The International Air Transport Association (IATA) has announced that January 2010 demand for international scheduled air traffic showed continuing improvement, with international cargo demand up 28.3 per cent with only a 3.7 per cent increase in capacity. This pushed the cargo load factor to 49.6 per cent, a significant change from the 40.1 per cent recorded in January 2009. There are large geographical differences in the improvements. The strongest upturns have been seen in markets where … [Read more...] about IATA: January volumes continue upward trend
airways cargo
China’s cargo figures up 68% in Feb
Official Chinese figures say China's cargo and mail throughput was 450,726 tonnes in February, up 68.2 per cent year-on-year, while air passenger traffic increased about 18 per cent year-on-year in the first two months of 2010 and by 59 per cent in February alone. … [Read more...] about China’s cargo figures up 68% in Feb
Gopinath initiates price war in India
Air Deccan founder GR Gopinath is replicating his low-fare model in his new express logistics venture. Taking rival Blue Dart head on, Gopinath has kept tariffs 10-15 per cent lower than the market leader. “We are selling our product on expansion network, besides distributing cargo at 10-15 per cent cheaper compared with rivals,†Mr Gopinath, who has started his express logistics venture Deccan 360, told the Economic Times. Deccan 360 is currently operating with a fleet of seven … [Read more...] about Gopinath initiates price war in India
NYK/JAL negotiations end, JAL may exit cargo
Nippon Yusen Kabushiki Kaisha (NYK) and Japan Airlines International (JAL) have officially ended negotiations around a possible merger of the cargo businesses of JAL and NYK's subsidiary, Nippon Cargo Airlines (NCA). The negotiations involved the restructuring and the feasibility of a potential merger of the cargo business of JAL and NCA. Both parties said they have reached an amicable conclusion to end the negotiations because the structure of the merger could not be organised within the scope … [Read more...] about NYK/JAL negotiations end, JAL may exit cargo
Transaero launches Moscow-Beijing service
Transaero Airlines will launch regular twice-weekly flights from Moscow, Domodedovo International Airport to Beijing from 4 June. Flight operations between the Russian and Chinese capitals will utilise Boeing 747-400 aircraft. Transaero has operated regular flights to Hainan’s capital, Sanya since 2005. … [Read more...] about Transaero launches Moscow-Beijing service
Lufthansa reports 2009 net loss of US$151 million
Lufthansa has reported a net loss of US$151 million in 2009, but said it achieved its goal of an operating profit. The loss, which followed a $732 million profit in 2008, was largely the result of sharply lower cargo volumes and a decline in higher paying premium passengers. Operating profit plunged 90 per cent to a better-than-expected $175.5 million from $1.76 billion a year ago on revenue down 10 per cent at $30.1 billion. Lufthansa is currently in negotiations with the pilots' trade union … [Read more...] about Lufthansa reports 2009 net loss of US$151 million
