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FedEx takes top spot in air cargo league - Freight & Trading Weekly - 7 July 2000 edition -
- Freight & Trading Weekly
7 July 2000 edition
FedEx takes top spot in air cargo league
THE GLOBAL air cargo industry recorded positive growth in 1999 driven largely by the recovery of Asia Pacific markets, according to the latest figures released by IATA (International Air Transport Association).The 2000 edition of World Air Transport Statistics (WATS) reports that Federal Express (FedEx), Lufthansa (both belly-hold in the passenger flights and by Lufthansa Cargo) and Korean Air (passenger and freighter flights) were the biggest international air cargo carriers last year.
The Top 8 in the
cargo league were:
1. FedEx (1.18-million tons);
2. Lufthansa (1-m t);
3. Korean Air (897 000t);
4. Singapore Airlines (872 000t);
5. British Airways (684 000t);
6. Cathay Pacific (672 000t);
7. Air France (644 000t);
8. Japan Airlines (615 000t).
The top players in the domestic air freight league, meantime, were:
1. Federal Express (3.6-m t);
2. UPS (2.5-m t);
(Note: Both the above are integrated cargo carriers, operating the US market.)
3. Japan Airlines (334 000t).
System-wide, said the WATS report, scheduled freight-tonnes increased by 5.9% - to a total of 27.7-m tonnes.
The total tonne-kilometres transported by airlines on their international scheduled operations increased by 7.5% - with available tonne-kilometres reporting a 5.7% growth.
The recovery from the recently embattled conditions in the air cargo industry would appear nearly complete, according to the WATS' market analysis.
Said the report: "At 64.1%, the weight load factor was only marginally lower than the record 64.6% weight load factor in 1997."
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