The global downturn is also causing many pundits to question the need for a third runway, which was agreed in principle by the current UK government in 2003, providing strict environmental criteria were met. A green light for the project is in theory due before the end of the year, but the government is likely to see few votes in supporting the plan. The opposition party have said 63,200 flights a year could be replaced by a high speed railway line from London to the north of the UK, as well … [Read more...] about Hopes fade for new London runway
air freighter
Aerologic launch not likely before end of 2009
The cargo airline, a joint venture between the German carrier and DHL, was supposed to get its first two 777-200LRFs in the second quarter of next year, with two more following in the fourth quarter. A date of April 2009 was originally mooted for the start of operations. But Dr Andreas Otto, Lufthansa Cargo’s executive board member for product and sales, says it is still discussing with Boeing when the first freighters will be delivered, with delays of at least “a few weeks” … [Read more...] about Aerologic launch not likely before end of 2009
Lufthansa confident in face of the downturn
Pointing out that it was second in the IATA cargo airline rankings in 2007 – or third, if the combined operations of Air France and KLM are counted as one – Dr Andreas Otto, executive board member product and sales for Lufthansa Cargo nevertheless confidently predicts that it will regainthe number one spot by 2010. He points out that the Asian carriers such as Korean Air, Singapore Airlines and Cathay Pacific that have been rivalling Lufthansa for the top slot in recent years have … [Read more...] about Lufthansa confident in face of the downturn
Blue Dart stays on target
“We’re a very prudent organisation,” explains Tulsi Nowlakha Mirchandaney, managing director of Blue Dart Aviation – the group’s air express division – in an interview with Payload Asia. “We don’t just jump into situations which I think is why we have ensuredsustainability over the years.” As India’s leading domestic express and air freight company with a 42 per cent market share in India’s domestic logistics market, it’s … [Read more...] about Blue Dart stays on target
DHL remains committed to India investments
India will be among the first few countries to bounce back from the ongoing economic downturn, on the back of its growing domestic consumer population and strong economic fundamentals, said a senior DHL executive at the recent launch of the DHL-Blue Dart air sidefacility in Bangalore. “Unfortunately India has not been spared from the global slowdown, and will India be among the first few countries to bounce back? Yes, I believe India will bounce back very fast, because of domestic … [Read more...] about DHL remains committed to India investments
Asia-Pac hit hard
With 45 per cent of the global cargo market, the region’s carriers will be disproportionately impacted by the expected 5 per cent drop in global cargo markets next year, IATA said. The region’s largest market – Japan – is already in recession and its two main growth markets – China and India – are expected to deliver a major shift in performance. Chinese growth will slow as a result of the drop-off in exports while India’s carriers, which are already … [Read more...] about Asia-Pac hit hard
