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Bangkok Airways net profit doubles in 1Q2015

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Bangkok Airways net profit doubles in 1Q2015

May 19, 2015 by Payload Asia

Bangkok Airways doubled its earnings in the first quarter of the year. It posted a net profit of 1.08 billion baht (approx. US$32.35 million) compared with 514 million baht in the same period last year. It saw its revenue rise by 10.6 per cent to 6.73 billion baht as it carried 10.9 per cent more passengers at 1.43 million on 6.65 per cent growth in seat capacity after adding two aircraft to take its fleet to 29. Its load factor edged up to 71.9 per cent from 69.3 per cent in the … [Read more...] about Bangkok Airways net profit doubles in 1Q2015

Other Topics: 2015, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Bangkok Airways, cargo aviation, load factor, revenue profit, Thailand

IAG Cargo revenue drops 7.5%

March 2, 2015 by Payload Asia

IAG Cargo has announced its 2014 full year results, reporting commercial revenue (flown revenue plus fuel surcharges) of €992 million (approximately US$1.11 billion) over the period from 1 January to 31 December 2014, a decrease of 7.5 per cent on 2013. On a like for like basis, adjusting the prior year's figures to reflect a directly comparable freighter operation, commercial revenue increased 2.4 per cent versus last year. On a like for like basis, volumes of 5,453 million cargo … [Read more...] about IAG Cargo revenue drops 7.5%

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, CTK, IAG Cargo, IATA, load factor, revenue, Steve Gunning

Korean Air widens 4Q losses

February 17, 2015 by Payload Asia

The Korean flag carrier posted a KRW272 billion (US$247.5 million) net loss for the fourth quarter of 2014 and a KRW458 deficit for the full year, widened from a KRW57 billion loss recorded in the year-ago period. The net loss for 2014 is reported to be the result of a stronger US dollar which inflated the value of Korean Air’s foreign debts although its operating profit rose, helped by a recovery in the global air cargo industry, falling oil prices and cost-cutting. Korean Air … [Read more...] about Korean Air widens 4Q losses

Other Topics: 777, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Boeing, cargo, cargo aviation, Korean Air, load factor, profit

Korean Air 3Q cargo yields on the up

November 13, 2014 by Payload Asia

Korean Air registered a 5.7 per cent increase in cargo yield in 3Q 2014 as its load factor rose 2.5 percentage points to 79.1 per cent. Its cargo arm, accounting for 22.1 per cent of total airline revenues in Q3, saw a 10 per cent rise in domestic cargo revenue sales in the three months to September. Internationally, it recorded a three per cent rise in cargo revenues in and out of Japan, a 3 per cent fall in freight revenues in China and a static result in Southeast Asia. The Americas … [Read more...] about Korean Air 3Q cargo yields on the up

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, financial report, Korean Air, Korean cargo, load factor, yield

AF-KLM Cargo load factor up in Sept

October 9, 2009 by Payload Asia

September load factor at Air France-KLM Cargo (including Martinair) was up 2.2 percentage points in September, year-on-year, to 66.1 per cent. As a result of major cuts to freighter services, capacity was down 20 per cent, while volumes were down 17.2 per cent. … [Read more...] about AF-KLM Cargo load factor up in Sept

Other Topics: AF-KLM Cargo, Air Cargo Asia, Air France, Air Freight Asia, Air Freight Logistics, Air Logistics Asia, Air Shipping Asia, KLM, load factor, Martinair, recession

No repeat of May’s up-tick for Lufthansa

July 13, 2009 by Payload Asia

Lufthansa Cargo’s freight volumes fell 14.1 per cent in June to 128,000 tonnes from a year ago, similar to other European cargo carriers, but ending a brief burst of optimism in May when its volumes improved to only a -9.1 per cent drop year-on-year. The drop in June volume left traffic in the first six months of the year down 20.1 per cent from the same period last year at 694,000 tonnes. "In the air freight sector... the market environment remained weak in June," Lufthansa said. The … [Read more...] about No repeat of May’s up-tick for Lufthansa

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, load factor, Lufthansa Cargo, recession, Swiss World Cargo

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