Davies Turner Air Cargo flying high

Davies Turner Air Cargo offers a broad range of air freight logistics services, and we note that IATA has announced in its latest World Air Transport Logistics Report that the top 25 cargo airlines last year saw traffic in scheduled cargo tonne km (CTK) terms decrease by 3.3% year on year, which is better than the overall industry decline of 9.1%.

The report indicates that in 2020, FedEx, UPS and Qatar were once again the largest air cargo carriers, but there were major winners and losers in the overall top 25 airlines as the Covid pandemic took its toll on the market. The integrators benefitted from increased e-commerce volumes – as shoppers switched to online ordering in light of Covid lockdowns – and a resurgent US economy.

IATA notes that its statistics only include scheduled services and not charter operations. If the latter had been included, the large increase in the number of charter flights due to demand related to the Covid pandemic, could have swayed the rankings if a particular airline targeted charter at the expense of scheduled more than previously.

Another notable trend was the success of airlines with large freighter fleets compared with bellyhold operators and combination carriers.

The highest climbers, for example were Kalitta Air and Aerologic, which both jumped 10 places on the back of a 45% and 36% increase in demand respectively.

Other airlines to report double-digit percentage increases in demand were China Airlines with an 18.4% increase and Atlas Air which registered a 20.7% jump in demand.

In the latest IATA/CASS league table for 2020, Davies Turner Air Cargo was pleased to become the UK’s highest placed independent freight forwarder, measured by CASS airline tonnage. For more information about our global air freight services, contact air@daviesturner.co.uk or visit https://www.daviesturner.com/air-freight