Preliminary traffic figures for the month of June released by the Association of Asia Pacific Airlines (AAPA) confirmed softening air cargo markets while international passenger demand continued to grow. The recent moderation in air cargo markets extended into the month of June, with demand in freight tonne kilometre (FTK) terms registering a slight 0.5 per cent decline compared to the same month last year. With offered freight capacity increasing by 2.5 per cent for the month, the average … [Read more...] about Cargo growth remains flat: AAPA
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Yields down as much as -41% since 2008: WorldACD
With the topic of yields dominating any discussion about the current business environment, WorldACD has clearly demonstrated the dismal state of affairs through a comparison of USD-yields between June 2008 and June 2015, with not one single market showing a yield increase over that period. The good news first: North America to Asia Pacific saw the smallest yield decline at only -9 per cent. This contrasts with all of the other markets that saw decreases ranging from -22 per cent (Middle East … [Read more...] about Yields down as much as -41% since 2008: WorldACD
Liège Airport flying high
Certainly the situation for the, ‘almost’ all-freighter cargo airport, has possibly never looked better. The ‘almost’ is the result of a curious event that occurred earlier this year, putting a new, albeit minor, spin on Liège Airport’s business – the formerly all-freighter cargo airport took on a belly dimension. “We’ve always been 100 per cent freighter and zero per cent belly and now it’s going to move to 99 per cent freighter and 1 per cent belly,” Steven Verhasselt, business development … [Read more...] about Liège Airport flying high
Integrators not changing course on hunting trophies
The shipment of big game hunting trophies is still acceptable to UPS and FedEx with a UPS spokeswoman telling The Washington Post that the global shipping giant follows US and international laws, not public opinion, in determining what it will and won’t ship. The issue came to the fore after the recent killing of one of Africa’s most iconic lions known as Cecil. The GPS-tagged lion which was part of a research study was was killed in Zimbabwe by American big-game hunter. The news went viral … [Read more...] about Integrators not changing course on hunting trophies
DHL Express opens new Melbourne facility
DHL has opened its new DHL Express Melbourne Gateway facility to better support regional businesses operating in and out of Australia. The new facility, in line with DHL Express’ global investments to bolster the company’s network connectivity, boasts a total investment of A$20 million (€14 million), the largest infrastructural amount invested by DHL Express in Australia. Strategically located at Melbourne Airport, the DHL facility is the only express logistics company with airside access, … [Read more...] about DHL Express opens new Melbourne facility
FedEx’s acquisition of TNT enters Phase II
FedEx Corp. has confirmed today that the European Commission has initiated a Phase II review in connection with FedEx’s intended public offer to acquire all the issued and outstanding shares of TNT Express N.V. This is the next step in the process where the European Commission conducts an in-depth analysis under the EU Merger Regulation before coming to a decision. “We will continue to work together with TNT Express to meet the European Commission’s need for additional due diligence … [Read more...] about FedEx’s acquisition of TNT enters Phase II
