38
1 AIR CARGO TRENDS IN THE AMERICAS Air Cargo Trends in The Americas Andy Ricover Air Transport Specialist October 7, 2017, Kuala Lumpur FIATA World Congress

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Page 1: Air cargo ppt

1AIR CARGO TRENDS IN THE AMERICAS

Air Cargo Trends in

The Americas

Andy Ricover Air Transport Specialist

October 7, 2017, Kuala Lumpur

FIATA World Congress

Page 2: Air cargo ppt

2AIR CARGO TRENDS IN THE AMERICAS

Top 20 Cargo airports in the World by throughput

Loaded and unloaded cargo

2016

0 1 2 3 4 5

Chicago

London

Guangzhou

Amsterdam

Doha

Beijing

Los Angeles

Singapore

Miami

Taipei

Frankfurt

Paris

Tokyo

Louisville

Alaska

Dubai

Incheon

Shanghai

Memphis

Hong Kong

Source: AGL analysis, ACI

Millions of metric tons

-5% 5% 15% 25%

Alaska

Chicago

Miami

Memphis

Frankfurt

Tokyo

Paris

Amsterdam

Beijing

Los Angeles

London

Dubai

Hong Kong

Taipei

Louisville

Incheon

Shanghai

Singapore

Guangzhou

Doha

Growth in loaded and unloaded cargo

2016 vs 2015

Average growth of top Asian airports:

6.0%

Average growth of top US airports:

0.8%

Anchorage

Page 3: Air cargo ppt

3AIR CARGO TRENDS IN THE AMERICAS

0 0.5 1 1.5 2 2.5

Dallas

Osaka

Newark

Indianapolis

Taipei

Amsterdam

London

Chicago

Louisville

Paris

Miami

Singapore

Frankfurt

Anchorage

New York JFK

Incheon

Tokyo

Los Angeles

Hong Kong

Memphis

Top 20 Cargo airports in the World by throughput

Loaded and unloaded metric tons2016

0 1 2 3 4 5

Chicago

London

Guangzhou

Amsterdam

Doha

Beijing

Los Angeles

Singapore

Miami

Taipei

Frankfurt

Paris

Tokyo

Louisville

Alaska

Dubai

Incheon

Shanghai

Memphis

Hong Kong

Source: ALG analysis, ACI

Millions of metric tons

Loaded and unloaded metric tons2000

Anchorage

Millions of metric tons

Airport 2000 2016 Growth

Memphis 1 2 74%

Hong Kong 2 1 103%

Los Angeles 3 14 - 2%

Tokyo 4 8 12%

Incheon 5 4 45%

New York 6 Out N/A

Anchorage 7 6 41%

Frankfurt 8 10 24%

Singapore 9 13 18%

Miami 10 12 23%

Paris 11 9 33%

Louisville 12 7 60%

Chicago 13 20 4%

London 14 19 17%

Amsterdam 15 17 33%

Taipei 16 11 73%

Indianapolis 17 Out N/A

Newark 18 Out N/A

Osaka 19 Out N/A

Dallas 20 Out N/A

Shanghai Out 3 > 200%

Dubai Out 5 >200%

Page 4: Air cargo ppt

4AIR CARGO TRENDS IN THE AMERICAS

Top 20 Cargo airports in the World by throughputThe 20 largest cargo

airports of the world are all located in the Northern

hemisphere

East Asia concentrates 8 of the largest cargo airports of the World. Hong Kong (#1)

Source: ALG analysis, ACI data

(tons) 2016

BOG - 0.7 M

GRU - 0.5 M

MEX - 0.4 M

The US has 6 of the 20 largest cargo airports

of the world

Europe has 4: combination of large freighters hubs and

pax driven (belly)

No LAC’s airports on top 30: - BOG is # 38- GRU # 50- MEX # 51 - UIO- LIM

The Gulf has 2:DXB is #5 and DOH is

a new member

Page 5: Air cargo ppt

5AIR CARGO TRENDS IN THE AMERICAS

LAC’s contribution in global air cargo flows

149

146

76

59

56

Tocumen

Puerto Rico

San Jose

Guatemala

S. Domingo

637

482

399

297

270

Bogota

Guarulhos

Mexico

Lima

Santiago

Total LatAm

4.380

2500

2.506

2.489

2.085

Hong Kong

Shanghai

Dubai

Incheon

Tokyo

AsiaCentral América &Caribe

149

146

76

59

56

Tocumen

Puerto Rico

San Jose

Guatemala

S. Domingo

637

482

399

297

270

Bogota

Guarulhos

Mexico

Lima

Santiago

Total LatAm

4.380

2500

2.506

2.489

2.085

Hong Kong

Shanghai

Dubai

Incheon

Tokyo

AsiaCentral América &Caribe

Source: ALG analysis with data from Airbus Global MarketForecast 2015/35

149

146

76

59

56

Tocumen

Puerto Rico

San Jose

Guatemala

S. Domingo

637

482

399

297

270

Bogota

Guarulhos

Mexico

Lima

Santiago

Total LatAm

4.380

2500

2.506

2.489

2.085

Hong Kong

Shanghai

Dubai

Incheon

Tokyo

AsiaCentral América &Caribe

Page 6: Air cargo ppt

6AIR CARGO TRENDS IN THE AMERICAS

LAC’s contribution in global air cargo flows

LAC• ~6 % GDP

• 4.7% of

world’s cargo

149

146

76

59

56

Tocumen

Puerto Rico

San Jose

Guatemala

S. Domingo

637

482

399

297

270

Bogota

Guarulhos

Mexico

Lima

Santiago

Total LatAm

4.380

2500

2.506

2.489

2.085

Hong Kong

Shanghai

Dubai

Incheon

Tokyo

AsiaCentral América &Caribe

149

146

76

59

56

Tocumen

Puerto Rico

San Jose

Guatemala

S. Domingo

637

482

399

297

270

Bogota

Guarulhos

Mexico

Lima

Santiago

Total LatAm

4.380

2500

2.506

2.489

2.085

Hong Kong

Shanghai

Dubai

Incheon

Tokyo

AsiaCentral América &Caribe

Source: ALG analysis with data from Airbus Global MarketForecast 2015/35

149

146

76

59

56

Tocumen

Puerto Rico

San Jose

Guatemala

S. Domingo

637

482

399

297

270

Bogota

Guarulhos

Mexico

Lima

Santiago

Total LatAm

4.380

2500

2.506

2.489

2.085

Hong Kong

Shanghai

Dubai

Incheon

Tokyo

AsiaCentral América &Caribe

Page 7: Air cargo ppt

7AIR CARGO TRENDS IN THE AMERICAS

Miami: Latin American connection to Asia

Source: SterlingTransportation

Page 8: Air cargo ppt

8AIR CARGO TRENDS IN THE AMERICAS

Miami as the gateway with LAC: Freighters Capacity

Main LAC airports with departing cargo to MIA*

Source: consultant, using information from OAG

2016 - Capacity share of international freight tons according to OAG

MIA

BOG

MDE

Note*: only the capacity of full freighter airlines was considered for this analysis (no belly cargo)

SJO

UIO

SJU

CCSSAP

SDQ

PTY

STI

POSMGA

MAR

VCP

MEX

LIM

3%

6%

5%

3%11%

2%

1%

4%

10%

10%

4%

2%

5%

18%

4%

1%

• 80% of US trade with LatAm• 50%-50% O&D/Connections• 82% freighters, 18% belly• flights: 76 pax 79 cargo

Main Freighters at MIA

2016

The bulk of cargo into MIA is from Central America, Bogotá

and Quito

33%

31%

15%

6%

5%4%

6%

Another 6 freighters

Page 9: Air cargo ppt

9AIR CARGO TRENDS IN THE AMERICAS

21%

18%

12%9%

6%

3%3%

2%2%1%

24%

Colombia

Chile

Peru

Brazil

Ecuador

Argentina

Costa Rica

Dominican Republic

Honduras

Guatemala

Other

Air Cargo and trade statistics - Miami International airport

Source: Miami International Airport

Top ten trade partners by value

2016

Top ten trade partners by weight

2016

18%

9%

6%

5%

5%5%

4%3%3%3%

41%

Brazil

Colombia

Chile

Peru

Switzerland

China

Argentina

Italy

Costa Rica

Germany

Others

2/3 of the tonage is are

with 6 countries

Page 10: Air cargo ppt

10AIR CARGO TRENDS IN THE AMERICAS

Miami: Imports and Exports of Commodities

Source: Miami International Airport

36%

29%

18%

7% 9%

91% are perishables

Page 11: Air cargo ppt

11AIR CARGO TRENDS IN THE AMERICAS

Miami: Imports and Exports of Commodities

Source: Miami International Airport

watch the sclae!

Page 12: Air cargo ppt

12AIR CARGO TRENDS IN THE AMERICAS

67%

15%

8%

10%

MIA JFK LAX Other US airports

50%

18%

12%

20%

MIA JFK LAX Other US airports

Miami International airport - total trade compared to other US airports

Source: Miami International Airport

89%

6%5%

MIA LAX Other US airports

64%14%

10%

12%

MIA JFK LAX Other US airports

Perishable products

2016

810 K tonsFlowers221 K tons

Fruits and Vegetables225 K tons

Fish / Seafood343K tons

Page 13: Air cargo ppt

13AIR CARGO TRENDS IN THE AMERICAS

Miami International Airport: two new projects

Source: Miami International Airport

Value of Imports and Exports of

Pharma via MIA

(in 000 USD)

imports

exports

Ocean-to-Air: Central America’s perishables

Page 14: Air cargo ppt

14AIR CARGO TRENDS IN THE AMERICAS

LAC Busiest Air Cargo Airports in 2015

670

546

447

335

269

217

217

193

136

123

119

117

115

108

94

Bogota

Guarulhos

México DF

Lima

Santiago do Chile

Quito

Viracopos

Buenos Aires

Guadalajara

Manaus

Medellín

Rio de Janeiro

Panamá

Caracas

Brasilia

CAGR

‘10-’15

2,4%

2,8%

2,6%

5,0%

-1,5%

-6,9%

2,4%

1,0%

3,1%

4,8%

-2,6%

-1,1%

5,1%

-1,8%

Guarulhos +

Viracopos +

Congonhas

Santiago de

Chile

Lima

Quito

Panamá

México DF

Bogotá

Manaus

Buenos

Aires

Medellín

Caracas

Brasília

Rio de

Janeiro

0,9%

Main cargo airports in LAC (000 ton 2015)

San José

Recife

Salvador

Santo Domingo

Monterrey

Guadalajara

Fortaleza

Puerto España

Cali

Guayaquil

Porto Alegre

Belo Horizonte

Barranquilla

Montevideo

Belém

The Top 30 airports in LAC

moved more than 30.000 Ton

in 2016

Ranking of LAC Airports in Cargo (000 ton 2015)

Page 15: Air cargo ppt

15AIR CARGO TRENDS IN THE AMERICAS

Top 15 airports in LatAm: Passenger traffic and Transported cargo - 2016

Source: consultant, using information published by airports and Civil Aviation Departments

Transported cargo

2016*

Note*: cargo data for Caracas, Buenos Aires Ezeiza and San Jose airports are of 2015

Passenger traffic

2016

0 5 10 15 20 25 30 35 40 45

Sao Paulo Viracopos

Confins Belo Horizonte

Buenos Aires Ezeiza

Guadalajara

Buenos Aires Aeroparque

Panama City

Rio de Janeiro Galeão

Brasília

Santiago de Chile

Lima

São Paulo Congonhas

Cancun

Bogota

São Paulo Guarulhos

Mexico City

0 100 200 300 400 500 600 700

Rio de Janeiro Galeão

San Jose

Caracas

Manaus

Buenos Aires Ezeiza

Panama City

Medellin

Santiago de Chile

Guadalajara

Sao Paulo Viracopos

Quito

Lima

São Paulo Guarulhos

Mexico City

Bogota

Tons (‘000) M Pax

Page 16: Air cargo ppt

16AIR CARGO TRENDS IN THE AMERICAS

The role of the Latin American Airports in the Cargo Business (2015)

Source: ALG analysis on Flightglobal and ATI

large cargo airports

airline hubs with relevant

cargo

airline hubs without cargo

international gateways with

relevant cargo

hubs/gateways with growing

relevance of cargo

Pax (000)

Tons (000)

volume of circle: ratio

freight/total workload units (%)

27%

Page 17: Air cargo ppt

17AIR CARGO TRENDS IN THE AMERICAS

LAC Recently modernization of the airport cargo facilities

Cargo Terminal Eldorado (Colombia)Lima Cargo City (Perú)

• Opening May 2009

• 335.000 tons in 2015

• Opening Julio 2010

• 670.000 tons in 2015

Quito (Ecuador)

• Opening Agosto 2012

• 217.000 tons in 2015

Guadalajara (México)

• Opening Mayo 2013

• 136.000 tons in 2014

Important developments, Panama Tocumen, Quito, Guadalajara

Page 18: Air cargo ppt

20AIR CARGO TRENDS IN THE AMERICAS

New Mexico City Airport: opening 2020?

Source: GACM

Page 19: Air cargo ppt

21AIR CARGO TRENDS IN THE AMERICAS

Mexico City’s current situation: large number of operators

Source: ALG Analysis with OAG and SCT (Mexico) data

17%

13%

9%

6%15%

7%

6%

5%

*5%

5%4%

Avianca, Latam, Copa

Cargolux, Amerijet, United

Panalpina, Aerounión

Carriers: 36.5%

Wharehouses: 47.1%

Integrators: 16.4%

Page 20: Air cargo ppt

22AIR CARGO TRENDS IN THE AMERICAS

New Mexico City Airport: New air cargo center ( midfield development)

• 82 Has

• 25 stands

• 11 terminals x 20.000 m2

• 500 docks

• Office Center (> 5.000

m2)

• 1000 car spaces

Source: GACM

Current Airport New Airport

(Phase 1)

Total Area (Has) 16 40

INT/DOM Segregated Integrated

Terminals (m2) 80.000 220.000

Docks 130 500

Apron stands 7 25

Page 21: Air cargo ppt

23AIR CARGO TRENDS IN THE AMERICAS

Lima Airport: it’s mostly about asparagus

-

50'000

100'000

150'000

200'000

250'000

300'000

350'000

2009 2010 2011 2012 2013 2014 2015 2016

Lima Airport Exports (tons)

70%

30%

96 % fresh

87 % frozen/canned

3% fresh

Page 22: Air cargo ppt

24AIR CARGO TRENDS IN THE AMERICAS

Lima Airport: New Cargo Facility

Page 23: Air cargo ppt

25AIR CARGO TRENDS IN THE AMERICAS

Bogotá Airport: Exports of Colombian Flowers

96.2% by air

Source: OPAIN and Asocolflores

Page 24: Air cargo ppt

26AIR CARGO TRENDS IN THE AMERICAS

Bogotá Airport El Dorado

Source: ALG analysis on data from Opain, Aerocivil and airlines

total freight

(000 tons)

long range freqs/wk

The role of BOG is changing with the

introduction of long-haul aircraft (e.g. AV’s 787s)

Total Freight and LR Frequencies

Source: ALG analysis on Flightglobal and OAG data

Regional Connectivity

45%

KLM/Cargolux

Page 25: Air cargo ppt

27AIR CARGO TRENDS IN THE AMERICAS

Bogotá El Dorado: Cargo terminal (2010)

• Colombia is world’s 2nd flower exporter

• 80% exports are flowers (75% to USA)

• 75% traffic with freighters

• 12,000 ops Cargo

Page 26: Air cargo ppt

28AIR CARGO TRENDS IN THE AMERICAS

Bogotá Airport: Terminal Cargo Facilities

• >650k tons in 2016

• T1, T2 & T3

• 68,000 m2

• 25 apron positions

• 214 trucking docks

• Business Center (6.500 m2)

Source: Opain

Page 27: Air cargo ppt

29AIR CARGO TRENDS IN THE AMERICAS

Quito Airport: new airport inaugurated in 2012

Quiport

Elevation 2,400 m

Runway 4,100 m

Distance from City

Center40 km

Passengers 5 millions

Cargo

218.000 tn

(3rd LAC

exporter)

Page 28: Air cargo ppt

30AIR CARGO TRENDS IN THE AMERICAS

Quito Airport: Cargo facilities

Cargo terminal (12.000 m2) Tababela Cargo Center (flowers)

Page 29: Air cargo ppt

31AIR CARGO TRENDS IN THE AMERICAS

Quito Airport: a cargo busy day

Over 5 wide-body freighters: what’s happening?

• Atlas

• Cargolux

• Airbridge

• UPS

• Etihad

• Emirates

• LAN Cargo

• AF/KLM/Martinair

• Cargologic

• Centurion

• Avianca

• Cubana

• Tampa

• LAS

Page 30: Air cargo ppt

32AIR CARGO TRENDS IN THE AMERICAS

Quito Airport: Cargo traffic profile

Cargo

OUT Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total

2017 14.262 17.027 11.928 15.173 14.596 12.173 12.293 13.728 12.450* 14.930* 13.129* 13.668* 165.357

14.3

17.0

11.9

15.2

14.6

12.2 12.3

13.7

12.5

14.9

13.1

13.7

10'000

11'000

12'000

13'000

14'000

15'000

16'000

17'000

18'000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

TO

NS

CARGO OUT Tons 2017

Valentine´s Day

14.150 Tons

Russian Women’s

Day

6.906 Tons US/Europe

Mother´s Day

9.785 Tons

Back to School

Russia

Santos Season

Holidays

Russian Mother’s

Day

Source: Quiport

Outgoing Cargo (2017)in 000 tons

Page 31: Air cargo ppt

33AIR CARGO TRENDS IN THE AMERICAS

Panama Tocumen

Shipping:

• 5% World´s international trade

• 65 Services with weekly frequency

• 17 millions of annual TEU´s

• potential to develop a logistics center to distribute by air

sea fright

Source: Panama-Tocumen

Air Cargo:

• 92 Destinations

• 300 Daily flights

• Copa: cargo is not the core

business

• Long haul developments:

TK, KL, LH, EK increasing

belly capacity

Page 32: Air cargo ppt

34AIR CARGO TRENDS IN THE AMERICAS

Panama Tocumen: LAC’s biggest international network

5

10

11

18

26

33

37

42

45

55

56

92

Cartagena

Cali

Medellín

Montevideo

Rio de Janeiro

Bogotá

Santiago de Chile

Lima

Buenos Aires (EZE)

Sao Paulo (GRU)

México

Panamá

best connected airport in LAC(# destinations)

AMS

MAD

DBX

IST

300 flights daily connecting 92 destinations from North, Center and South America

Source: Panama-Tocumen

FRA

Page 33: Air cargo ppt

35AIR CARGO TRENDS IN THE AMERICAS

Panamá Tocumen: Future airport cargo center (in construction)

Cargo Terminal Areas

Warehouse 1st lineTotal: 49.070 m2

(Net new: +20.000 m2)

Logistic Zone Areas

Logistic Parcels Parcels: 207.619 m2

(Warehouses: 132.201 m2)

Source: Panama-Tocumen

Page 34: Air cargo ppt

36AIR CARGO TRENDS IN THE AMERICAS

IATA’s Analysis by Region

International FTK growth by route (YTD, % y-o-y, up to Apr 2017)

Page 35: Air cargo ppt

37AIR CARGO TRENDS IN THE AMERICAS

Opposite results for North America and Latin America

Air freight market detail – May 2017

Page 36: Air cargo ppt

38AIR CARGO TRENDS IN THE AMERICAS

Improved Load Factors in both Regions, due to different reasons

Freight load factors by region airport in LAC

demand increased

more than capacity

demand decreased

airlines adjusted

Page 37: Air cargo ppt

39AIR CARGO TRENDS IN THE AMERICAS

Concluding remarks

• Demand in the region is increasing:

• progressive improvements in production and logistics of perishables

• recuperating demand from the developed economies

• increased capacity on belly cargo driven by increased passenger demand

• perishables are commodities, sensible to the fuel price that can affec exports

• Airports are adapting capacity:

• refocusing in the cargo business, mainly as landlords

• large investments in infrastructure, upgrading logistics and technologies

• business model allowing the introduction of competition

• red tape continues to be the largest challenge, trade-off between control and functionality

• airports searching for new markets

Page 38: Air cargo ppt

40AIR CARGO TRENDS IN THE AMERICAS

Thank you

photos; Ricover