Lufthansa has threatened to close its fleet of freighter aircraft if restrictions on night flights are imposed on its hub at Frankfurt. Carsten Spohr, the CEO of Lufthansa Cargo was quoted by Reuter's last week as saying that it might no longer pay to have its own cargo fleet. “Everything that goes toward a single-digit number (of flights allowed per night) would mean that it no longer pays off to have our own cargo fleet," he said according to the report. His comments come after a recent … [Read more...] about Lufthansa threatens to dump freighter fleet
Airports
HONG KONG: Hong Kong air cargo decline moderates
Cargo tonnage at Hong Kong’s Asia Airfreight Terminal (AAT), pictured above, was down 20 per cent in July year-on-year, while the larger Hong Kong AirCargo Terminals was down 8.4 per cent. Hong Kong Air Cargo Terminals Limited (Hactl) has announced it handled a total of 201,157 tonnes of cargo in July, representing an improved year-on-year decline of 8.4 per cent compared with that in previous months. Cumulative tonnage from January to July was 1.2 million tonnes, down 19.6 per … [Read more...] about HONG KONG: Hong Kong air cargo decline moderates
The Payload interview
For those who know Nol van Fenema and really, after nearly 26 years in the air cargo industry there aren’t many who don’t know him, this is classic Nol. Confident, yet not entirely overbearing with that ever-present, quick, dry wit with only an occasional hint of sarcasm, the Dutchman has endeared himself to an industry which he came to in 1983 bereft of any substantive cargo knowledge. goes back half a dozen years, first bumping into him at various press conferences … [Read more...] about The Payload interview
Changi Airport gets new perishables centre
Singapore Airport Terminal Services Limited (SATS) has announced plans to launch Coolport @ Changi, Singapore’s first on-airport perishables handling centre, in the first quarter of 2010. To be built at a cost of S$12 million (US$8.23 million), Coolport @ Changi will handle terminal and transit perishables cargo within the Free Trade Zone and will have multi-tiered zones, with different temperatures ranging from -28°C to 18°C, to handle a wide range of commodities such as … [Read more...] about Changi Airport gets new perishables centre
Changi Airport gets new perishables centre
Singapore Airport Terminal Services Limited (SATS) has announced plans to launch Coolport @ Changi, Singapore’s first on-airport perishables handling centre, in the first quarter of 2010. To be built at a cost of S$12 million (US$8.23 million), Coolport @ Changi will handle terminal and transit perishables cargo within the Free Trade Zone and will have multi-tiered zones, with diff erent temperatures ranging from -28°C to 18°C, to handle a wide range of commodities such as … [Read more...] about Changi Airport gets new perishables centre
SATS profits even as aviation business down
Singapore Airports Terminal Services (SATS) has reported a 17 per cent rise in first quarter net profits, even though its aviation business has continued to flounder in line with the global economicdownturn. The ground-handling firm says that its net profit for the three months ended 30 June increased by S$5.9 million (US$4.1 million) to S$40.4 million, buoyed by a 44 per cent increase in group revenues to S$351.7 million. However, the Singapore Airlines subsidiary says that the revenues … [Read more...] about SATS profits even as aviation business down