December spot rate registers largest year-on-year decline of 35%.
Air cargo revenues played a key role in cutting losses, with revenues expected to reach $201.4bn (R3.5trn).
By using a special fibre, the nets could save more than 50% in weight compared to their conventional counterparts.
The SAATM will provide more open market access for airlines registered in participating countries.
Lufthansa may still choose to become a minority partner or walk away from the offer completely.
Report shows that airline revenues were reduced by 50% in 2020 and by 40% in 2021.
Infrastructural development still behind schedule.
October demand, while tracking below last year’s exceptional performance, saw a 3.5% increase compared to September.
Government and the CAA could have been more vocal in criticising Heathrow for their performance, says Iata DG Willie Walsh.
The B777-200F will fly on routes between China, the US, Mexico and Europe.
The long-term plan is to build an aerotropolis in the region.
“R40 000 was raised for The All Hearts Foundation thanks to the air cargo industry and its many stakeholders.” – Hayley van Rooyen
