TIACA endorses a joint call to action issued by the Heads of the International Monetary Fund (IMF), World Bank Group (WB), World Health Organization (WHO), and World Trade Organization (WTO) calling for extraordinary financing actions by government leaders to accelerate the end to the COVID-19 pandemic.
The International Air Cargo Association (TIACA) releases the first comprehensive study undertaken on the sustainable transformation of the air cargo industry.
The International Air Cargo Association (TIACA) called for action to address critical challenges being faced by the air cargo industry during a Media day presentation.
COVID-19 upended nearly everything, but especially air cargo. By February 2020, reduced travel saw a 50% decline in capacity. Demand increased more than ever, along with dramatic fluctuations, and productivity was challenged by working from home. Traditional rate sheets were torn up (okay, deleted) and by the time capacity and price was secured and relayed to a shipper, it was obsolete.
One of the few aviation bright spots during the COVID-19 crisis is – Air Cargo. While passenger traffic plummeted and 50% or more of the passenger fleet were parked for much of last year, most cargo freighters remained in service with even higher levels of utilization, helped by a dramatic decline in the capacity of belly cargo.
The Covid-19 pandemic has undoubtedly challenged the aviation industry and significantly accelerated the need for change, especially in digitalisation and automation. dnata continually strives to raise industry standards through innovation and by embracing the latest technology.
The course of global business and of global society in general has undeniable taken a changed course following the impact of the Covid pandemic. How we work, how we live, how we interact have been completely changed and the notion of return to “old normal” is not realistic.
TIACA supports its members and works with industry partners and regulators to advocate and drive change for a safe, profitable and united air cargo industry that embraces modern technologies and practices to sustainably and fairly serve trade and social development worldwide.