Speaking at a press conference at Amsterdam Airport Schiphol in mid-April, executive VP Cargo, Eric Varwijk, said that “times have radically changed” in the air cargo sector. He believes these changes are structural requiring not short term fixes, but a long term strategic view as a result of the ongoing flood of widebody passenger belly capacity in the industry that is rendering maindeck capacity not just surplus, but highly unprofitable. “What we see that this moment is that … [Read more...] about “All options” on the table for AF-KLM group
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Cathay’s billion dollar terminal gambit
The cargo carrier – with its Dragonair arm, 60 per cent share in Air Hong Kong and 40 per cent stake in Air China Cargo – is now the proud owner/operator of a very large (2.6 million tonnes annual capacity), very innovative and technologically advanced cargo terminal that has been phased, near flawlessly, into full operations from last October. With the intention of not only boosting the carrier’s value proposition, but attracting other carrier customers, the increasingly firm … [Read more...] about Cathay’s billion dollar terminal gambit
I ata know better!
I ata know better! This edition of Belly Ache will surely strike a familiar chord for many of you, as we’re quite sure, like us, you’re all used to receiving those absurdly obvious scam emails about so-and-so’s uncle who was an ex-general in Nigeria, or Uganda, or somewhere and rather inconveniently died leaving millions of dollars, or gold and gems stuck in a bank somewhere. And guess what – if you just send US$10,000 so that the Generalissimo’s niece can do the … [Read more...] about I ata know better!
FedEx’s Smith warns on future of air cargo
Delivering a stark view of the future of the airport-to-airport segment of the air cargo industry which faces a difficult macroeconomic climate, “gnawing” competition from both ocean freight and the express sector, along with a crippling rise of protectionism around the globe, he warned that the future is “unlikely to be analogous to the industry’s ‘Golden Age’ of the 1990s and early 21st century.” “All of us may wish for a return of the halcyon … [Read more...] about FedEx’s Smith warns on future of air cargo
ACC3: Are you ready?
This commitment the carriers made, comprised a raft of promises that in effect said the signatories were good operators, doing a good job, to a good standard and would not accept cargo that was not safe or secure, nor would they accept cargo of which they were not aware of what it was, where it originated and how it was treated from a security perspective. But far more than simple a ‘gentleman’s agreement’ the carriers agreed to a timeline specifying that by 1 July 2014 they … [Read more...] about ACC3: Are you ready?
The mystery of MH370
The ever more complicated and deepening mystery surrounding the missing Malaysia Airways flight MH370 continues to grip the world – in equal parts empathy and morbid fascination – as the search now, having shifted yet again, focuses on the South Indian Ocean. At the time of writing the search for debris far off the coast of Western Australia continues. It may seem odd to be writing about a missing passenger aircraft in this magazine, but this is firstly no ordinary circumstance and … [Read more...] about The mystery of MH370
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