night's Sleep  Steven Howard Outlines Travel News Asia's Video and Podcast Plans for 2023  Singapore to Host Inaugural Asia-Pacific Summit for Aviation Safety in March  Yotel Signs First Hotel in Saudi Arabia  Cebu Pacific to Resume Melbourne - Manila Flights  Marriott Upgrades Event Booking Process with GroupSync Marketplace  Aeroflot to Increase Flights to Guangzhou and Shanghai, China  Air France to Expand Caribbean Network  Airbus Helicopters Logged 362 Net Orders in 2022  Marriott Signs First Ritz-Carlton Reserve in South America  Hyatt Signs First Unbound Collection Hotel in Tokyo  Qantas Expands Codeshare Agreement with IndiGo  Etihad Airways to Double Flights to Jakarta, Indonesia  AirAsia X Resumes Flights Between KL and Osaka, Japan  CX Reports December Traffic; Expects Return to Pre-Pandemic Capacity by End-2024  Tom Pieter Van Tuijl Appointed GM of Centara Mirage Resort Mui Ne in Vietnam  Smiths Detection Launches iLane A20  Emirates Tests GE90 Engine with 100% SAF  Accor Targets 250+ Handwritten Collection Hotels by 2030  TAT and Thai AirAsia Promote Secondary Cities in Thailand  Mondrian Singapore Duxton Hotel to Open in March  Uzbekistan Airways Orders 12 Airbus Aircraft  Emirates Promotes Three Attractions in Dubai  Elbit Systems Wins Main Deck Cargo Door Contract for Boeing 777 Freighters  Singapore Smash 2023 to Showcase City's Best Table Tennis Players  Hotel du Cap-Eden-Roc in France to Reopen 14 April  IHG Signs voco Hotel in Gurugram, India  Agoda Reveals Most Popular Destinations for Lunar New Year  Air Serbia Signs Codeshare Agreement with Qatar Airways  Delta Increases Airbus A220 Orders to 119 Aircraft  Jumeirah Bali Appoints Paula Choi as Wellness Consultant  Connexus Travel Appoints Eric Lau as General Manager  Rugby Sevens Returns to Hamilton, New Zealand  CWT Wins Siemens Gamesa Renewable Energy Contract  Accor to Expand Legendary Orient Express Brand to Cruise Market  Emirates to Increase Stansted Flights; Resume A380 Service to Birmingham, Glasgow and Nice  Asia Digital Engineering Opens MRO Facility in Johor Bahru, Malaysia  Marriott Signs Three Hotels in Brazil  Malaysia Aviation Group Joins UN's Global Compact Initiative  Two Executive Appointments at Diethelm Travel Group  Undisclosed Customer Orders Fifteen E195-E2 Aircraft  Increased Demand in Asia Pushes Finnair to Increase European Flights  Emirates to Resume Direct Dubai - Hong Kong Flights  Hong Kong Airport Handled 5.7 Million Passengers in 2022  Phuket Shines as Aeroflot Names Most Popular New Year Destinations  Thai AirAsia Unveils Amazing Thailand, Amazing New Chapters Aircraft Livery  Wyndham Opens Hotels in Thailand and Vietnam  Etihad Airways to Launch Flights to Copenhagen and Düsseldorf  Rolls-Royce Tests MTU Engine with 100% Hydrogen  Air France-KLM's NDC Content Now on Travelport+  Hyatt Opens Thailand's First Andaz Hotel  Four Seasons Resort and Residences at The Pearl-Qatar Starts Accepting Reservations  Brian Tong Appointed AGM of Waldorf Astoria - Greater China and Mongolia  Hong Kong Reports Provisional Arrivals for 2022; Outlines Global Promotions  Emirates to Offer High-Speed Inflight Broadband on 50 New A350s  Airbus Delivered 661 Commercial Aircraft to 84 Customers in 2022  Cyprus Airways Appoints APG Hellas as GSA in Greece  Australia Upgrades Airport Tech with Self-Service Biometric Kiosks  Emirates to Resume Tokyo Haneda Flights in April  Chiva-Som Hua Hin Appoints Patience Sangwa as Resident Naturopath  Asia Pacific Airlines' RPK Up 499.2% in November  Etihad to Double Number of Flights to Bangkok, Thailand  Hyatt Opens Riverside Hotel in London, England  airBaltic to Offer Free High-Speed In-Flight Internet to Every Passenger  Savio Fernandes Joins Four Seasons Bengaluru as Director of F&B  CWT Appoints Richard Thompson as Global Head of ESG and Employee Experience  Accor Opens Grand Mercure Resort in Seminyak, Bali  Peter Pottinga Returns to Thailand as GM of Luxury Hotel in Chiang Mai  Ritz-Carlton Appoints Amanda Joiner as Head of Leadership Center  OAG Report Highlights World's Most Punctual Airlines and Airports  Boeing Reports Total Orders and Deliveries for 2022  Marriott Opens Second JW Hotel in Germany  Air Cairo to Implement Accelya's Revenue Management Solution  Emirates Completes IOSA with Zero Findings  China Airlines Partners Toutouan and JIA to Upgrade Japanese Inflight Cuisine  IATA Reports November Traffic; Governments Playing Science Politics  Accor Rebrands Hotel in Cairns, Australia  PIA Extends Partnership with Sabre  Ascott Appoints Serena Lim as Chief Growth Officer  Martin Zarybnicky Joins Anantara Siam Bangkok Hotel as General Manager  InterContinental Singapore Appoints Kenny Chung as Executive Chef  Airbus Partners VDL Group for Airborne Laser Communication Terminal  Asia Pacific Airlines' Air Cargo Volumes Down by 18.6% in November  Lamberto Martinello Joins ATR as Head of Communications and Corporate Branding  Manchester United and Marriott Create Unforgettable Experiences  Etihad Airways to Increase Flights to China  Anthony Tschudin Joins Four Seasons Chiang Mai as Resort Manager  Aeroflot Launches Six New Routes to Mineralnye Vody  British Airways Unveils New Uniforms  Elbit Systems to Establish New Tank Simulation and Training Centers for IDF  Accor Prepares to Open First Ibis Budget Hotel in Cambodia  Cebu Pacific Takes Delivery of Ninth Airbus A320neo  Emirates to Promote Tourism to Bahamas  Etihad Airways Appoints Arik De as Chief Revenue Officer  Korean Air CEO's New Year Address to Employees  Christoph Strahm Appointed GM of Pan Pacific Hanoi  Four Seasons Resort Seychelles Reopens Three-Bedroom Beach Suite  BA Euroflyer Increases Short-Haul Flights for Summer 2023  China Airlines Launches Taipei - Da Nang Flights  United Airlines to Resume San Francisco - Hong Kong Flights in March  Maximilian Schillik Joins Four Seasons Hotel Seoul as Director of Rooms  Marriott Expands AC Hotels Brand to China  British Airways to Launch Flights Between London Heathrow and Florence, Italy  IHG Signs India's First voco Hotel  Hong Kong Rugby Celebrates New Year with Youth Tournament  Egyptian Air Force Orders 12 Boeing CH-47F Chinooks  Onyx Hospitality Opens 96-Room Hotel in Hong Kong  TurboJET to Resume HKIA - Macau Ferry Transfer Service on 30 December  Aeroflot to Launch Flights Between Irkutsk and Bangkok, Thailand  Marriott Opens All-Inclusive Autograph Collection Resort in Cancun, Mexico  Jetstar Celebrates Christmas with Arrival of Two A321neo LR Aircraft  Malaysia Airlines and Saudia Expand Partnership with Codeshare Flights  Stephanie Linnartz to Leave Marriott for Under Armour  Groupe GM Redesigns Pascal Morabito Contemporary Hotel Guest Amenities  Accor Opens ibis Hotel in Chiang Mai, Thailand  Korean Air Receives China's Approval for Asiana Acquisition  Nicolas De Gols Appointed GM of Le Royal Monceau - Raffles Paris  BOC Aviation Increases Boeing 737 MAX 8 Orderbook to 80 Aircraft  Leon Baum Moves to Egypt as GM of Four Seasons Resort Sharm El Sheikh  Radisson Opens First Safari Resort in Africa  Air New Zealand Partners Four Companies for Mission NextGen Aircraft  CIAF Leasing Takes Delivery of Three Embraer E190s  Star Alliance Appoints Charlotta Wieland as Interim CEO  Urs Aebi Appointed GM of Cape Fahn Hotel in Koh Samui, Thailand  World Rugby Sevens Challenger Series 2023 to Take Place in South Africa in April  Amari Watergate Bangkok - 4K Video Interview with Sukamal Mondal, Area GM  Bangkok Riverside Fest 2023 - 4K Video Interview with Frederic Kolde, Anantara Riverside Resort  Business Travel Trends in Asia Pacific - Video Interview with Brett Thorstad, Sabre  Pictures from Miss International Queen 2022 in Pattaya, Thailand  HD Video Interviews from Miss International Queen 2022 in Pattaya, Thailand  Is Siam Seaplane Ready for Take Off? Interview with Dennis Keller, Chief Business Officer  HD Videos and Interviews  Podcasts from HD Video Interviews  RSS Feed - Travel Industry News  Ticker - Travel Industry News  Travel Industry News Archives  Travel Trade Shows  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News 

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2023 TravelNewsAsia.com