A key indicator of how express, logistics and air cargo freight markets are performing are global personal computer shipments with technology consultancy, the Gartner group estimating that in the second quarter of 2009 PC shipments in Western Europe totalled 13.3 million units, a 3.3 per cent decline from the same period in 2008. All three major markets – the UK, France and Germany – saw negative growth and Gartner believes that the decline is set to continue for the … [Read more...] about EUROPE & CIS: Euro PC shipments down 3.3% in Q2
air freight
EUROPE & CIS: Collapse in yields, Luft Cargo loses US$87M
Lufthansa Cargo swung to a US$87 million operating loss in the second quarter from a $95 million profit a year ago amid a “severe†slump in revenue. Lufthansa Cargo’s revenue in the three months to 30 June fell nearly 40 per cent to $626 million from just over $1 billion a year ago as traffic slumped 16.9 per cent to 366,000 tonnes from 441,000 tonnes. The situation was better in July with only a 4.8 per cent decline for the month year on year, with the carrier … [Read more...] about EUROPE & CIS: Collapse in yields, Luft Cargo loses US$87M
EUROPS & CIS: Branson urges US to deny BA-American coop
Richard Branson has called on the US government to deny British Airways’ request for greater commercial cooperation, including agreement on ticket schedules and prices, with American Airlines. It is one year since British Airways applied to regulators for anti-trust immunity, which would in effect allow it to dominate Heathrow Airport. According to Branson, BA wants the “global aviation regulatory system to be applied solely in his interestsâ€Â. It is already … [Read more...] about EUROPS & CIS: Branson urges US to deny BA-American coop
INDIA: Jet Airways launches inaugural Riyadh service
Jet Airways has launched its inaugural service to Riyadh, the capital and largest city of the Kingdom of Saudi Arabia, from the Indian financial capital of Mumbai complementing the airline’s existing daily Mumbai-Jeddah service. The airline offers four services a week on the Mumbai-Riyadh-Mumbai sectors utilising B737-800 aircraft. With the introduction of this new flight, Jet Airways now flies to eight cities in the Gulf, including Kuwait, Bahrain, Muscat, Doha, Dubai, Abu Dhabi, … [Read more...] about INDIA: Jet Airways launches inaugural Riyadh service
INDIA: Emirates boosts African presence
Dubai-based Emirates Airline is expanding its footprint in Africa with new services to South Africa and Angola. Starting from 1 October and 25 October respectively, Emirates will begin services via Dubai to Durban in South Africa with an A330-200 and Luanda in Angola utilising B777-300ERaircraft. Tim Clark, president, Emirates Airline, said the carrier has seen strong growth in Africa of 17 per cent. “Now, with Luanda and Durban starting in October, this is going to be another very … [Read more...] about INDIA: Emirates boosts African presence
THAILAND: ‘Merchant of Death’ extradition rejected
Thailand’s government has said it will appeal against a Thai court’s decision rejecting a US request for the extradition of Russian alleged arms dealer Viktor Bout. Bout, who has been dubbed the “Merchant of Deathâ€Â, has been fighting extradition since his March 2008 arrest in Bangkok while allegedly agreeing to supply missiles to Colombian rebels via his air cargo business. A Bangkok court on Tuesday said that it did not have the authority to order the … [Read more...] about THAILAND: ‘Merchant of Death’ extradition rejected
