BAWC reduces fuel surcharge British Airways World Cargo has announced a reduction to its fuel surcharge. The surcharge will be £0.37 / US$0.55 / €0.55, with effect from 23 February 2009. Gareth Sinclair, head of revenue management, British Airways World Cargo, said: ¡°As a result of further decreases in fuel prices we are reducing the fuel surcharge, in line with our index.¡± … [Read more...] about BAWC reduces fuel surcharge
BAWC
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 have yet to see it level out," said … [Read more...] about BAWC volumes down 8.4% in Q3