Alaska Airlines posted fourth-quarter profits aided by the success of their cargo fleet and an increase in mail. For the first time ever, Alaska Airlines cargo surpassed US$100 million in revenue from airfreight and mail as the group posted a fourth-quarter net profit for 2008 of US$16.4 million, compared to a net loss of US$17.9 million in the fourth quarter of 2007. … [Read more...] about Alaska Air cargo defies downturn
cargo
Hong Kong cargo drops 29% in Jan
Air cargo through Hong Kong's airport dropped 28.9 per cent year-on-year in January to 210,000 tonnes, according to recent figures released by the airport authority. Almost all major markets experienced a double-digit decline during the month. While imports from Japan, Europe and Southeast Asia dropped most significantly, exports to Europe, North America and Taiwan showed the biggest dip. Transshipments to and from Taiwan, the Mainland and Southeast Asia were also hit. From February 2008 to … [Read more...] about Hong Kong cargo drops 29% in Jan
SkyCargo grows cargo capacity by 17%
Fueled by existing orders for new aircraft, Dubai's Emirates SkyCargo will grow the number of flights across its network by 14 per cent this year and increase cargo capacity by 17 per cent. Weekly cargo capacity will increase by approximately four per cent to Australia, 10 per cent to Europe, 17 per cent to the Middle East, 15 per cent to Africa. The additional capacity will see more than 700 tonnes of cargo capacity added to the Emirates SkyCargo fleet. Capacity to the US will grow eight per … [Read more...] about SkyCargo grows cargo capacity by 17%
SIA parks one freighter and 17 pax planes
Singapore Airlines, the world's most profitable carrier, has said it will slash passenger capacity by 11 per cent as the global recession continues to drag down air passenger and cargo demand. The airline will take 17 passenger planes out of its fleet in the fiscal year beginning April until March 2010, it said in a statement this week. The carrier had earlier planned to remove four planes from its fleet of 102 aircraft before the recession deepened - one for conversion to a freighter, and three … [Read more...] about SIA parks one freighter and 17 pax planes
Cargo to decline 5% at Singapore’s Changi
Cargo traffic at Singapore's Changi airport is expected to fall by 5.1 per cent in 2009, to 1.77 million tonnes in 2009, from 1.85 million tonnes, according to a Reuters report. Singapore's Senior Minister of State, Ministry of Finance & Ministry of Transport, Lim Hwee Hua, told parliament the global financial crisis started taking a toll on Changi's traffic in the fourth quarter of 2008, but "the full impact of the global downturn can be expected to be felt in 2009". … [Read more...] about Cargo to decline 5% at Singapore’s Changi
Cathay and Dragonair continue to suffer
January continued the downward plunge for Cathay Pacific Airways and Dragonair whose combined traffic figures for the month indicated another hefty fall in cargo and mail tonnage. The two airlines carried a total of 101,154 tonnes of cargo and mail last month, down 26 per cent on January 2008, while capacity, measured in available cargo/mail tonne kilometres, fell by 15.9 per cent. The cargo and mail load factor dropped by 4.5 percentage points to 59.1 per cent. … [Read more...] about Cathay and Dragonair continue to suffer
