IATA World Cargo Symposium
The cargo industry is a major area of focus for this July’s FIA and with good reason, it is growing quickly and as international trading links shift, reliance on aviation to transport freight is set to increase.
Simon Ford, Head of Sales and Sponsorship for Farnborough International recently attended the IATA World Cargo Symposium in Dallas, which he describes as: “an event with a strong sense of community among what is evidently a niche sector of the aerospace industry.”
For Simon, the role of eCommerce stood out as a leading driver for growth across the industry, with the challenge being to meet demand for deliveries driven by an increase in online sales. And while air cargo in conventional aircraft plays a key role in this, unmanned systems are also being developed and trialled for an even more rapid response.
Limited freighter availability as a result of low aircraft orders is a major issue in meeting this demand. About this Simon says: “Encouraging investment in dedicated aircraft is an obvious way to respond to the pressure online retailers such as Amazon are placing on freighter companies to react quickly, deliver ever-increasing volumes of online sales, and meet the expectation of online shoppers who want and expect things to be delivered with an immediacy.”
At the Farnborough Airshow, a 1,000sqm Cargo Village will serve as an important hub for anyone connected to the industry. Sponsored by Volga Dnepr and CargoLogicAir, it brings together exhibitors including airports, charter brokers, logistics specialists and even security services under one roof, with a static display that provides a rare opportunity for visitors to get close to these giant freighter aircraft.
Running alongside the Cargo Village will be a dedicated conference programme curated by IATA. Industry experts and thought leaders are set to discuss and explore many of the issues affecting this fast-growing industry, from the use of UAVs through to delivering to remote locations.
Says Simon: “It’s clear that the cargo industry is undergoing a major period of transition; from unprecedented growth and emerging technologies, through to increasing need for freighter aircraft. The Farnborough International Airshow has an unrivalled global attendance; there is nowhere more appropriate to exhibit to a target audience, or to have the much-needed discussions about the issues affecting the cargo industry and its future.”