Contrary to much speculation in recent weeks, the Air France-KLM-Martinair group will retain its all-maindeck subsidiary Martinair, albeit with a drastically reduced fleet. Over the next two years Martinair Cargo’s fleet will drop dramatically from the current 10 aircraft to just three. All five old MD11F in the fleet will be retired progressively starting shortly and ending in 2016 and in addition, a B747-400ERF, which is currently leased to Etihad Airways, will be returned to the leasing … [Read more...] about AF-KLM undertakes surgery, Martinair spared
Martinair
Schenker sues carriers over cargo price fixing
Deutsche Bahn’s logistics subsidiary Schenker has filed a lawsuit against certain air cargo carriers operating in the US market, allegedly claiming damages for illegal fixing fuel and security surcharges for shipments from, to and within the US from 1999 until at least 2006. The complaint was filed in New York federal court against air cargo carriers Air France, KLM, Martinair, Cargolux, Qantas, SAS and All Nippon Airways. All the defendants have entered into guilty pleas and have been … [Read more...] about Schenker sues carriers over cargo price fixing
“All options” on the table for AF-KLM group
The Air France-KLM-Martinair Cargo group has said it is currently studying the future of its cargo business and the role of dedicated freighters within that business. The results of this study, expected to be announced by mid-July, cover anything from continuing with the status quo, to drastic action that could include exiting dedicated freighter operations altogether, the group’s senior cargo management said recently. Speaking at a press conference at Amsterdam Airport … [Read more...] about “All options” on the table for AF-KLM group
“All options” on the table for AF-KLM group
The Air France-KLM-Martinair Cargo group has said it is currently studying the future of its cargo business and the role of dedicated freighters within that business. The results of this study, expected to be announced by mid-July, cover anything from continuing with the status quo, to drastic action that could include exiting dedicated freighter operations altogether, the group’s senior cargo management said recently. Speaking at a press conference at Amsterdam Airport … [Read more...] about “All options” on the table for AF-KLM group
AF-KLM Cargo narrows loss, still firmly in red
Air France-KLM Cargo has reported 2013 operating losses of €202 million, down from the 2012 deficit of €230 million, but never-the-less still firmly in the red, reflecting weak global trade and overcapacity in the sector, the combined airline said. AF-KLM Cargo’s 2013 revenues stood at just over €2.8 billion, down 7.9 per cent on 2012 (-5.7 per cent on a constant currency basis). Restructuring measures implemented over the year, saw freighter capacity … [Read more...] about AF-KLM Cargo narrows loss, still firmly in red
South Africa's turn for price-fixing allegations
Eight air cargo carriers including South African Airways Cargo face allegations of fixing the price of fuel surcharges and freight rates for cargo flown in and out of South Africa. The South African Competition Commission has asked the country's Competition Tribunal to impose an administrative penalty of 10 per cent of annual turnover on each of the carriers involved. Other cargo carriers facing price fixing allegations include British Airways World Cargo, Air France Cargo, KLM Cargo, Alitalia … [Read more...] about South Africa's turn for price-fixing allegations