IATA: Air Cargo means good news
Cruising Heights|June - July 2021
Demand of air cargo was up 12 per cent — outperforming pre-COVID levels (April 2019)
IATA: Air Cargo means good news

AIR CARGO RATES HAVE STABILIZED SINCE REACHING A PEAK IN APRIL 2020, WHILE SHIPPING CONTAINER RATES HAVE REMAINED RELATIVELY HIGH IN COMPARISON. MEANWHILE, LONGER SUPPLIER DELIVERY TIMES AS ECONOMIC ACTIVITY RAMPS UP MAKE THE SPEED OF AIR CARGO AN ADVANTAGE BY RECOVERING SOME OF THE TIME LOST IN THE PRODUCTION PROCESS.

The International Air Transport Association (IATA) released April 2021 data for global air cargo markets shows that air cargo demand continued to outperform pre-COVID levels (April 2019) with demand up 12 per cent.

As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to April 2019 which followed a normal demand pattern. • Global demand, measured in cargo tonne-kilometers (CTKs), was up 12 per cent compared to April 2019 and 7.8 per cent compared to March 2021. Seasonally adjusted demand is now 5 per cent higher than the pre-crisis August 2018 peak.

Bu hikaye Cruising Heights dergisinin June - July 2021 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye Cruising Heights dergisinin June - July 2021 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

CRUISING HEIGHTS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
India's space economy set to soar
Cruising Heights

India's space economy set to soar

India's burgeoning space economy could see a substantial increase in its global share by 2040. At present, India's space sector contributes a modest $8 billion to the overall cake.

time-read
2 dak  |
April 2024
JettWings leads the way in UDAN 5.3
Cruising Heights

JettWings leads the way in UDAN 5.3

JettWings Airways has emerged as a frontrunner in the aviation industry, solidifying its position as a leading private operator under the UDAN RCS 5.3 scheme.

time-read
1 min  |
April 2024
Sock drying to underwear adventures: Laundry tales at 30,000 feet
Cruising Heights

Sock drying to underwear adventures: Laundry tales at 30,000 feet

Picture this: you're settled into your first-class seat, ready for a smooth and luxurious flight with United Airlines. But as you glance around, you notice something that makes you do a double-take.

time-read
1 min  |
April 2024
PLETHORA OF AIR TRAVEL ACTIVITY IN THE INDIAN SKIES
Cruising Heights

PLETHORA OF AIR TRAVEL ACTIVITY IN THE INDIAN SKIES

The Northern Summer schedule for 2024 took off on March 31, 2024, ushering in a rush of air travel activity. With DGCA's seal of approval on 24,275 weekly departures, the skies buzzed with an average of 3,467 flights daily. However, on the inaugural day, airlines only managed to execute 3,035 scheduled domestic flights, representing a modest 87.5 per cent of the approved schedule. Delving into the nuances of this aviation landscape, an exclusive analysis by aviation analytics company Cirium unveils fascinating insights into the longest and shortest flights crisscrossing the Indian skies.

time-read
2 dak  |
April 2024
Agnibaan SOrTeD rocket launch postponed again
Cruising Heights

Agnibaan SOrTeD rocket launch postponed again

Chennai-based space start-up Agnikul Cosmos called off the maiden launch of its 3D-printed, semi-cryogenic Agnibaan rocket about 129 seconds before lift-off citing communication in the onboard hardware.

time-read
2 dak  |
April 2024
Pushpak RLV-TD successfully lands autonomously
Cruising Heights

Pushpak RLV-TD successfully lands autonomously

ISRO achieved another significant milestone in reusable launch vehicle (RLV) technology with the successful landing of Pushpak (RLV-TD), the winged vehicle, autonomously on the runway.

time-read
1 min  |
April 2024
TIME FOR CREDIBLE ROTARY-WING CAPABILITIES
Cruising Heights

TIME FOR CREDIBLE ROTARY-WING CAPABILITIES

With tactical-level challenges looming in India’s neighbourhood, it is time for the Indian armed forces to rapidly brush up on rotorcraft capabilities. A Special Report

time-read
10+ dak  |
April 2024
"PAKISTAN INTERNATIONAL AIRLINES: A TROUBLED LEGACY IN NEED OF REVIVAL"
Cruising Heights

"PAKISTAN INTERNATIONAL AIRLINES: A TROUBLED LEGACY IN NEED OF REVIVAL"

Pakistan International Airlines PIA), once renowned for its slogan Great People to Fly With,’ has a storied history of contributions to the aviation industry. despite its illustrious past, PIA has faced challenges in recent decades, witnessing a decline from its former glory. This downward trajectory has prompted concerns about the airline's sustainability and competitiveness in the modern aviation landscape. The Pakistan government is now preparing to privatise the

time-read
10 dak  |
April 2024
Qatar explores major widebody order with Boeing, Airbus
Cruising Heights

Qatar explores major widebody order with Boeing, Airbus

Qatar Airways is reportedly in preliminary discussions with both Boeing and Airbus regarding a potential order of up to 150 widebody jets to modernise and expand its fleet as it needs to tackle the issue of an ageing fleet for long-distance.

time-read
1 min  |
April 2024
"Embraer achieves ETOPS-120 certification for E2 Series
Cruising Heights

"Embraer achieves ETOPS-120 certification for E2 Series

Embraer recently achieved a significant milestone with the acquisition of 120-minute ETOPS (Extended-Twin Engine Operations Performance Standards) approval for its E190-E2 and E195-E2 aircraft.

time-read
1 min  |
April 2024