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    Vol. 13 No. 19                      THE AIR CARGO NEWS THOUGHT LEADER                                Monday February 24, 2014



Southwest Europe Cargo Meets

     Stop the world—we want to get off!
     Somebody finally held an air cargo industry event without Gala Awards?
     IATA Cargo Aviation Day held recently in Zagreb heard a blitz of numbers (what else?) claiming that the annual turnover of goods transported across the globe is about US$ 6.4 trillion, or 35 percent of the global traffic share in all cargo transport.
     But air cargo is declining in relation to other forms of transport as passenger transport has been rising and global trade has increased by 12 percent since 2010, with cargo transport by air growing a mere 2 percent.
     Cargo transport accounted for 11.4 percent of airline revenue four years ago, but last year it was only 9 percent, IATA said.
     Whether this message of decline lit any fires under representatives from Croatia, Slovenia, Montenegro, Bosnia, Herzegovina, and Serbia is still unclear.
     According to (more) numbers, in 2013 Zagreb host carrier Croatia Airlines lifted 3,200 tons of cargo, or about 1 percent of the airlines annual revenues.

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Air Cargo News For February 24, 2014