Britain’s Competition Commission has ruled that BAA must sell three of its airports - Gatwick, Stansted and either Edinburgh or Glasgow – within two years. The ruling is a result of its market inquiry in which it found adverse effects from competition problems for both passengers and carriers at all seven of BAA’s UK airports. Inquiry chairman Christopher Clarke says the commission could find no alternative except divestiture to the “complete absence of … [Read more...] about BAA forced to sell three UK airports
air cargo
BA World Cargo keeps Stansted freighter hub
British Airways World Cargo (BAWC) has chosen to continue operating its longhaul freighter network from London Stansted, following a tender process, which saw BAWC evaluate what it said were a number of options, including a possible relocation to Kent International Airport. “After careful evaluation and taking into account a number of factors including the need to provide the best product for our customers, cost effectiveness, service quality and speed of connection, Stansted remains … [Read more...] about BA World Cargo keeps Stansted freighter hub
Germany drops ATC privatisation bid
Germany is set to drop plans to privatise state-owned air traffic control firm Deutsche Flugsicherung (DFS),Reuters reported. Quoting the weekly German news magazine Der Spiegel, the report said the German cabinet would formally abandon the bid, which had already been blocked by President Horst Koehler in 2006. Koehler angered Chancellor Angela Merkel’s government by refusing to sign a law that would have enabled the sale of 74.9 per cent of DFS, arguing the move was … [Read more...] about Germany drops ATC privatisation bid
China Air Cargo Supplement for May issue
Not long ago China was the economic engine of the global economy and the powerhouse driving the air cargo industry. But impacted by the global economic crisis, China too has felt the severe impact of the recession with the World Bank’s projection for China’s GDP growth recently lowered to 6.5 per cent from 7.5 per cent. China’s exports declined 25.7 per cent year-on-year in February, the fourth straight monthly decline, according to China’s General … [Read more...] about China Air Cargo Supplement for May issue
Asian cargo carriers doing best they can
While cargo volumes were softening in the first half of last year, the dramatic plunge in the second half – particularly in December – still came as a rude shock, said Andrew Herdman, director general of AAPA, in an interview with Payload Asia. “Our carriers represent a third of global FTKs, but I think it took people awhile to recognise that Asia would be as dramatically affected, if not more so than other regions of the world,†said Herdman. “Even … [Read more...] about Asian cargo carriers doing best they can
DB Schenker invests for the future
“Fundamentally we’re still upbeatabout the business in Asia,†saidSchenker’s Asia Pacific CEO,Steve Dearnley. “We’re in a downturn,there’s no doubt about it, but I’ve beenhere for 30 years we’ve been throughdownturns before, albeit not of thismagnitude. But Asia is resilient and itwill come back.†And looking at prior trends, airfreightis always a very good leading indicator ofthe economy and the first … [Read more...] about DB Schenker invests for the future
