Air France Cargo and KLM Cargo have announced the integration of their commercial activities in the US, effective 1 October as a result of US regulators lifting anti-trust restrictions that had previously prevented such an integration. This integration will result in integrated commercial teams under a joint management coordinated with Delta Cargo within the Air France-KLM-Delta financial joint venture on North Atlantic routes. … [Read more...] about US anti-trust restrictions lifted for AF-KLM
cargo
"Brutal" cargo market, but AF-KLM cargo stabilising
The head of Air France-KLM said last week that Europe’s biggest airline is considering part-time jobs or temporary layoffs to combat the “brutal†situation in cargo and passenger demand. "Air France-KLM must remain competitive. I haven't excluded temporary lay-offs. We will watch very closely. These measures should allow us to avoid affecting employment," he said. “We don’t see the slightest bright spot. The reduction in demand in cargo is brutal,†… [Read more...] about "Brutal" cargo market, but AF-KLM cargo stabilising
Cargo decline slows in June at Frankfurt
Europe’s busiest air cargo hub, Frankfurt airport, has reported a slowing decline in cargo traffic in June. Frankfurt handled 148,211 tonnes of cargo in June, a 16.5 per cent drop from a year earlier that followed year-on-year declines of 17.1 per cent and 24.9 per cent in May and April respectively. The improved June figure still left cargo volumes in the first half of the year 21.4 per cent down on the same period in 2008 at 822,469 tonnes compared with 1.05 million tonnes a year … [Read more...] about Cargo decline slows in June at Frankfurt
“Brutal” cargo market, but AF-KLM cargo stabilising
The head of Air France-KLM said last week that Europe’s biggest airline is considering part-time jobs or temporary layoffs to combat the “brutal†situation in cargo and passenger demand. "Air France-KLM must remain competitive. I haven't excluded temporary lay-offs. We will watch very closely. These measures should allow us to avoid affecting employment," he said. “We don’t see the slightest bright spot. The reduction in demand in cargo is brutal,†… [Read more...] about “Brutal” cargo market, but AF-KLM cargo stabilising
Heathrow sees June cargo improvement
London Heathrow reported a drop in cargo traffic of 14.5 per cent in June from a year ago to 103,400 tonnes, an improvement on the 19.2 per cent drop in May. London Stansted, similarly reported a traffic drop of 14.8 per cent in June to 15,271 tonnes, a slight improvement on the 15.4 per cent decline in May. London Gatwick’s plummeting cargo volumes accelerated to -32.7 per cent for a total of 5,169 tonnes from a 21.5 per cent decline in May. Gatwick is set to lose further market … [Read more...] about Heathrow sees June cargo improvement
BAA cargo dives 21 per cent in Feb
Britain's largest airports group suffered a saw cargo traffic plunge more than 20 per cent in February. BAA, which operates seven UK airports, including Heathrow, Gatwick, Stansted, Edinburgh and Glasgow, said that its total UK cargo volumes had fallen by 21.4 per cent during February compared with the same month a year ago to 119,984 tonnes. The decline varied according to airport, with Gatwick reporting a 57 per cent decline in cargo traffic to 6,000 tonnes, while Heathrow, the UK's biggest … [Read more...] about BAA cargo dives 21 per cent in Feb