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Global air freight load factor falls 1.6pc points in 2015: IATA report
THE worldwide air freight load factor fell by 1.6 percentage points in 2015 to 47.4 per cent, according to the latest annual IATA World Air Transport Statistics (WATS) report.
IATA's industry performance statistics were based on a total of 214.2 billion freight tonne kilometres (FTKs), which rose by 2.3 per cent over 2014, against a capacity of 254.2 billion available FTKs, up 5.8 per cent year on year
Ranked by total freight tonnes carried, FedEx came in first with 7.1 million tonnes carried last year. The integrator held onto its top spot despite a 1.4 per cent decline in demand to 15.8 billion scheduled FTKs.
UPS came in second place after carrying 4.5 million tonnes. Emirates Airlines carried the third-largest total cargo, at 2.5 million tonnes, followed by Cathay Pacific Airlines, at 1.6 million tonnes, and Korean Air, with 1.5 million tonnes.
The major freight routes in 2015 largely serviced markets in the northern hemisphere. The North America-Asia route saw the most FTKs, constituting 21.2 per cent of the global market. Europe-Asia was another busy route, accounting for a close-second 19.9 per cent of air cargo in 2015. Another major route was the transatlantic Europe-North America route, at 10.1 per cent.
While the top-five air cargo carriers all held on to the positions that they held in 2014, there were interesting moves elsewhere in the rankings. Qatar Airways, Polar Air Cargo and AirBridgeCargo Airlines were big winners moving up two, seven and five points, respectively, in the top-25 rankings for FTKs flown.
British Airways, however, was a major loser in the rankings, and EVA Air also fell four spots, with an FTK decrease of 6.2 per cent. Air France also took a hit, with a 10.7 per cent reduction in demand to 3.4 billion FTK.
IATA's industry performance statistics were based on a total of 214.2 billion freight tonne kilometres (FTKs), which rose by 2.3 per cent over 2014, against a capacity of 254.2 billion available FTKs, up 5.8 per cent year on year
Ranked by total freight tonnes carried, FedEx came in first with 7.1 million tonnes carried last year. The integrator held onto its top spot despite a 1.4 per cent decline in demand to 15.8 billion scheduled FTKs.
UPS came in second place after carrying 4.5 million tonnes. Emirates Airlines carried the third-largest total cargo, at 2.5 million tonnes, followed by Cathay Pacific Airlines, at 1.6 million tonnes, and Korean Air, with 1.5 million tonnes.
The major freight routes in 2015 largely serviced markets in the northern hemisphere. The North America-Asia route saw the most FTKs, constituting 21.2 per cent of the global market. Europe-Asia was another busy route, accounting for a close-second 19.9 per cent of air cargo in 2015. Another major route was the transatlantic Europe-North America route, at 10.1 per cent.
While the top-five air cargo carriers all held on to the positions that they held in 2014, there were interesting moves elsewhere in the rankings. Qatar Airways, Polar Air Cargo and AirBridgeCargo Airlines were big winners moving up two, seven and five points, respectively, in the top-25 rankings for FTKs flown.
British Airways, however, was a major loser in the rankings, and EVA Air also fell four spots, with an FTK decrease of 6.2 per cent. Air France also took a hit, with a 10.7 per cent reduction in demand to 3.4 billion FTK.
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