I am sorry, Dave. I am afraid I can’t do that, Spoken nearly 50 years ago by the HAL 9000 computer in the film ,2001. A Space Odyssey, those words are still some of the most chilling in 20th century cinema. At that moment, when HAL refused an order to open the pod bay doors, leaving astronaut Dave Bowman stranded in space, the technology that mankind created to explore other planets proved that it had become self-aware, and considered humans to be dispensable cargo.
An IATA survey found that more than three-quarters of airline chief financial officers and heads of cargo indicated that profitability increased in the second quarter of 2017 compared to the same period of 2016. However, IATA added that the first quarter may have marked the bottom of the industry profitability cycle. The airline and cargo executives were surveyed in early-July for IATA’s quarterly business confidence index.
Global freight tonne kilometres (FTKs) put in their strongest first-half performance for seven years, said IATA in its report for the first six months of 2017, published on 2 August. Traffic grew by 10.4% in the first half of 2017 compared to the first half of 2016, the best showing since the global financial crisis in 2010 and nearly triple the average growth of 3.9% over the last five years.
How does the traditional air cargo industry handle digitisation of the supply chain and also compete with start-up logistics companies offering shippers an app-based business-to-consumer service
Once again we have built on our success and are experiencing our best ever year. Growth has been phenomenal, in terms of both transactions and revenue. In the last six months, we have seen an increase in transactions of 9 percent and our revenue and profitability has exceeded all expectations, with income increasing by 26 percent versus the same time last year, and profitability increasing by a colossal 250 percent.
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