There are serious security problems in international air cargo transportation and the controls around it, according to a recent report by the International Transfer Center for Logistics and theTechnische Universit of Berlin. The research, which was commissioned by the World Cargo Center GmbH in Frankfurt, surveyed third-party distribution companies and freight handlers that provide supply chain services about their security controls and perception of security risk. The report claims a … [Read more...] about EUROPE & CIS: Euro air cargo security lacking, study says
EUROPE & CIS: Two per cent global fleet expansion in June
The global airline fleet expanded by about two per cent in June, thanks to new plane deliveries and a largerthan- expected number of aircraft being taken out of storage, according to the International Air Transport Association (IATA). IATA estimates a net 68 aircraft were taken out of storage in June, the highest monthly net total in at least a year. There also were 124 new aircraft delivered in the month, the highest number since December 2008. … [Read more...] about EUROPE & CIS: Two per cent global fleet expansion in June
EUROPE & CIS: European air cargo falls 20.7% in June
European airlines saw their cargo volumes fell 20.7 per cent in June compared to last year, according to the Association of European Airlines (AEA). The association also noted an accelerating decline in European air trade with Asia Far East and Australasia, with traffic falling 24.9 per cent compared to a year ago. Freight traffic for the first six months this year was down 22.1 per cent for the European airlines, including a 27.1 per cent drop in Asia trade compared to the first half of … [Read more...] about EUROPE & CIS: European air cargo falls 20.7% in June
EUROPE & CIS: New Americas, Europe services for Lufthansa
Lufthansa Cargo has added a range of destinations in the US and southern Europe to its network including Athens, Greece with a once-weekly flight using an MD-11F. From there, it will fly via Mumbai to Hong Kong. In addition, the routing Frankfurt-Istanbul-Frankfurt will be served five times a week utilising a 40-tonne capacity A300F freighter with an additional stopover in Athens oncea week. From 20 August, Lufthansa will launch twice-weekly flights out of Frankfurt to Seattle en-route to … [Read more...] about EUROPE & CIS: New Americas, Europe services for Lufthansa
EUROPE & CIS: Euro PC shipments down 3.3% in Q2
A key indicator of how express, logistics and air cargo freight markets are performing are global personal computer shipments with technology consultancy, the Gartner group estimating that in the second quarter of 2009 PC shipments in Western Europe totalled 13.3 million units, a 3.3 per cent decline from the same period in 2008. All three major markets – the UK, France and Germany – saw negative growth and Gartner believes that the decline is set to continue for the … [Read more...] about EUROPE & CIS: Euro PC shipments down 3.3% in Q2
EUROPE & CIS: Collapse in yields, Luft Cargo loses US$87M
Lufthansa Cargo swung to a US$87 million operating loss in the second quarter from a $95 million profit a year ago amid a “severe†slump in revenue. Lufthansa Cargo’s revenue in the three months to 30 June fell nearly 40 per cent to $626 million from just over $1 billion a year ago as traffic slumped 16.9 per cent to 366,000 tonnes from 441,000 tonnes. The situation was better in July with only a 4.8 per cent decline for the month year on year, with the carrier … [Read more...] about EUROPE & CIS: Collapse in yields, Luft Cargo loses US$87M
