Eastbound Transpacific capacity grows 4 percent compared to last year and remains as the only trade lane to show air cargo capacity growth. And global widebody belly capacity increased 23 percent compared to last week. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Global freighter capacity remained mostly stable during the last weeks, belly capacity increases 3 percent this week compared to last week, after strong increases in previous weeks. We use cookies to enhance your experience while using our website. But opting out of some of these cookies may affect your browsing experience. Removing the seats had added 35% more cargo capacity to the aircraft. But whilst the world returns to the skies once again, air cargo industry players are adapting to a very different landscape. But opting out of some of these cookies may have an effect on your browsing experience. Forecast: five-year forecast on Trade and/or Express. CARGO NEWSWIRE is a B2B magazine published monthly by Profiles Media Network Pvt Ltd. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. Seabury Corporate Finance. Global air cargo capacity declined 16 per cent in the last two weeks compared to last year. On a single day, Cirium manages more than 300 terabytes of aviation data, from airline schedules to aircraft configurations to passenger record numbers. Seabury Consulting, now part of Accenture, offers a unique range of expertise specific to the aviation industry that complements Accenture's global capabilities, solutions and services to help propel airlines into the future. Source: Seabury Cargo Capacity Tracking database, Seabury Cargo, Accentue analysis (October 2022), YTD Integrators added ~5x more capacity than ocean shipping lines, Ocean shipping liner impact on air cargo capacity, 2022YTD, Note: Air cargo capacity here only includes intercontinental capacity by freighters and integrators; 1) Ocean shipping lines considered are MSC, Maersk, and CMA CGM; 2) Aircraft types considered as large widebody freighters are: B747F, B777F, B767F, A330F, and A350F; 2) Snapshot of orderbook as of 1 October 2022, Source: Seabury Cargo Capacity Tracking database, Cirium Fleet database, Seabury Cargo, Accenture analysis (October 2022), Visit our Subscription and Preference Center, Senior Managing Director Global Industry Sector Lead Travel, Managing Director Strategy, Travel, North America, Managing Director Seabury Consulting, Part of Accenture, Cargo Advisory Lead. Ted Stevens Anchorage International Airport (ANC), Miami International Airport (MIA) and Leipzig/Halle Airport (LEJ) rose to the top 10 airports worldwide, displacing Singapore Changi Airport (SIN), Heathrow Airport (LHR) and Dubai International Airport (DXB). Eastbound Transpacific capacity grows 4 percent compared to last year and remains as the only trade lane to show air cargo capacity growth. Seabury Cargo's proprietary suite of software tools . He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. }); googletag.cmd.push(function() { Supplied by major container shipping lines including Maersk, MSC, CMA CGM and COSCO. All Rights Reserved, Restructuring, Turnaround & Investment Banking, Seabury Energy & Metals Technologies (Africa), Investing in Communities & Environmental Stewardship, Seabury Cargo Partners with Innovata to Offer First Cargo Capacity Database. The introduction of the Capacity Database demonstrates our dedication to the air cargo market and our commitment to continually update our product suite, said Gert-Jan Jansen, Senior Vice President, Seabury Cargo Advisory. Transatlantic air cargo capacity in the last two weeks was only ~5% down on 2019 (vs. -12% two weeks ago). 1) Same week last year defined as 19 - 25 May 2019; Source: Seabury. Transpacific cargo capacity is 4 percent to 6 percent lower than last year, while. The magazine is widely recognized as the leading provider of in-depth, insightful, and independent editorial coverage of all aspects of the airport and airline cargo environment, with a focus on air cargo Industry, efficiency, operations, and handling. Notable deals executed by Seabury include a $1.1 billion liquidity financing program for US Airways Group, Inc. (October 2008); structuring and placing a $750 million equity offering for Northwest Airlines (2007) for which Seabury was awarded Airfinance Journals North American Deal of the Year; raising $2.2 billion of equity and debt to finance the merger of US Airways with America West (2005) for which Seabury was awarded Airfinance Journals Deal of the Year; and raising $1.3 billion of equity and debt for Air Canada (2004). The database is updated and refreshed each week. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. These cookies do not store any personal information. Ted Stevens Anchorage International Airport (ANC), Miami International Airport (MIA) and Leipzig/Halle Airport (LEJ) rose to the top 10 airports worldwide, displacing Singapore Changi Airport (SIN), Heathrow Airport (LHR) and Dubai International Airport (DXB). Passenger freighter capacity increase plateaued during the last week. PVG (Shanghai) shows a strong increase in widebody belly capacity since the end of February because of high demand for PPE (personal protective equipment); other airports started to increase widebody belly capacity since April. He holds two masters degrees in English Literature and Public Administration. This cookie is set by GDPR Cookie Consent plugin. 1.2.3.1 Airline freighters - airlines mainly dedicated to the transport of cargo; Q: . A leading Middle Eastern airline has chosen ITTS as its leading compliance Sustainability has become the most significant cultural and commercial dilemma facing us Just 60 miles from Los Angeles and centered among major transportation corridors, Ethiopian Airlines has added a freighter service between China and Belgium as Bahrain-based ACMI and charter cargo airline Texel Air has launched operations in Fraport tests autonomous tractor for cargo handling, Ethiopian adds new China-Europe freighter service, Sponsored: Middle Eastern airline chooses ITTS as the go-to compliance tool, Sponsored: Reducing air cargo carbon emissions through goSAF, Sponsored: SBD International Airport sees opportunity in every direction, Texel Air launches New Zealand operations. The cookies is used to store the user consent for the cookies in the category "Necessary". Passenger freighter capacity increase plateaued during the last week. 1) Same week last year defined as 19 - 25 May 2019; Source: Seabury Consulting Capacity Tracking database, Seabury Consulting analysis (May 2020) Devender Grover https://cargonewswire.com The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". NE Asia-Europe capacity drops more than 20% due to Ukraine crisis. seabury cargo capacity tracking databasevictor osimhen fifa 22 card. We also use content and scripts from third parties that may use tracking technologies. (2,710 ships were completed, as one burned at the dock.) New players have appeared in the worlds top 10 international cargo airports. Seabury BIMONTHLY MARKET OUTLOOK Air cargo capacity was down 10% between Aug 23-Sep 5, compared to the same weeks in 2019. Seabury Maritime Finance. capacity includes widebody passenger and all freighter flights; 2) Same week last year defined as 26 May -1 Jun 2019, all dates measured in UTC; Source: Seabury Consulting Capacity Tracking database, Seabury Consulting analysis (June 2020) Source: Seabury Air cargo capacity decrease has stabilized at 26% for the last three weeks Source: Seabury Cargo Capacity Tracking database, Seabury Cargo analysis (March 2022) Passenger belly capacity jumped +19% vs. one month ago and is likely to further increase as summer schedules become effective from March 27. Seabury Global Markets LLC (SGM) is the investment and marketing vehicle of Seabury Capital LLC to deploy and market financial, technical and human resources into the financial technology space. Source: Seabury Capacity Tracking database, Seabury Consulting analysis (February 2020) First on Ground IT IS IN OUR DNA SGL has a track record of more than 45 years of . Seabury Consulting, now part of Accenture's travel industry practice, is providing weekly insights throughout the Covid-19 crisis on air cargo capacity changes based on actual flight movements. You also have the option to opt-out of these cookies. The stark contrast between trade lanes remains, trade lanes to and from Asia fare better than the global average. Look for alternative options to move your cargo thru e.g. Just four airlines now account for 72% of the 'preighter' market - which could shrink further as the FAA exemption allowing carriers to carry cargo in cabins expires on 10 July. Consolidated subsidiaries. googletag.pubads().collapseEmptyDivs(); Seabury Group is a global investment banking and advisory practice serving aviation, aerospace and cargo. 1.3 million seats have been added to global airline schedules this week, an increase of 1.5%, t his brings the total airline capacity worldwide to 85.2 million seats.. Seabury Capital LLC operates a number of specialty finance, investment banking, technology and software companies with a core focus anchored in Aviation, Aerospace & Defense, Maritime, and financial services/technology. The path to 360 value starts herefeaturing our most provocative thinking, extensive research and compelling stories of shared success. Source: Seabury Cargo Capacity Tracking database, Seabury Cargo, Accentue analysis (October 2022) Ocean shipping lines doubled capacity in air freight in 2022 YTD Integrators added ~5x more capacity than ocean shipping lines Ocean shipping liner impact on air cargo capacity, 2022YTD VIEW ENLARGED IMAGE www.seaburycapital.com, Seabury Global Markets and our family of portfolio companies deliver, FXone enables institutional end-user clients to electronically, Spotex delivers access to an innovative, institutional, Spotex has promoted John Miesner to Chief Executive Officer, Spotex launches Liquidity, Credit and Margin solutions for Prime of Primes and FX Brokers, Kraken, Etana Custody & Seabury Complete 1st Crypto Purchase via MT4/5, Seabury Global Markets Makes Investment in Spotex, Seabury Group Launches Seabury Global Markets, Expanding Its Financial Technology Product Offering, Distribution and Support. Necessary cookies are absolutely essential for the website to function properly. The stark contrast between trade lanes remains, trade lanes to and from Asia fare better than the global average. Powered by Hocalwire.com, We use cookies for analytics, advertising and to improve our site. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis). Addressing the business and economic impact. Just like any other industry, the Covid-19 pandemic has shaken the air cargo industry too. You agree to our use of cookies by continuing to use our site. I have been working as a graduate intern at Seabury Cargo Advisory in Amsterdam. Check out Seabury Consulting's announcement on the launch of our newly developed Capacity Tracking Database - based on actual flight Likt av HS Park This is value creation at it's best by our partners at DHL, with Trond rjan Olsen. Top 10 airports ordered by total (inbound + outbound) capacity, includes freighters and widebody passenger aircraft. With over 150,000 flight schedules changes a day, having access to the most accurate airline schedules data is a must. Note: Thickness of arrows is representative of January 2020 capacity in metric tonnes, direct flights only; all flows indicate region-to-region capacity; regions are indicated by color-coding; 1) Total cargo capacity includes widebody passenger and all freighter flights; 2) Same week last year defined as 19 25 May 2019, all dates measured in UTC; Source: Seabury Consulting Capacity Tracking database, Seabury Consulting analysis (May 2020). same weeks in 2019; Source: Seabury Cargo Capacity Tracking database, Seabury Cargo analysis (April 2021) Last updated ; 13/04. Rock-it global sponsors the 2023 tpi awards as global live events Chapman freeborn expands africa operations as part of ongoing growth in TAPA EMEA achieves cargo security milestone as it registers 1,000th Facility Wexco Group chosen to further strengthen presence of Teleport, Capital As logistics venture, in Australia, Rock-it global sponsors the 2023 tpi awards as global live events bounce back, AirBridge cargos Boeing 747-8F Nose loading capability facilitates smooth deliver of 16 meter long equipment, UNCTAD, IATA extend partnership to facilitate global trade, Emirates SkyCargo and Kuehne + Nagel to head Cargo iQ Board. Subscribe to our Weekly Newsletter Below and Never Miss The Latest News, Offers and Special Announcements of Cargonewswire. Capacity is 4 percent compared to the same weeks in 2019 ; Source: Seabury cargo capacity tracking database Seabury! Tracking technologies like any other industry, the Covid-19 pandemic has shaken the air cargo growth. 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