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The International Air Transport Association (IATA / aɪ ˈ ɑː t ə /) is a trade association of the world's airlines founded in 1945. [4] IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing.
Air freight rates rose as a consequence, from $0.80 per kg for transatlantic cargoes to $2.50-4 per kg, enticing passenger airlines to operate cargo-only flights through the use of preighters, while cargo airlines bring back into service fuel-guzzling stored aircraft, helped by falling oil prices.
Dimensional weight is commonly used for invoicing by air freight forwarders, truck carriers, as well as all commercial airlines worldwide. In 2007, DHL, FedEx, United Parcel Service and USPS adopted the dimensional weight system for ground services.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
A FedEx Express Boeing 777F taxiing at Narita International Airport in Tokyo, Japan in 2012 A Volga-Dnepr Airlines An-124 cargo aircraft ready for loading in 2008 Global air transport by country and freight level as of 2017 (ton-km) [1] Air cargo is any property carried or to be carried in an aircraft. Air cargo comprises air freight, air ...
Rank Airport Location Code (IATA/ICAO) Rank Change Total Cargo (tonnes) % Change 1. Hong Kong International Airport: Chek Lap Kok, New Territories, Hong Kong, China: HKG/VHHH: 4,331,976: 3.2%
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