CLIVE Data Services signs MoU with TIACA to share air cargo market analyses

March 9, 2020: The International Air Cargo Association (TIACA) has signed an intelligence-sharing agreement with CLIVE Data Services, creators of the new ‘dynamic load factor’ analyses, to deliver latest market and route analyses to its members.

Changing the way air cargo usage is measured

According to CLIVE‘s dynamic load factor analyses, the global utilisation of air cargo capacity is 35% higher than calculated in weight load factor, the traditional industry indicator. CLIVE Data Services will deliver its first market analyses to the Association’s members this month.

The Memorandum of Understanding (MoU) signed by TIACA and CLIVE to provide timely and accurate market data and aims to show the air cargo industry in the best possible light to all industry stakeholders, regulators and relevant government ministries.

Steven Polmans, chairman, TIACA, said: “As part of the transformation of TIACA, we are promising to deliver more content to our growing membership - but only content of value to their businesses and which accurately represents and promotes the global air cargo industry. CLIVE’s dynamic load factor is registering a lot of interest because it breaks with tradition and is changing the way air cargo usage is measured based on the realities of today’s market. It is also the fastest source of data, which is also very appealing for our members.”

“Working with TIACA enables us to put our market intelligence in front of a large group of respected decision-makers, who we hope will embrace our new load factor methodology. This represents another important step forward in getting the industry to accept there is a new and more accurate way to measure how full flights are,” commented Niall van de Wouw, managing director, CLIVE Data Services.

A recent TIACA survey showed that its members are looking to the association to educate the industry on air cargo economics and provide more market-based data and analysis. Under the terms of the agreement, CLIVE will provide market data for TIACA’s Cargo Pulse newsletter as well as regular market trends content for social media and speakers at the association’s conferences on market and route trends.

CLIVE’s first-to-market analysis consolidates data shared by a representative group of international airlines operating to all corners of the globe. Based on both the volume and weight perspectives of the cargo flown and capacity available, it gives the air cargo industry the earliest possible barometer of the market.

How CLIVE calculated global chargeable weight of air cargo in February 2020

The global chargeable weight of air cargo in February 2020 fell - on a like-for-like basis - by nearly 9 percent versus 2019 as the industry suffered the dramatic consequences of the novel coronavirus (Covid-19) on world trade.