British Airways World Cargo has reported commercial revenue - flown revenue plus fuel surcharges - of £175 million (US$273.3 million) for the first quarter of the financial year beginning April 2010. This represents an increase of 36.7 per cent against the same period last year. Excluding the impact of favourable exchange rate movements, commercial revenues were up 34.6 per cent. Volumes of 1.1 million cargo tonne kilometres (CTKs) for the quarter year represent an increase of 2.1 per cent … [Read more...] about BAWC sees increase in volume, yield and revenue
BAWC
BAWC gets 4Q boost and full-year profit
British Airways World Cargo (BAWC) has reported commercial revenue (flown revenue plus fuel surcharges) of £550.3 million (US$790 million) for the full year beginning April 2009. This represents a decrease of 18.2 per cent against the same period last year. Excluding the impact of favourable exchange rate movements, commercial revenues were down 26.1 per cent. Volumes of 4.5 million cargo tonne kilometres (CTKs) for the full year represent a decrease of 2.2 per cent versus the previous 12 … [Read more...] about BAWC gets 4Q boost and full-year profit
Revenue down 31% for BAWC in 1H
British Airways World Cargo (BAWC) has reported commercial revenue (flown revenue plus fuel surcharges) of £250.6 million for the first half of the financial year beginning 1 April 2009. This represents a decrease of 30.9 per cent against the same period last year, including a favourable exchange movement year-on-year, the carrier said. Volumes of 2,240 million cargo tonne kilometres (CTKs) for the half year represent a decrease of 8.1 per cent versus the same period last year, driven by an … [Read more...] about Revenue down 31% for BAWC in 1H
Outlook uncertain says BA
UK carrier British Airways says total traffic for the month of July was up one per cent, capacity was down 2.7 per cent from a year ago and passenger load factor was up 3.1 per cent compared to last year. The remaining northern summer holiday months are expected to help all European carriers’ loads and yields, but BA added that yields will be “under pressure from the year-on-year impact of lower fuel surcharges, exchange movements and mixâ€Â. BA’s cargo business … [Read more...] about Outlook uncertain says BA
BAWC adds second Chicago service
British Airways World Cargo (BAWC) has announced it is adding a second weekly freighter service to Chicago due to an increase in commercial demand. The new B747-400F service will double BAWC's weekly frequency to and from Chicago and will route Stansted-Frankfurt-Chicago-Atlanta. Other changes in British Airways' schedule from 1 April include new flights from Heathrow to the southern French city of Toulouse and Atlanta in the US. … [Read more...] about BAWC adds second Chicago service
BA World Cargo keeps Stansted freighter hub
British Airways World Cargo (BAWC) has chosen to continue operating its longhaul freighter programme 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 the … [Read more...] about BA World Cargo keeps Stansted freighter hub
