Impact Publications : Aircargo-259
Page 20 • AIRCARGO ASIA-PACIFIC MAR-APR , 2019 February a challenging month for airfreight volumes - ACI World AIRPORTS Council International (ACI) World says February was a challenging month for the air transport industry’s freight vol- umes. Global freight declined by 5.4 per cent, the largest monthly loss since 2013. The global 12-month rolling average stood at 1.8 per cent at the end of February, down more than four percentage points since mid-last year. “While the passenger market has shown less vulnerability to ge- opolitical events than the freight market in recent years, it has post- ed moderating growth rates since November,” ACI World director general Angela Gittens said. International freight was the most significant contributor to the industry’s decline in February, posting a 6.7 per cent loss on a year-over-year basis. Both interna- tional and total freight 12-month rolling averages have been inching closer to zero growth and now stand at one and 1.8 per cent respectively. Domestic freight volumes posted a loss of 2.7 per cent for the month. The global domestic segment’s 12-month rolling aver- age remains stronger, mostly due to North America’s 3.7 per cent growth rate for 2018. Africa was the only region with positive freight volume growth in February, with 4.9 per cent growth which contributed to its 12-month rolling average of 10.8 per cent. Asia-Pacific’s freight volumes declined by double-digits in all segments. The international segment fell by 11.6 per cent, while the do- mestic segment declined 13.1 per cent, resulting in a -12 per cent figure for the month. Unless the trend is reversed next month, the region’s 12-month rolling average will be brought below zero. Europe and the Middle East fell by 3.1 and 2.9 per cent respective- ly. Both regions have limited do- mestic segments so their declines were fuelled almost entirely by the international segment. North America’s total freight de- clined by 1.6 per cent in February. The slowdown was driven first and foremost by a drop in inter- national freight which recorded - six per cent for the month. The domestic segment, which had supported the region for several months while other markets saw declines, also started showing signs of difficulty, reaching 1.1 per cent after growing by six per cent in January. The region’s total freight 12-month rolling average remains the highest of the three major markets, at four per cent. Latin America-Caribbean’s results followed the general trend, declining by 0.8 per cent in February. The region’s 12-month rolling average remains fairly high at 6.1 per cent, though it has been steadily losing momentum since benefitting from a particu- larly strong first quarter in 2018. Saudia okayed for GACAR 151 THE GENERAL Authority of Civil Aviation (GACA) in Saudi Arabia has approved Saudi Airlines Cargo Company’s technical and operational standards and com- pliance with the global rules and regulations of aviation security and safety by providing it the operating licence for ground handling service providers (GACAR 151). Saudia Cargo’s chief executive, Omar Hariri said: “This licence will further en- hance Saudia Cargo’s ground handling capabilities in line with the Saudi vision 2030 that aims to transform the Kingdom into a global logistics hub.” Saudia Cargo provides a variety of ground handling ser vices for international air cargo carriers operating through the Kingdom of Saudi Arabia’s main inter- national airports (Jeddah, Riyadh, Dammam and Al Madina).