Revenue for operators in the air freight services industry in Australia has grown at a CAGR of 3.2 per cent over the past five years, and is now estimated to be to be worth US$3.3 billion, according to research firm IBISWorld. It says the industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8 per cent, aided by strong … [Read more...] about Australia’s air freight services industry grew 3.2%
Qantas
Australia’s air freight services industry grew 3.2%
Revenue for operators in the air freight services industry in Australia has grown at a CAGR of 3.2 per cent over the past five years, and is now estimated to be to be worth US$3.3 billion, according to research firm IBISWorld. It says the industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8 per cent, aided by strong … [Read more...] about Australia’s air freight services industry grew 3.2%
DB seeks $2.5B damages over air cargo cartel
Schenker AG, the logistics subsidiary of German railway company Deutsche Bahn (DB), will seek damages estimated at US$2.5 billion — approximately US$370 million in the US and US$2.19 billion in Germany including interest — from air cargo carriers found guilty by the US Department of Justice, the European Commission and other international authorities for operating a global price-fixing cartel. The US portion could increase to an estimated US$1.1 billion if the court awards treble … [Read more...] about DB seeks $2.5B damages over air cargo cartel
Qantas to unveil "retro" livery on B737
For the first time in Qantas’ 94 year history, the airline will introduce a "retro" livery on one of its brand new B737 aircraft as a flying tribute to 70 years of its iconic kangaroo logo. The original kangaroo symbol, that was adapted from the Australian one penny coin, was initially painted beneath the cockpit of Qantas’ first Liberator aircraft G-AGKT in 1944 following the airline’s decision to name its Indian Ocean passage the Kangaroo Service. Group executive for … [Read more...] about Qantas to unveil "retro" livery on B737
Qantas to unveil “retro” livery on B737
For the first time in Qantas’ 94 year history, the airline will introduce a "retro" livery on one of its brand new B737 aircraft as a flying tribute to 70 years of its iconic kangaroo logo. The original kangaroo symbol, that was adapted from the Australian one penny coin, was initially painted beneath the cockpit of Qantas’ first Liberator aircraft G-AGKT in 1944 following the airline’s decision to name its Indian Ocean passage the Kangaroo Service. Group executive for … [Read more...] about Qantas to unveil “retro” livery on B737
Jetstar deploys new B787s on Japan routes
Jetstar last week began using its most recent B787 delivery to replace an A330 on service from Cairns to Osaka, Japan. The low-cost carrier (LCC) also introduced a B787 on its Cairns-Tokyo route in August, and on its Gold Coast-Tokyo flight in July. Aside from the Japan routes, Jetstar has introduced 787s on routes from the three major east coast cities of Sydney, Brisbane and Melbourne to Thailand and Indonesia. The LCC continues to grow its fleet with the delivery of seven B787-8s, … [Read more...] about Jetstar deploys new B787s on Japan routes