#INTHEAIREVERYWHERE
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#INTHEAIREVERYWHERE |
| Vol. 22 No. 11 | Tuesday
March 28,
2023 |
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Cargo In Freefall One Year Later |
 As
the calendar closes in on April 25-27, the air cargo event schedule arrives
in beautiful Istanbul at International Air Transport Association (IATA)’s
2023 Annual mandated meeting of top airline cargo management.That meeting was first branded, marketed and launched as World Cargo Symposium (WCS) in Mexico City in 2007. It is a very different IATA Cargo that is meeting in 2023 amidst drastic cutbacks. Sources say that IATA DG Willie Walsh, who is listed as speaking to the gathering as the WCS opens Tuesday April 25th, has slashed spending at the organization. Apparently, that includes travel and anything that is deemed “unnecessary.” Delegates attending WCS Symposium might want to check out the excellent Istanbul restaurant scene and the wonderful, diverse Sultanahmet district of fabulous Istanbul for after hours. “I can understand concern at IATA,” said Bill Boesch, CEO of Council of Logistics Research based in McLean, Virginia. “The cargo market is in freefall right now and the passenger wide bodies will be the big winners,” Bill said. “The old cargo business is in trouble, but it will come back for those who can withstand the present situation and cut their costs drastically. “In America load factor is down, the revenue is down, and costs are sky high with recent union pay increases,” Bill Boesch added. Meantime fresh off a bang up job in Nashville last month is the Pied Piper of The Airforwarders Association, President Brandon Fried who delivered his speech at The Los Angeles Air Cargo Association meeting last week and after a quick refueling stop will be over the river and through the woods on to the U.S. right side for JFK Air Cargo Association's Air Cargo Day on March 30 at Russo’s in Howard Beach, just a stone's throw off JFK’s main runways. Sure hope the JFK faithful have a great show and can include a moment of silence for the late Joel Ditkowsky, a Customs Broker of some fame who served the U.S. customs brokers community and by example the world for the past half century. He was honored at JFK Cargo Day more than a decade ago for his service to air cargo. GDA |
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 Vol. 22 No. 8 Tulsi Mirchandaney Chuckles for March 1, 2023 ATC Africa Campbell Loves the Maharajah The AI Maharajah Men Mountain Smiths 2.0 A Custom Broker's Custom Broker |
 Vol. 22 No. 9 On The Mark@Intermodal Banker's Miserable Numbers Qatar Cargo Once-A-Day First United Cargo Annual Meet Sheryle 'Cheese' Burger Lens Of Love Cathay Pacific Cargo now Cathay Cargo |
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Publisher-Geoffrey Arend
• Managing Editor-Flossie Arend • Editor Emeritus-Richard
Malkin Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend |
Send comments and news to geoffrey@aircargonews.com
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