Scandinavian carrier SAS Cargo's annual result for 2007 was aff ected by "hard competition in key markets" resulting in a drop in profi ts compared with a year earlier. Turnover for the year was SEK 3,355m (€363m) while profi t came in at SEK 22m (€2.4m). "The air cargo industry has experienced some big changes in recent years, with consolidation among customers and over capacity in key markets," said Kenneth Marx, president and chief executive offi cer of SAS … [Read more...] about EUROPE & CIS: "Hard competition" dampens SAS results
Air & Cargo Services
EUROPE & CIS: KLM takes delivery of first 777-300ER
The Boeing Company and KLM Royal Dutch Airlines recently celebrated the delivery of the airline's first 777-300ER (Extended Range). The aircraft joined KLM's fleet of 15 Boeing 777-200ERs when it arrived at Amsterdam Schiphol airport in mid-February. The fuel-efficient 777-300ER is the world's largest long-range twin-engine airplane. In KLM's configuration, the airplane is capable of carrying 425 passengers in a two-class configuration with a maximum range of 14,685 kilometres (7,930 … [Read more...] about EUROPE & CIS: KLM takes delivery of first 777-300ER
EUROPE & CIS: BA Cargo cautious about coming months
British Airways World Cargo managed to stabilise its overall yield in the third quarter of its financial year (October-December 2007) with an average load factor up by 2.8 percentage points compared to the same quarter of 2006, the carrier said without giving actual figures. BA World Cargo managing director Steve Gunning said he is cautious about prospects for the rest of this year. "Our yields are holding at the moment but it is still early days. Price pressures continue to exist in … [Read more...] about EUROPE & CIS: BA Cargo cautious about coming months
EUROPE & CIS: Alenia says its not part of 787 problem
Alenia Aeronautica has said it is meeting its commitments as a supplier for the Boeing 787 and not contributing to delays, after Boeing announced further delays to the Dreamliner programme as a result of its various suppliers around the world being unable to meet their delivery targets. The Italian company delivers complete composite fuselage sections to Global Aeronautica, its joint venture with Vought in the US, which subsequently adds components to the structures before shipping them to … [Read more...] about EUROPE & CIS: Alenia says its not part of 787 problem
EUROPE & CIS: New Siberian hub for Volga-Dnepr
Volga-Dnepr and KrasAir have opened a new cargo terminal at Yemelyanovo Airport in Krasnoyarsk, the third largest city in Siberia. The new terminal will facilitate the growth of AirBridgeCargo (a part of Volga- Dnepr Group) at Krasnoyarsk with up to 40 flights a week, including services from Asia to the US and Canada from the airport. AirBridgeCargo currently operates 20 flights from Krasnoyarsk, connecting Frankfurt, Amsterdam, Shanghai, Hong Kong, Beijing, Tokyo while domestic routes are … [Read more...] about EUROPE & CIS: New Siberian hub for Volga-Dnepr
EUROPE & CIS: More ATP freighters for Atlantic
UK freight carrier Atlantic Airlines has signed agreements with BAE Systems Regional Aircraft for the long-term lease of a further six ATP Freighters. The addition of the six leased ATPFs will bring the airline's operational fleet of this 8-tonne freighter aircraft type to eleven. The first two leased aircraft (msn 2012 and 2013) were delivered in the last quarter of 2007 to Atlantic Airlines' engineering facility at Coventry Airport, following conversion into a Large Freight Door (LFD) … [Read more...] about EUROPE & CIS: More ATP freighters for Atlantic
