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BAWC sees increase in volume, yield and revenue

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BAWC sees increase in volume, yield and revenue

July 30, 2010 by PLA Editor

British Airways World Cargo has reported commercial revenue - flown revenue plus fuel surcharges - of £175 million (US$273.3 million) for the first quarter of the financial year beginning April 2010. This represents an increase of 36.7 per cent against the same period last year. Excluding the impact of favourable exchange rate movements, commercial revenues were up 34.6 per cent. Volumes of 1.1 million cargo tonne kilometres (CTKs) for the quarter year represent an increase of 2.1 per cent … [Read more...] about BAWC sees increase in volume, yield and revenue

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, BAWC, British Airways World Cargo, cargo aviation, results

Singapore Airlines’ Q4 net profit up six-fold

May 26, 2010 by PLA Editor

Singapore Airlines (SIA) has said its fourth quarter net profit soared more than six-fold as the global economic rebound boosted travel and cargo demand. Net profit in the three months to March was S$278 million (US$197.5 million), up from $42 million in the same quarter the year before, the company said in a statement. Together with the $404 million net profit in the third quarter, the fourth quarter earnings reversed $466 million in losses recorded in the financial first half. The airline … [Read more...] about Singapore Airlines’ Q4 net profit up six-fold

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, profit, results, SIA, SIA Cargo, Singapore Airlines

BAWC gets 4Q boost and full-year profit

May 26, 2010 by PLA Editor

British Airways World Cargo (BAWC) has reported commercial revenue (flown revenue plus fuel surcharges) of £550.3 million (US$790 million) for the full year beginning April 2009. This represents a decrease of 18.2 per cent against the same period last year. Excluding the impact of favourable exchange rate movements, commercial revenues were down 26.1 per cent. Volumes of 4.5 million cargo tonne kilometres (CTKs) for the full year represent a decrease of 2.2 per cent versus the previous 12 … [Read more...] about BAWC gets 4Q boost and full-year profit

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, BAWC, British Airways World Cargo, cargo aviation, results, revenue

Singapore Airlines' Q4 net profit up six-fold

May 26, 2010 by PLA Editor

Singapore Airlines (SIA) has said its fourth quarter net profit soared more than six-fold as the global economic rebound boosted travel and cargo demand. Net profit in the three months to March was S$278 million (US$197.5 million), up from $42 million in the same quarter the year before, the company said in a statement. Together with the $404 million net profit in the third quarter, the fourth quarter earnings reversed $466 million in losses recorded in the financial first half. The airline … [Read more...] about Singapore Airlines' Q4 net profit up six-fold

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, profit, results, SIA, SIA Cargo, Singapore Airlines

Agility's first quarter profit plummets

May 21, 2010 by PLA Editor

Kuwait-based global logistics company, Agility has reported a drop in first quarter net profit by 52 per cent from a year ago to KD17.5 million (US$60.1 million) and warned future earnings will suffer from the loss of US military contracts in the wake of fraud charges. Revenues during the period fell 14.4 per cent to KD403 million as compared to the previous quarter. Agility, which has been accused of over-charging the US military during nearly a two-year period under contracts to supply US$8.5 … [Read more...] about Agility's first quarter profit plummets

Other Topics: Agility, 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, fraud, results, US military

Agility’s first quarter profit plummets

May 21, 2010 by PLA Editor

Kuwait-based global logistics company, Agility has reported a drop in first quarter net profit by 52 per cent from a year ago to KD17.5 million (US$60.1 million) and warned future earnings will suffer from the loss of US military contracts in the wake of fraud charges. Revenues during the period fell 14.4 per cent to KD403 million as compared to the previous quarter. Agility, which has been accused of over-charging the US military during nearly a two-year period under contracts to supply US$8.5 … [Read more...] about Agility’s first quarter profit plummets

Other Topics: Agility, 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, fraud, results, US military

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