The latest Airline Business Confidence Index from the International Air Transport Association has indicated carriers in Asia are more optimistic of a stabilisation of profitability over the next twelve months, compared with their counterparts in Europe and North America. The report noted that air cargo demand and yields continued to suffer in the last quarter of 2009, but "recent traffic results indicate that a floor may have been reached during the first half of the year with international FTKs … [Read more...] about IATA: Asia cargo carriers optimistic of rising demand
yields
No ‘plan-B’ for Cargo B as carrier folds
Belgium-based Cargo B Airlines is the latest victim of the global economic slump, announcing the immediate cessation of operations. A short statement issued by management said yields were lower than those needed to make a viable operation in the current market and added the situation looked no better in the near future. "The board of Cargo B Airlines, has had no choice but to take the difficult decision to stop its operation with immediate effect. Thanks to the hard work of all our staff and the … [Read more...] about No ‘plan-B’ for Cargo B as carrier folds
No 'plan-B' for Cargo B as carrier folds
Belgium-based Cargo B Airlines is the latest victim of the global economic slump, announcing the immediate cessation of operations. A short statement issued by management said yields were lower than those needed to make a viable operation in the current market and added the situation looked no better in the near future. "The board of Cargo B Airlines, has had no choice but to take the difficult decision to stop its operation with immediate effect. Thanks to the hard work of all our staff and the … [Read more...] about No 'plan-B' for Cargo B as carrier folds
