The World Cargo Symposium (WCS), the largest and most prestigious air transport cargo event, will be held in London, United Kingdom, from September 27-29, 2022. According to IATA, the IATA World Cargo Symposium (WCS) would emphasise resilience-building to improve the chances for air cargo after a pandemic.
The Symposium will feature plenary sessions, specialised streams, workshops, and executive summits, tackling aspects related to technology and innovation, security and customs, cargo operations, and sustainability. The air cargo industry’s sturdiness was put to the test by COVID-19. Despite difficult circumstances, air freight kept global supply networks open and transported vital medical supplies and vaccinations around the world. As the number of passengers fell, air cargo became a critical source of income for many airlines. In that year, air freight revenues reached a new high of $204 billion, more than doubling from the previous year and accounting for more than 40% of total airline revenue in 2021.
“During the pandemic, air cargo demonstrated its endurance, and it is now stronger. The current difficulty is maintaining the momentum created by digitalization and other improvements in customer-centered efficiency. There are strong reasons for optimism. Despite growing economic and geopolitical instability, air cargo is still strong. The theme of this year’s WCS, according to Brendan Sullivan, global head of cargo for IATA, will be how the industry can take advantage of this resilience to create an even more bright and sustainable future for international air cargo.
