This year will be an “annus horribilis” for European airports after passenger traffic dropped 7.7 per cent year-on-year in December and freight plunged more than 21 per cent, the head of airports body ACI Europe said. “Talking to our members I get the feeling that January is going to be worse than December, and even November, which was down 8.2 percent,” ACI Europe Director General Olivier Jankovec told Reuters. “We have members with even a double-digit … [Read more...] about 2009 annus horribilis for European airports
Air Freight Logistics
China’s air industry needs talent and integrity
It is pleasing to note, and possibly accelerated by the openness to foreign journalists at the Olympic Games, that the Annual Report (2007/2008) from the civil aviation authority harshly reveals the ‘clean and honest’ reparable measures needed within China’s aviationindustry. The nearly 400-page bi-lingual report pulls no punches in the many references to anti-corruption in staff matters, and goes as far as stating that it will push forward the ‘rectifi cation of … [Read more...] about China’s air industry needs talent and integrity
UPS looks to the future with major Asia investments
In an interview with Payload Asia, UPS Asia Pacific president Derek Woodward noted the company had ridden out serious global calamitiesbefore and would again this time. “We’ve been in this business for 101 years and we’ve weathered depressions, wars and everything else, so we think we’re in good shape and when things rebound back we want to be in a position to take advantage of as many of the opportunities as possible,” he said. But this time is clearly … [Read more...] about UPS looks to the future with major Asia investments
EUROPE & CIS: Aeroflot interested in Czech Air
Aeroflot confirmed its interest in purchasing a stake in CSA Czech Airlines following the Czech government’s 5 February tender launch. It intends to sell 91.5 per cent of the national carrier in a two-round tender, but Aeroflot can only acquire a maximum of 49 per cent of the carrier because of Europeanregulations. … [Read more...] about EUROPE & CIS: Aeroflot interested in Czech Air
EUROPE & CIS: Volga-Dnepr volumes up 25%
The Volga-Dnepr Group, parent of both Volga-Dnepr Airlines and Air- BridgeCargo Airlines, has reported a 25 per cent rise in cargo tonnage for 2008 compared to a year earlier. The group transported 267,000 tonnes of cargo over the 12 months, while freight tonne kilometres (FTKs) rose 32 per cent to1,720,060 thousand FTKs. … [Read more...] about EUROPE & CIS: Volga-Dnepr volumes up 25%
EUROPE & CIS: BAWC volumes down 8.4% in Q3
The sharp downturn in the air cargo market from October last year has resulted in British Airways World Cargo’ (BAWC) volumes falling 8.4 per cent over the third quarter of 2008, compared to a year earlier. A “marked and growing deterioration in market conditions” began during the third quarter of the financial year ending 31 December 2008, said British Airway’s cargo division. “The turndown in market conditions since November has been unprecedented and we … [Read more...] about EUROPE & CIS: BAWC volumes down 8.4% in Q3
