Sharp growth decline in Asia-North America trade lane due to rising tariffs for imports to the US

SHAH ALAM, June 16 — Selangor is set to mark a major milestone in its aerospace industry progress, with the launch of the Selangor Aero Park (SAP) at the Paris Air Show.

KUALA LUMPUR, Jan 30 — Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).

KUALA LUMPUR, Jan 9 — Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2 per cent compared to a year earlier, said the International Air Transport Association (IATA).

KUALA LUMPUR, Nov 1 — Total global passenger demand, measured in revenue passenger kilometres (RPK), rose by 7.1 per cent year-on-year (y-o-y) in September 2024 versus a year ago, an all-time high, according to the International Air Transport Association (IATA).

KUALA LUMPUR, July 30 — Global air cargo markets showed continuously strong annual growth in demand for June 2024, measured in cargo tonne-kilometres (CTKs), rising by 14.1 per cent as against the same month in 2023.

KUALA LUMPUR, April 4 — The global air cargo industry registered a total of 19.7 billion cargo tonne-kilometres (CTKs) in February 2024, representing an increase of 11.9 per cent year-on-year (y-o-y), according to the International Air Transport Association (IATA).

KUALA LUMPUR, Jan 31 — The global air freight markets showed that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, with full-year demand reaching a level just slightly below 2022 and 2019, said the International Air Transport Association (IATA).

KUALA LUMPUR, Jan 9 — Global air cargo demand increased by 8.3 per cent in November 2023 compared to the same month in 2022, while demand growth for international operations stood at 8.1 per cent, according to the International Air Transport Association (IATA).

KUALA LUMPUR, Dec 5 — Air cargo volumes for Asia-Pacific airlines increased by 7.6 per cent in October 2023 compared with the same month in 2022, with carriers in the region benefiting from ongoing growth in international cargo tonne-kilometres (CTKs) on three major trade lanes.

KUALA LUMPUR, July 5 — The International Air Transport Association (IATA) reported that global air cargo continued to show weak market conditions in May 2023.

KUALA LUMPUR, June 1 — Global air cargo demand, as measured by cargo tonne-kilometres, fell 6.6 per cent in April this year compared to the same month in 2022, according to the International Air Transport Association (IATA).

KUALA LUMPUR, Nov 7 — Passenger traffic for September 2022 rose 57 per cent year-on-year (y-o-y) showing that the recovery in air travel continues to be strong, said the International Air Transport Association (IATA).

KUALA LUMPUR, Oct 7 — Total global traffic for air travel, measured in revenue passenger kilometres (RPKs), jumped 67.7 per cent year-on-year (y-o-y) in August 2022, showing continued momentum in the air travel recovery, said International Air Transport Association (IATA).

KUALA LUMPUR, April 7 — Air travel and demand for global air cargo markets improved in February 2022, according to the International Air Transport Association (IATA).

KUALA LUMPUR, June 8 — Asia-Pacific airlines saw demand for international air cargo increase by 9.2 per cent in April 2021 compared to the pre-Covid-19 level in April 2019, according to the International Air Transport Association’s (IATA) April 2021 data for global air cargo markets.