He also adds that the ocean and air freight
markets are much more interconnected that the general person realises.
Beside the regional airlines, the Asia-Pacific carriers too suffered sharp declines in year-on-year growth in total air freight
volumes in May.
Established by the air freight
, sea freight and logistics publication Asia Cargo News in 1986, the annual Asian Freight, Logistics and Supply Chain Awards recognise excellence in service providers in the freight and logistics industry.
The expansion of cold-chain logistics services at both airports is expected to further increase air freight
volumes in the UAE.
Global air freight
markets continued to slow in May.
* The air freight
sector is defined as consisting of revenues generated from freight transportation by air.
The Association of Asia Pacific Airlines (AAPA) has disclosed some moderation of growth in air passenger markets in September 2014 and steady growth in air freight
The outlook facing the more consumer-focussed industries is relatively strong over the medium term and this should boost air freight
volumes in particular, as demand for small electronic goods continues.
Switzerland's competition commission WEKO has fined 11 airlines a total of 11 million Swiss francs ($12 million) after it found they had agreed on certain elements of pricing for air freight
. WEKO said that the airlines included United Continental, AMR Corporation, Singapore Airlines, Japan Airlines, British Airways, Air France and Cathay Pacific Airways.
The air logistics handbook; air freight
and the global supply chain.
MUMBAI -- A 1.2% year-on-year expansion in global air freight
demand has been registered by the International Air Transport Association (IATA) for the month of June.