Page 34 - STAT May 2024 for Magzter

World
AIR CARGO

IndiGo's international ambition:

Orders 30 Airbus A350-900

n a significant development in the Indian
Iaviation industry, IndiGo, India’s largest airline by
market share, has placed an order for 30 Airbus
A350 wide-body aircraft. These aircraft are the
Airbus A350-900 variant. IndiGo’s A350 fleet will
be powered by the Rolls Royce Trent XWB engine,
as the company has also made agreements with
Rolls Royce for 60 Trent XWB engines. In addition
to the 30 Firm A350-900 order, IndiGo has
Purchase Rights for an additional 70 Airbus A350
Family aircraft, based on its choice. The exact
configuration of the IndiGo’s A350 aircraft will be
decided at a later stage, and the deliveries are
expected to start from 2027.

Air Cargo Market Trends UPS banking on
Past 5 weeks
integrated network
Latest week: Mon 15 Apr - Sun 21 Apr 2024 (Week 16) Published: Apr 25, 2024
Worldwide Rate (US$) Previous year Rate (US$) Current year Ch.weight Previous year Ch.weight Current year
last 5 weeks
-6% -4% -2% +3% for USPS contract

Mar 18-24 Mar 25-31 Apr 1-7 Apr 8-14 Apr 15-21
Current year $2.40 $2.43 $2.52 $2.50 $2.50
Previous year $2.70 $2.68 $2.57 $2.52 $2.50
Origin Regions
Mother’s Day flower Rate¹ YoY
Chargeable weight¹
last 2 to 5 weeks
Capacity¹
YoY
2Wo2W
Last 5 wks
Last 5 wks
2Wo2W
YoY
2Wo2W
Last 5 wks
Africa
-5%
-2%
-1%
-3%
+7%
+3%
Asia Pacific -3% +10% -10% +13% +1% +1%
shipments boost global
+17%
+1%
+15%
+7%
C. & S. America
+5%
-6%
+11%
+7%
+2%
+2%
-21%
-0%
Europe
-2%
M. East & S. Asia
+3%
-7%
-23%
+6%
+51%
-0%
+4%
+9%
-16%
-0%
+0%
North America
air cargo tonnages +1% -0%
+8%
+8%
Worldwide
-2%
+0%
¹ 2Wo2W compares the last 2 weeks with the preceding 2 weeks this year. YoY compares the last 2 weeks with the same 2 weeks last year.
Region to Region Last two weeks compared with the preceding two weeks (2Wo2W) arol Tome, Chief Executive Officer, UPS feels the
last 2 weeks
lobal air cargo tonnages returned declines in the previous three CUnited States Postal Service (USPS) air cargo
Gto growth in the 3rd week of Europe weeks due to a combination of the business fits beautifully with the strategy to grow the
+3%
+4%
+1%
-0%
North America +2% +4% +2%
Asia -9% +2% -3% North
+5%
April, thanks in part to a surge in -5% effects of various holiday periods, B2B business. "To win, we put together an innovative
Pacific
America
+6%
+2%
-18%
+3%
-3%
traffic from Central & South America -3% according to the latest weekly and differentiated solution that leverages our integrated
-14%
Asia Pacific
+1%
+21% +2% +10% +0% +0% -19% -0%
+2%
+9%
(CSA) as flower shipments ahead of figures and analysis from WorldACD network and existing assets. The USPS air cargo business
-1%
-2%
-1%
+3%
Middle East
-4% & South Asia
Central & South
upcoming Mother’s Day events in Africa Market Data. Average worldwide will contribute to top line growth and be accretive to
America
large parts of the world made up for rates held firm at $2.50 per kilo consolidated and U.S. domestic operating margins,"
= Chargeable weight
stalling demand from Middle East & in week 16, the same level as the Tome said during the earnings call after the Q12024
= Rate incl. charges
South Asia (MESA) linked to Eid. Total previous week and the equivalent results. Tome added that UPS will be moving away from
These trends are based on more than 450,000 transactions per week. This public report only shows high level trends. For our
participants we publish weekly data for hundreds of worldwide markets at different O&D levels.
worldwide tonnages increased week last year based on the more the traditional hub-and-spoke models while dealing
3% in week 16 (April 15-21) after than 450,000 weekly transactions with the USPS contract.
recording week-on-week (WoW) covered by WorldACD’s data.
32 | MAY 2024 www.stattimes.com