European airlines saw their cargo volumes fell 20.7 per cent in June compared to last year, according to the Association of European Airlines (AEA). The association also noted an accelerating decline in European air trade with Asia Far East and Australasia, with traffic falling 24.9 per cent compared to a year ago. Freight traffic for the first six months this year was down 22.1 per cent for the European airlines, including a 27.1 per cent drop in Asia trade compared to the first half of … [Read more...] about EUROPE & CIS: European air cargo falls 20.7% in June
decline
EUROPE & CIS: Euro PC shipments down 3.3% in Q2
A key indicator of how express, logistics and air cargo freight markets are performing are global personal computer shipments with technology consultancy, the Gartner group estimating that in the second quarter of 2009 PC shipments in Western Europe totalled 13.3 million units, a 3.3 per cent decline from the same period in 2008. All three major markets – the UK, France and Germany – saw negative growth and Gartner believes that the decline is set to continue for the … [Read more...] about EUROPE & CIS: Euro PC shipments down 3.3% in Q2
International Air Transport Association (IATA)
The International Air Transport Association (IATA) said June marked the 13th consecutive month of contracting demand for international air cargo. Despite reaching a bottom in December, improvement has been slowed by high inventory levels and soft demand. “At the current pace, it will likely take several years before demand returns to early 2008 levels.†IATA said air freight is refl ecting the earlier economic recovery in Q2 among some emerging Asian economies while recoveries are … [Read more...] about International Air Transport Association (IATA)
Alaska forced to cut jobs as business slides
The continued slump in the global air cargo market has taken its toll on Alaska, with the Alaska International Airport System cutting positions at the airports in Anchorage and Fairbanks. “It has gotten to the point where the trimming of positions both inside and outside of the airport are noticeable,†said John Parrott, airport manager at Ted Stevens Anchorage International Airport. “We have as many as 50 vacancies that we are not refilling due to budgetary … [Read more...] about Alaska forced to cut jobs as business slides
UK’s BAA airport group sees slowing decline
UK airports group BAA – which owns London airports Heathrow, Gatwick and Stansted as well as Southampton in Southern England and Glasgow, Edinburgh and Aberdeen in Scotland – said cargo traffic showed a slower rate of decline in July, but was still down 11.7 per cent on the year. Cargo volumes at its airports are down 17 per cent for the first seven months of 2009 compared with a year earlier. Its airports also handled 14.5 million passengers in July, down just 2.4 per … [Read more...] about UK’s BAA airport group sees slowing decline
EUROPE & CIS: European air cargo falls 20.7% in June
European airlines saw their cargo volumes fell 20.7 per cent in June compared to last year, according to the Association of European Airlines (AEA). The association also noted an accelerating decline in European air trade with Asia Far East and Australasia, with traffic falling 24.9 per cent compared to a year ago. Freight traffic for the first six months this year was down 22.1 per cent for the European airlines, including a 27.1 per cent drop in Asia trade compared to the first half of … [Read more...] about EUROPE & CIS: European air cargo falls 20.7% in June
