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Air Cargo Demand Grows 8.2% by the End of 2024

The International Air Transport Association (IATA) has released data on global air cargo markets for November 2024, revealing an 8.2% growth in total demand, measured in cargo tonne-kilometers (CTK), compared to November 2023. For international operations, the increase was 9.5%. This marks the 16th consecutive month of expansion in the sector. Meanwhile, capacity, measured in available cargo tonne-kilometers (ACTK), grew by 4.6% during the same period (6.5% for international operations).

The Significance of Air Cargo Growth

The increase in air cargo demand signals economic recovery and greater global trade activity. Factors such as stabilized fuel costs—22% lower than the previous year—have improved industry profitability. Additionally, market conditions have driven a 7.8% increase in yield.

Willie Walsh, IATA’s Director General, stated:
“November was a strong month for air cargo, with demand growing by 8.2%, nearly doubling the 4.6% growth in cargo capacity. While we expect this positive trend to continue into 2025, we must monitor risks such as inflation, geopolitical uncertainties, and trade tensions.”

Impact of Air Cargo Growth

  • Boost to International Trade: The expansion of air cargo enhances the transportation of high-value goods, such as technology and electronic components, improving global supply chain efficiency.
  • Economic Stability: Higher air cargo demand reflects increased industrial production and goods trade. In October 2024, industrial production rose by 2.1%, while global trade in goods saw its seventh consecutive month of growth, up by 1.6%.
  • Optimism in the Logistics Sector: The global manufacturing purchasing managers’ index (PMI) surpassed 50 in November, signaling growth. However, the PMI for new export orders remained below 50, indicating lingering uncertainty in global trade.

Economic Factors Influencing the Sector

Inflation rates have played a role in air cargo demand:

  • United States: Consumer price index (CPI) inflation rose by 0.1 percentage points to 2.7% in November.
  • European Union: Inflation increased by 0.2 percentage points, reaching 2.5%.
  • China: Consumer inflation fell to 0.2%, raising concerns about a potential economic slowdown.

The air cargo sector is poised for continued growth in 2025, driven by economic recovery and logistics digitalization. However, trade tensions and fuel cost volatility could impact market stability. Optimizing supply chain strategies will be crucial for airlines and air cargo companies to capitalize on this growth.

For more logistics news, visit our blog.

Growth in Air Cargo Demand in 2024

In 2024, congestion at seaports and the rise of e-commerce have driven significant growth in global air cargo demand. According to the International Air Transport Association (IATA), the first half of the year saw a 13.4% increase in air cargo demand compared to the same period last year. This growth highlights the sector’s adaptability in the face of economic and political challenges, including the increase in U.S. tariffs on e-commerce products from China.

Growth in Air Cargo Demand in 2024: Increase on Key Routes

In June 2024, air cargo demand continued its upward trend, reaching a year-on-year increase of 14%. This increase was particularly pronounced in airlines in the Asia-Pacific region, which recorded a 17% growth, the best global performance. Trade routes connecting Africa and Asia saw a 37.5% increase, while routes between Europe and Asia, Intra-Asia, and Middle East-Asia grew by 20.3%, 21%, and 15.1%, respectively.

This boom is largely due to the crucial role air cargo plays in e-commerce. With congestion at seaports, companies are opting for air transport to ensure the fast delivery of products, which has generated unprecedented demand on key routes. However, this expansion also presents challenges that the sector must address to sustain its growth.

Challenges for High Air Cargo Demand

Despite the growth, the air cargo sector faces several challenges that could hinder its progress if not properly addressed:

Limited Cargo Capacity

As demand continues to rise, aircraft cargo capacity is increasingly limited. This can lead to congestion at airports and delays in product delivery. One solution is optimizing space usage on aircraft and improving logistics operations by using advanced technologies such as artificial intelligence and machine learning, which can predict demand and adjust capacity accordingly.

Environmental Sustainability

The increase in air cargo demand also raises environmental concerns due to higher fuel consumption and carbon emissions. To mitigate this impact, airlines are investing in more efficient aircraft and developing sustainable aviation fuels (SAF). Additionally, optimizing flight routes and improving cargo operations can significantly reduce the sector’s carbon footprint.

International Regulations

Airlines must navigate a complex framework of regulations that vary between countries and regions. This can affect efficiency and increase operational costs. Collaboration between governments and the private sector is essential to harmonize these regulations and facilitate international trade. The use of digital platforms that efficiently manage regulatory and logistical aspects could be key to overcoming this challenge.

Innovation and Technology: Keys to the Future of Air Cargo

The adoption of innovative technologies is essential to facing air cargo challenges and seizing growth opportunities. GP Nauticals, through its AIMS (Automatic Invoice Management System) product suite, offers solutions designed to optimize billing and collection processes at both airports and seaports. AIMS centralizes data, processes payments, generates invoices, and facilitates efficient collection, helping reduce operational costs and improve efficiency in cargo operations.

GP Nauticals’ focus on versatile, low-cost solutions that require minimal training enables seamless integration with existing systems. This means that airlines and cargo operators can adopt this technology without significant disruptions to their operations. By implementing AIMS, companies can manage their billing processes more efficiently, contributing to greater transparency and control over transactions, improving security and reliability in air cargo transport.

What to expect?

As air cargo demand continues to grow, companies that invest in advanced technological solutions will be better positioned to face future challenges. With products like GP Nauticals AIMS, cargo operators can optimize their processes, reduce costs, and increase revenues, staying competitive in an ever-evolving global market.

Here at GP Nauticals our technologies not only enhance operational efficiency but also enable companies to quickly adapt to regulatory and market changes. If your company is looking to innovate in air cargo management and maximize its potential, GP Nauticals offers the tools needed to take your operations to the next level. Contact us to discover how our solutions can help you transform your business and ensure success in a competitive environment.

NASA Designs Hybrid-Electric Engine for Aircraft with Lower Consumption

A hybrid-electric engine is NASA’s new project. The HyTEC Project (Hybrid Thermally Efficient Core) aims to transform the aerospace industry to provide a more ecological and efficient alternative to traditional combustion engines.

What is the HyTEC Project?

The HyTEC Project is an initiative by NASA that is part of the Electrified Aircraft Propulsion (EAP) program. Its goal is to design and develop a hybrid-electric engine that combines advanced electric propulsion technologies with efficient thermal-level components. This aims to optimize the engine’s performance, reducing carbon emissions and fuel consumption.

Hybrid-Electric Engine Technology

The engine developed under the HyTEC Project integrates two key technologies:

  • Electric Propulsion: Electric motors are known for their high efficiency and ability to operate without directly emitting polluting gases.
  • Efficient Thermal Components: Thermal management systems maximize engine efficiency, reducing wasted energy and optimizing fuel use when needed.

Advantages of Electric Motors in Aviation

Whether hybrid or electric, the development of a new type of aircraft engines benefits the aviation industry:

  • Emissions Reduction: Electric motors do not emit carbon dioxide or other polluting gases, contributing to the fight against climate change.
  • Energy Efficiency: Electric motors can convert a higher proportion of energy into useful power, resulting in lower energy consumption and higher operational efficiency.
  • Lower Maintenance: Compared to internal combustion engines, electric motors have fewer moving parts, reducing costs and maintenance frequency.
  • Quiet Operation: Electric motors generate less noise than combustion engines, improving the quality of life for communities near airports.

Research and Innovation in the HyTEC Project

After three years of remarkable progress, solutions were found that allow for increased heat and pressure compared to standard jet engines while maintaining the same thrust with a smaller core. This requires more durable materials that can withstand higher temperatures.

Challenges and Future of the HyTEC Project

Like any innovative change, the development of electric motors for aircraft faces several challenges. The energy density of batteries is one of the main obstacles, as they must be lightweight and powerful enough to be viable in aeronautical applications. Additionally, charging infrastructure at airports and safety regulations must be adapted to support this new technology.

However, NASA and its partners are committed to overcoming these challenges, as the HyTEC Project focuses not only on engines but also on collaboration with the industry and regulatory authorities to enable the adoption of hybrid-electric aircraft.

NASA’s HyTEC Project represents a significant step towards sustainable aviation. By developing hybrid-electric engines that combine electric propulsion and thermal efficiency, NASA is leading the way towards a future with lower emissions and reduced fuel consumption. These efforts not only have the potential to transform the aviation industry but also will significantly contribute to the fight against climate change, demonstrating NASA’s commitment to innovation and sustainability.

For more news about aeronautic innovation, visit our website.

Alaska Adopts a Robot Dog to Protect Air Safety

In an effort to improve airport safety and reduce the risks of collisions between aircraft and wildlife, Fairbanks International Airport, located in Alaska, is taking a bold step into the future by introducing a new member to its team: a Boston Dynamics robot dog named “Aurora.” This airport, the second largest in the state, is constantly seeking innovative solutions to address the unique challenges presented by its environment.

 

A Robot Dog as a Futuristic Solution to a Persistent Problem

The Alaska Department of Transportation has announced plans to test Aurora’s effectiveness in keeping migratory birds and other wildlife away from critical areas near the runways. With a design that mimics the movements of natural predators, this robotic canine is equipped with interchangeable panels that allow it to camouflage as a coyote or a fox, providing a non-invasive yet effective solution to deter unwanted wildlife presence in high-risk areas.

 

Integrating Cutting-Edge Technology into Airport Security

The introduction of a robot dog at Fairbanks Airport represents an exciting advancement in the integration of technology into airport processes and routines. By leveraging state-of-the-art artificial intelligence and robotics, the airport is demonstrating its commitment to operational safety and environmental protection. Furthermore, this measure highlights the ability of technology to address complex challenges in an innovative and sustainable manner.

 

Looking to the Future

While the implementation of Aurora is a promising step, it also raises questions about the role of technology in the future of aviation and wildlife management in airport environments. As we continue to explore new ways to enhance safety and efficiency in the aviation industry, it is crucial to strike a balance between technological innovation and environmental preservation.

The use of technology such as Aurora in airports not only enhances operational safety but also opens up new possibilities for more efficient and environmentally respectful management. By adopting innovative solutions like this, the aviation and aeronautic industry can move towards a safer, more sustainable, and connected future.

 

For more news on aeronautical innovation, visit our website.

Innovation: Virtual Reality Training Simulator at the Airspace Integration Week 2023

From September 25th to 28th, Madrid was the epicenter for aviation and space navigation, alongside cutting-edge drone technology, during the international event Airspace Integration Week 2023.

ENAIRE, leading air traffic management company in Spain, showcased a range of innovative simulators and state-of-the-art displays, while actively participating in high-level conferences.

Virtual Reality Training Simulator

One of the standout achievements of this event was the unveiling of a virtual reality training simulator for air traffic controllers. This tool empowers future air traffic controllers to gain experience within a virtual environment, preparing them for the complexities that can arise in air traffic management.

The iFOCUCS display proved to be another highlight, demonstrating the capabilities of the groundbreaking air traffic control position. This state-of-the-art technology not only enhances airspace management but also symbolizes the industry’s commitment to progress and efficiency.

In addition, the ICARO Maps and Flow Tools screens, sophisticated traffic flow management tools, aim to provide real-time critical information for air traffic control, further streamlining operations and ensuring safety. This includes real-time data on flights, weather conditions, and more.

Airspace Integration Week 2023

The significance of technology and innovation in the aviation industry was the main focus during Airspace Integration Week 2023. Such advancements not only enhance safety but also redefine the learning curve, ensuring a new generation of controllers is well-prepared to navigate the evolving airspace landscape.

Furthermore, the discussions held at the event delved into key industry topics, ranging from cutting-edge air navigation systems to harnessing the potential of artificial intelligence and satellite navigation. Collectively, these advancements propel the aviation and space navigation industry forward, offering unprecedented opportunities for efficiency, safety, and sustainability. The event exemplified how technology and innovation continue to be the driving forces behind the industry’s progress, shaping the future of air travel and navigation on a global scale.

Airspace Integration Week 2023 relies on three foundational pillars: the advancement of air traffic management, the evolution of drone operations management (U-Space), and the space traffic management.

Airspace Integration Week 2023 not only was a transformative event in the realm of air and space navigation but also underscored the potential of advanced technology within the industry, setting new standards for the future.

For more new, visit our blog.

Source: Enaire.es

Aviation Festival Americas 2023: Driving Innovation in the Aeronautical Industry

The Aviation Festival Americas is a prestigious event that brings together leaders and visionaries in the aeronautical industry to discuss and showcase the latest advancements in technology, sustainability, and customer experience. This 2023 edition proved to be a landmark event for the aviation industry, and the GP Nauticals team is proud to have taken part in it.

 

As the most important event for the aviation industry in the Americas, the Aviation Festival Americas attracts top executives from airlines, airports, and technology providers across the region. The conference provides a platform for these leaders to share their insights, forge strategic alliances, and tackle the most pressing issues facing the aeronautical industry today.

 

Some of the most important topics during the event included AI and Machine Learning, Sustainability, Customer Experience and Airport Technology, as well as plenty of solutions with the goal of improving the aviation industry.

 

A Showcase of Innovation: GP Nauticals at the Aviation Festival Americas

 

At the Aviation Festival Americas, the GP Nauticals team participated and showcased their revolutionary AI and Face Recognition system designed to transform the aeronautical industry. The cutting-edge technology promises to improve airport security, streamline passenger processing, and enhance overall customer experience. By leveraging advanced algorithms, the system can quickly and accurately identify passengers, allowing for a seamless and secure boarding process.

 

It was also a great opportunity to present the solutions of our Suit AIMS, which include airport administration management system, digitalizing fueling services, keep record of our passengers, invoice and billing, and many more.

 

The team thanked the organizers and their fellow participants for making the event a resounding success. A special shoutout to Falco Systems and SpaceBot, whose collaboration with GP Nauticals is driving innovation and excellence in the aviation industry. By working together, we are pushing the boundaries of what’s possible in aviation, developing groundbreaking solutions that will shape the future of air travel.

 

Moreover, the Aviation Festival Americas provided an ideal platform for fostering partnerships and collaborations. We had the privilege of engaging with other forward-thinking companies, exploring potential synergies, and laying the foundation for future collaborations that will drive progress in the aviation sector.

 

As we reflect on our experience at the Aviation Festival Americas, we are filled with gratitude and enthusiasm. This event has not only strengthened our position in the industry but also reinvigorated our commitment to pushing boundaries and delivering excellence.

 

Together, let us continue to drive innovation, shape the future, and propel the aviation industry to new heights.

Good news for 2023

During a new moment, where many are studying the strengths and threats of 2023, air terminals are trying to weigh the new challenges, hoping for a new era and great opportunities for the aviation sector. 

As we have discussed in previous articles, there are many projects in the air, new technologies for transportation and air traffic control. There are also new experiences for passengers, such as in-flight connectivity, the opening of new routes, and the improvement of airport infrastructure worldwide. 

At this point, we can see how airports are already preparing for funding and new work to expand and improve the structures of airport spaces at a time when challenges are at the door. 

New projects are on the way…

In the last few days we have talked about El Dorado Airport as the most punctual airport in Latin America, and today we can see that a new project has been approved for the construction of a new terminal at the airport of Cartagena, a tourist destination in the Latin country that receives countless world-class tourists year after year. 

This project will allow the expansion and modernization of the structure of the Rafael Núñez International Airport in Cartagena. Thanks to these works, the airport will be able to increase its air capacity and be prepared to receive approximately 7.5 million passengers per year. 

The authorities in charge of the project have also stated that these modernization and construction works will be completed in two and a half years. 

In this sense, tourism in Colombia is getting stronger and getting recognized on an international level.

We talk about sustainability…

From airplanes with recycled materials and paper savings to the digital world, the aviation sector is looking for new horizons in terms of sustainability and environmental friendliness.

For several years now, there has been talking about introducing an environmentally friendly fuel to minimize the damage caused by CO2 in the air. Today, new mechanisms are already being presented to achieve zero emissions by 2035. 

Not only is there talk of green fuel, but also hydrogen and ethanol to produce a friendly and safe fuel for aviation. We see that there are still some years to go, but behind all this, big companies are working to achieve the expected results.

 

This and other news about the maritime and aeronautical sectors are in our blog

 

Airport recovery in Latin America

We are starting a new year, after stumbles, pandemics, and a new adaptation, airports presented their balance sheets for 2022. For the most part, the recovery was evident, which translates into new challenges and improvements. 

In the case of Latin America, El Dorado Airport, which serves Bogota, was the most punctual airport in Latin America in 2022. 

This result was announced by Cirium, a specialist in the analysis of the aeronautical sector, which presented the annual balance of the punctuality performance of airports worldwide. 

In the case of El Dorado International Airport, it was the most punctual with 80.72%, which places it in the top 10 and as the most punctual in Latin America. 

Recovery at Tocumen Airport 

In the case of Central America, specifically at Tocumen International Airport, the annual report of airport activities was presented. 

In this report, the recovery of the airport in the year 2022 stands out, which recovered the airport traffic concerning 2021, new flight routes were opened, and also, the recovery of the structure and operation of the new Terminal 2. 

In general, it can be said that although the year just ended was a year of challenges, the return of airlines and the lifting of restrictions was positive for the recovery of the sector. 

In terms of numbers, Tocumen Airport closed 2022 with more than 15 million passengers, a little more than 6 million more than in 2021. 

This is only a small part of what happened in Latin America, but the recovery of air traffic worldwide was very satisfying for the recovery of the aviation sector after years of uncertainty and new challenges. 

But 2023 is just beginning, what will it hold for the aviation sector? 

 

Read more news about the aviation and maritime sectors in our blog

Green Aviation 

The aviation industry plays an important role worldwide, in principle, it is cataloged as the safest means of transportation in the world and it is also responsible for connecting infinite routes worldwide, making a long distance become a short trip. 

Since its beginnings, the aeronautical world has given a lot to talk about, but today it joins the same trend that all economic and social sectors worldwide are talking about, we are talking about “sustainability”. 

For some years now, leaders around the world have been working to minimize the polluting effects on the environment, and the aeronautical sector together with fuel developers are already working on a green mechanism to minimize the climate threat. 

By 2050, CO2 emissions are expected to have decreased by 50%. 

Change comes from within…

When we talk about sustainability, we are not only talking about new fuel formulations but also about the use of materials for the construction of environmentally friendly propellants or aircraft. 

The use of efficient materials throughout the design and assembly process of an aircraft is also a factor to take into account when considering the use of more environmentally friendly products and processes. 

Such is the case of the European continent, which has launched the Clean Sky or Clean Aviation project, which works on improving the sector with a positive impact on the ecosystem. 

Technology as a green ally… 

While technology is still new to many sectors, it is also part of the positive change for the environment. 

Biometric technology, big data, and the leap to digital have resulted not only in benefits for the passenger or the industry itself but also for the environment. 

The leap to digital has decreased the use of paper in air terminals, which means a positive impact on the regeneration of a greener world.

These are just some of the changes we see so far in the aviation sector, what will be waiting for us in 2023? We are ready for surprises. 

 

Robotics in the airport sector

We have already talked about how technology has become involved in everyday life. However, today we can see how robots are becoming more and more integrated into the routine, and this is how we can already see them in airports worldwide. 

To provide security, trust, and support, there are already some airports that have implemented the use of robots within the installations.

Airports in London, Japan, and the United States are just some of the terminals that already have robotic units to perform different tasks that help to streamline the development of the same. 

It is estimated that by 2028 the market for robots in airports will reach US$2,108 million, according to Research & Markets. This means that the growth of such technology will grow exponentially year after year. 

New smart strategies…

After turbulent years due to Covid-19, the airline industry was forced to look for alternatives to weather the ravages of flight groundings, massive layoffs, and financial decline. But, amid the formula for a new take-off, they found the benefits of digital transformation. 

These brought unbeatable benefits to lift the sector back on its feet. Among them were electronic vaccination ballots, the use of software for airport administrative management, facial recognition and artificial intelligence for passenger control, and more. 

That is why now, robots are joining this formula to enhance the needs of air terminals. 

Robots, a good decision? 

Some of the functions that robots fulfill in airports can be found: 

  • Strengthen security in terminals, with the ability to prevent dangerous events. 
  • Thanks to artificial intelligence they can detect prohibited or dangerous artifacts such as explosives. 
  • Manage passenger transit, boarding pass scanning, and more. 
  • Keep cleaning tasks unimpeded. 

These are just some of the tasks that are currently being taken advantage of, but, this will not stop here as the world of robotics will begin to grow exponentially and will be increasingly implemented around the world. 

Read more about the aeronautics sector in our blog.