Virgin Australia will launch its own cargo service from 1 July following the end of its current contract with the Toll Group on 30 June. The move is a part of the Group's Virgin Vision 2017 strategy. The launch of Virgin's own cargo service will bring it in direct competition with Toll and Qantas in the air-freight market. Virgin has a strategy team in its Sydney office that concentrates on freight. The company is currently targeting revenue between US$150 million and US$200 million from its … [Read more...] about Virgin Australia to launch own cargo business
Tigerair
SIA cargo traffic up 4.3% in April
Singapore Airlines reported April cargo traffic (measured in FTK) rose 4.3 per cent year-on-year to 517.3 million, as compared to a 4.7 per cent increase in capacity. Cargo load factor slipped 0.3 percentage points to 61.4 per cent last month. Load factor improved for South West Pacific (5.9 per cent) and West Asia/Africa (3.3 per cent) regions, but fell for East Asia, Americas and Europe, as demand did not keep pace with capacity changes. SIA’s systemwide passenger carriage … [Read more...] about SIA cargo traffic up 4.3% in April
