The enormity of crisis last year is by now well-known to industry players. International Air Transport Association (IATA) figures show the industry ending 2009 with cargo in a fullyear decline of 10.1 per cent – the largest ever post-war decline – with an average load factor of just 49.1 per cent. “We are ending an Annus Horribilis that brings to a close the 10 challenging years of an aviation Decennis Horribilis. Between 2000 and 2009, airlines lost US$49.1 … [Read more...] about On the wings of a recovering market
Air Cargo Asia
EUROPE & CIS: Lufthansa returns to Iraq with Baghdad and Erbil
German carrier Lufthansa is the first large European airline in two decades to offer flights to Baghdad. Lufthansa said that a combination of eased security issues within the country combined with high demand has prompted it to offer passenger service from Frankfurt and Munich to the Iraqi capital, as well as the northern city of Erbil this summer. It’s not the first time flying to Iraq for Lufthansa, which first began flights to Baghdad in 1956, but stopped operating these in … [Read more...] about EUROPE & CIS: Lufthansa returns to Iraq with Baghdad and Erbil
EUROPE & CIS: Airbus posts record aircraft deliveries for 2009
Airbus recently announced a full-year 2009 delivery record of 498 aircraft, an increase of 15 aircraft from 2008 and included just over 400 aircraft from the A320 family along with 86 A330s/A340s and 10 A380s (compared to the 18 it expected to deliver). The airframer also reported a gross order intake for the year of 310 aircraft, worth a total of US$34.9 billion but cancellations reduced the net to 271 planes valued at $30.3 billion, compared to 777 in 2008. Airbus also said it’s … [Read more...] about EUROPE & CIS: Airbus posts record aircraft deliveries for 2009
EUROPE & CIS: AeroLogic expands network with new 777Fs
EUROPE & CIS: AeroLogic expands network with new 777Fs AeroLogic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, is expanding its network, following delivery of two additional 777 freighters last month. The company has begun daily flights from Leipzig to Hong Kong, four of them non-stop, as well as weekend flights from Frankfurt to Atlanta and Chicago during the current winter schedule. “Demand for Europe to Asia and Europe to US remains stable, despite the … [Read more...] about EUROPE & CIS: AeroLogic expands network with new 777Fs
EUROPE & CIS: IATA, US hold summit on aviation security coop
The International Air Transport Association (IATA) emphasised the importance of engaging the industry on security issues in a meeting with the US Department of Homeland Security (DHS) in January. IATA director general and CEO Giovanni Bisignani hosted a summit at IATA’s headquarters in Geneva which included DHS Secretary Janet Napolitano, the secretary general of the International Civil Aviation Organization (ICAO), top executives from 25 airlines, as well as participants from the US … [Read more...] about EUROPE & CIS: IATA, US hold summit on aviation security coop
EUROPE & CIS: Virgin’s cancellations clears A340 order book
Virgin Atlantic Airways has canceled its outstanding order for six A340-600s, according to Airbus’ orders and deliveries list, which follows confirmation in December of its commitment for six purchased and four leased A330-300s. Virgin currently operates 19 A340s and with this recent cancellation means there are no A340s left in Airbus’ order book. … [Read more...] about EUROPE & CIS: Virgin’s cancellations clears A340 order book