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Freight Markets Weaken in March
IATA Reports that Freight Markets Weaken in March The International Air Transport Association (IATA) released figures showing that air freight markets weakened in March, and that the improvement in air cargo growth rates that began towards the end of 2012 has stalled. Global Freight Tonne Kilometers (FTKs) were down 2.3% in March compared to March 2012, […]
air cargo \ Asia Pacific \ Domestic Passenger Demand \ European airlines \ Eurozone airlines \ IATA \ International Air Transport Association \ Middle East Airlines \ Passenger Demand \ PLF \ Tony Tyler \ Total Market \ Turkey
Passenger Demand Grew as Air Cargo Declined in 2012
The International Air Transport Association (IATA) announced full-year traffic data for 2012 showing a 5.3% year-on-year increase in passenger demand and a 1.5% fall for cargo. The 5.3% increase in passenger demand was slightly down on 2011 growth of 5.9% but above the 5% twenty-year average. Load factors for the year were near record levels […]
A320neo Family \ A320s \ A321s \ A330-200s \ Airbus \ aircraft \ John Leahy \ Middle East Airlines
Middle East Airlines firms up order for ten A320neo Family aircraft
Middle East Airlines-Air Liban (MEA), the flag carrier of Lebanon, has signed a firm contract for ten A320neo Family aircraft (five A321neo and five A320neo aircraft). This follows the signing of a memorandum of understanding which was announced on 12th July 2012. MEA will announce its engine choice at a later date. “Airbus’ A320neo Family […]