Singapore Airlines Cargo (SIA Cargo) continues to see declining freight traffic with an 8.1 per cent decline in volume for the month of February, year-on-year to 73.9 million kg from the 80.4 million kg it uplifted in February 2013. Expressed in freight tonne kilometres (FTK), the Singapore carrier saw a drop of 11.1 per cent to 414.7 million FTK. Although capacity contracted by four per cent it was not enough to offset the shrinking cargo volumes, leading to a cargo load factor of 58.1 per … [Read more...] about SIA Cargo traffic continues to slide in Feb
The Phantom of the North Atlantic.
This week’s Belly Ache focuses on a topic quite unrelated to air cargo, but we’re confident you will agree it is an item that is so fantastical it will surely be made into Hollywood movie at some point! After all, it has all the components of a ‘great’ box office hit – ghostly mystery, intrigue and of course an essential ingredient... cannibal rats! We also reckon that since the shipping industry is a bit of a nemesis of the air cargo industry all’s fair … [Read more...] about The Phantom of the North Atlantic.
Emirates SkyCargo continues to fly high
Speaking to Payload Asia in Mumbai recently, Emirates divisional senior VP for cargo, Nabil Sultan essentially summed up the position of the carrier’s cargo division when he said simply: “For us there will always be new markets”. Indeed, considering the carrier’s fleet of over 200 aircraft – all widebodies – flying a network to more than 140 destinations in 74 countries across six continents. But, the real kicker of course, is the Dubai-based … [Read more...] about Emirates SkyCargo continues to fly high
Regulatory inequality
Watching the latest news from the ocean shipping world has got me thinking. I’m struck by the stark inequality between regulations applied to the commercial aviation sector and those applied to the world of ocean shipping. What provoked this chain of thought was the ongoing news of ever larger containerships being ordered. The world’s largest container ship operator Maersk, made headlines not long ago for introducing the largest boxship in history – the Maersk McKinney … [Read more...] about Regulatory inequality
Munich Airport welcomes 3rd runway ruling
Germany's Bavarian Administrative Court has upheld an earlier decision on planning permission for Munich Airport's plans for a third runway. After five onsite inspections, 41 days of hearings and an intensive review of the 2,800 page planning permission decision by District Government of Upper Bavaria, the court dismissed 16 suits filed in objection to the official approval of the project. Munich Airport said that in the opinion of the judges, the planning permission … [Read more...] about Munich Airport welcomes 3rd runway ruling
Lufthansa Cargo offices raided in bribery probe
The offices of Lufthansa Cargo have been searched by prosecutors in connection with a bribery probe, a spokeswoman for the Frankfurt prosecutor's office has said. "Five people are being investigated, including a manager who is suspected of taking bribes," the spokeswoman said according to a Reuters report. Around 17 premises were searched including the Lufthansa Cargo headquarters, she added. A spokesman for Lufthansa Cargo said various offices had been searched in … [Read more...] about Lufthansa Cargo offices raided in bribery probe
