The Air France-KLM-Martinair Cargo group has said it is currently studying the future of its cargo business and the role of dedicated freighters within that business. The results of this study, expected to be announced by mid-July, cover anything from continuing with the status quo, to drastic action that could include exiting dedicated freighter operations altogether, the group’s senior cargo management said recently. Speaking at a press conference at Amsterdam Airport … [Read more...] about “All options” on the table for AF-KLM group
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“All options” on the table for AF-KLM group
The Air France-KLM-Martinair Cargo group has said it is currently studying the future of its cargo business and the role of dedicated freighters within that business. The results of this study, expected to be announced by mid-July, cover anything from continuing with the status quo, to drastic action that could include exiting dedicated freighter operations altogether, the group’s senior cargo management said recently. Speaking at a press conference at Amsterdam Airport … [Read more...] about “All options” on the table for AF-KLM group
Air China sees profits sink 32 per cent
Beijing-based Air China said net profit sank 32 per cent for the full year 2013 to 3.26 billion yuan (US$524.6 million) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry. Air China Cargo, in which Cathay Pacific Airways has a 49 per cent stake, continued to suffer from weak demand and overcapacity in the market, reporting losses of 349 million yuan for the period. Cargo yield dropped to 1.57 yuan from 1.69 … [Read more...] about Air China sees profits sink 32 per cent
ABC launches Dallas service, increases Chicago
Russia’s largest cargo carrier, AirBridgeCargo Airlines (ABC), is expanding its presence in the US market with the launch of B747-8F freighter flights linking Dallas/Fort Worth (DFW) with Amsterdam and Moscow. The new twice-weekly all-cargo flights from Dallas/Fort Worth will operate to Amsterdam Schiphol and Moscow’s Sheremetyevo airports. The airline, part of Volga-Dnepr Group, is also developing its current services to Chicago, introducing direct flights from Frankfurt. The new … [Read more...] about ABC launches Dallas service, increases Chicago
SIA Cargo traffic continues to slide in Feb
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
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
