The results of Transport Intelligence’s latest Global Logistics Business Confidence Index show a significant return of optimism to the market. Although the index weakened slightly in April from +1.05 to -4.43, there was far morepositive sentiment about the future. Overall the index assessing confidence in the state of the market in twelve months time moved from a score of -26 in February to +4 in April. This contrasts strongly with the results in February and March whenrespondents … [Read more...] about Logistics survey provides glimmer of hope
air cargo
Decline slows, but no recovery in sight: IATA
The International Air Transport Association (IATA) has released its international traffic data for April which shows air freight continuing at very weak levels. International cargo was down 21.7 per cent in Aprilcompared to previous year levels. This is the fifth consecutive month in the -20 per cent range. “This sideways progression may indicate that we have seen the worst of the economic downturn,†IATA said in a statement. “Business confidence is improving, but … [Read more...] about Decline slows, but no recovery in sight: IATA
Arms and aid: Air cargo taken to task
According to a report released by the Stockholm International Peace Research Institute (SIPRI), 90 per cent of the air cargo companies involved in arms trafficking to African countries have also been delivering humanitarian aid. “In some cases, air cargo companies are delivering both aid and weapons to the same conflict zones,†the report claimed. The report, titled ‘Air Transport and Destabilising Commodity Flows’, said air cargo carriers involved in … [Read more...] about Arms and aid: Air cargo taken to task
Turkish Airlines keeps growth firmly in its sights
The global recession seems to have had no impact on its operations – the airline carried 3.1 million passengers in the first two months of the year, a rise of 9 per cent from a year earlier and cargo too is up 3.4 per cent, emphasising just what the carrier’s CEO, Temel Kotil, had told PayloadAsia in Delhi, a few months ago. On the eve of launching the daily services from Delhi and Mumbai to Istanbul, Dr Kotil had said that there had been no reduction in the … [Read more...] about Turkish Airlines keeps growth firmly in its sights
Aeroflot expands China capacity with latest MD-11F
For most air cargo carriers, taking delivery of another aircraft in this current environment means an extra capacity burden and all the headaches that go with it. But for Russian cargo carrier Aeroflot Cargo, the addition of its latest MD-11 converted freighter has not been so much of problem in terms of filling it, but rather the poor yields that are an unfortunate feature of the market now. “We just increased our frequencies from Russia to China – Bejing and Hong Kong … [Read more...] about Aeroflot expands China capacity with latest MD-11F
Polet branches out into mainstream cargo
Heavy and outsized cargo carrier, Polet Airlines has announced it is entering the international regular cargo market by establishing a hub in Munich with fl ights serving key gateways throughout Europe and around the world. To accomplish this Polet has leased three IL-96-400T aircraft from Ilyushin Finance Co. which will begin commercial operations by third quarter 2009, Polet said. Th e carrier said it will also purchase three additional IL-96-400T aircraft in 2010-2011. According to … [Read more...] about Polet branches out into mainstream cargo
