Ulrich Ogiermann, president and CEO of Cargolux Airlines International, has been elected as the new chairman of The International Air Cargo Association (TIACA). Ogiermann was formerly vice chairman of the Association during the two-year chairmanship of Jack Boisen, retired VP Cargo for Continental Airlines, who completed his term of office at TIACA’s AGM last week in Vancouver, Canada. TIACA members have also elected a new vice chairman; Michael Steen, chief marketing officer of Atlas … [Read more...] about Ogiermann elected new chairman of TIACA
Carriers
Royal Jordanian sees Q1 net loss
A decline in passenger numbers, cargo volumes and the problems in the Gaza Strip have all conspired to push Royal Jordanian into a net loss of US$12 million in the first quarter of 2009, compared to $6.2 million in the same period last year. Freight volumes dropped by 32 per cent in the first quarter, year-on-year and the carrier noted that passenger and cargo numbers had fallen as a result of the events in Gaza during January. . Royal Jordanian saw an 11 per cent decline in revenues during the … [Read more...] about Royal Jordanian sees Q1 net loss
TNT reports 58% slide in Q1 net profit
Netherlands-based TNT has reported a 58 per cent fall in first-quarter net profit on the back of shrinking volumes at its express and mail units, saying the situation was expected to continue through the rest of 2009. TNT chief executive Peter Bakker said trading conditions in the first quarter "continued the trend we saw at the end of 2008 and the beginning of this year", adding that these are "to persist through the rest of the year". Net profit fell to €76 million from € 179 … [Read more...] about TNT reports 58% slide in Q1 net profit
New Abu Dhabi services for Air India Express
Air India Express, the low-cost airline of the Indian national carrier Air India, has launched two new services from Abu Dhabi to Chennai and Tiruchirapally and has also increased the number of fights to Kochi to six per week from five per week. Air India Express initiated the Chennai and Tiruchirapally services using Boeing 737-800 aircraft twice a week. … [Read more...] about New Abu Dhabi services for Air India Express
Korean Air extends China network
Korean Air has announced it will add two non-stop services to China from Incheon International Airport in Seoul, beginning 27 May. This will bring Korean Air's services between Incheon International Airport, Seoul, and Xi’an, a western city in China to five flights per week using a Boeing 737-800 aircraft. Another new destination being added is Mudanjiang, a northeastern city in China, which the carrier will fly three times per week 2 June, also using a B737-800. The addition of … [Read more...] about Korean Air extends China network
Martinair exec latest to face jail over price-fixing
A Dutch executive with Martinair will serve eight months in jail and pay a US$20,000 fine for his part in an international air cargo price-fixing conspiracy, the US Justice Department said. Franciscus Johannes de Jong, aka Frank de Jong, formerly the vice president of cargo sales in Europe, agreed to plead guilty to fixing air cargo rates as part of a global conspiracy that ran from 2002 to 2006, the Justice Department said. De Jong and his co-conspirators "engaged in a conspiracy to fix the … [Read more...] about Martinair exec latest to face jail over price-fixing