Enabling global trade
The value of goods carried by air is expected to exceed $7.1 trillion in 2020. Airlines transport over 52 million metric tons of goods a year, representing more than 35% of global trade by value but less than 1% of world trade by volume. That is equivalent to $6.8 trillion worth of goods annually, or $18.6 billion worth of goods every day. Find out more interesting air cargo facts (pdf)
On average, cargo business generates 9% of airline revenues, representing more than twice the revenues from the first class segment.
To support this critical business, IATA is committed to deliver enhanced value for the industry by driving a safe, secure, profitable and sustainable air cargo supply chain.
Is the air cargo industry ready to offer the right logistics solutions for the e-commerce retail industry and support their business growth? Download the latest e-Commerce white paper (pdf)
Transformation, industry success and sustainability can only be achieved through collaborative efforts. Therefore, IATA works to develop and nurtures partnerships to strengthen air cargo by engaging all relevant industry associations and partners at global, regional and local levels, to identify common objectives, and areas to start or strengthen existing collaboration.
NB: Please note this is not an exhaustive list of the organizations we collaborate with, nor of the specializations within IATA Cargo.
The Industry Priorities
IATA develops global standards and tools, offers financial services and industry solutions, drives transformation projects, creates partnerships, and runs campaigns, advocacy and outreach activities. Shaped by the IATA Cargo Committee, our IATA Cargo Strategy (pdf) addresses the industry key priorities.
World Cargo Symposium
Reflecting the need for cross-industry collaboration, the World Cargo Symposium (WCS), has evolved to become a major industry decision-making platform. This event also serves to raise the profile of air cargo with governments, helping to ensure that cargo has the regulatory environment and infrastructure needed to successfully drive growth.
The Global Air Cargo Advisory Group
The industry is focused on developing partnerships to strengthen air cargo. The Global Air Cargo Advisory Group (GACAG) comprises the International Federation of Freight Forwarders Associations (FIATA); The International Air Cargo Association (TIACA); the Global Shippers Forum (GSF); and IATA. Their work is focused on the priority areas of e-commerce, customs and trade facilitation, security, and sustainability.