Airlines

 

Top 30 Cargo Airports 2009

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Top 30 Cargo Airports 2009

A reader named Greg alerted to us that we haven't posted an updated list of the top cargo airports in the world for some time (thanks). While I haven't received or found an updated top 50 list from Air Cargo World or elsewhere, there is this handy list that gets reported by Airports Council International: [...]

American Airlines Expands Business ExtrAA Program

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American Airlines Expands Business ExtrAA Program

American Airlines introduced their redesigned Business ExtrAA program today, which allows cargo customers the opportunity to earn travel awards for booking cargo shipments and truck loads. The redesigned program allows cargo shippers to earn travel awards for all shipment regardless of booking. The prior program allowed shippers to earn points for shipments booked online only. [...]

Air France to slash jobs

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Air France to slash jobs

Airline layoffs and restructuring haven't been unusual events during the recent global economic downturn with Air France being the latest carrier to announce layoffs. Air France said it will eliminate 1,500 jobs and slash capacity by 5 percent in order to bring down costs and match seating to reduced levels of demand. A majority of [...]

Delta Airlines is back in the all cargo business…

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Delta Airlines is back in the all cargo business...

...thanks to a recently announced joint venture with the Air France KLM group. The terms of the 10 year agreement will allow the carriers to jointly operate their trans-Atlantic business by "coordinating operations and sharing revenues and costs of their trans-Atlantic route network". Via Delta.com: "This strategic partnership puts us in a good position compared [...]

Delta Airlines posts loss; plans to ground freighters

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Delta Airlines posts loss; plans to ground freighters

Not exactly great news for my favorite airline. Today, Delta reported a $794 million first-quarter net loss, or $0.96 per diluted share. Delta cited slower demand for travel brought on by the current recession as reason for the loss. Via Delta's press release: “Despite the worst economic recession in our lifetime, the fundamental strength of [...]

So sad – total price for Alitalia Cargo? $19 million….

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So sad - total price for Alitalia Cargo? $19 million....

An apology to any Alitalia fans out there, but this is simply embarassing. Alitalia Cargo is being purchased by Cargoitalia for a whopping $19 million - that's it. This comes after the airline declared bankruptcy back in September. More from Air Cargo World: Cargoitalia told Augusto Fantozzi, Alitalia's bankruptcy commissioner, that the sale must be [...]

Airbus seeks to slow production

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Airbus seeks to slow production

More gloomy news from the aviation sector - Airbus to slow production. Via CargoNewsAsia: Airbus is reducing the production rates of its A320 family programme from 36 to 34 a month from October onwards, but the European planemaker said 2009 delivery targets will not be affected. ------------------------------------------------------------------------- Production rates of the A330/A340 family will be [...]

Airlines: “write off” 2009 – World Air Cargo Event

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Airlines:

That's according to Stan Wraight, the chair of the opening panel session at the event just held in Bangkok: His advice for chief executive officers was to be optimistic and to assume that the “bottle of wine is half-full not half-empty” but to also be realistic. “They will have to make some tough decisions this [...]

Congratulations Boeing: First 777-F delivered to Air France

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Congratulations Boeing: First 777-F delivered to Air France

Via Air Cargo News: Providing cargo capacity normally associated with larger airplanes, the 777 freighter can fly 4,880 nautical miles (9,038 km) with a full payload of 226,700 pounds (103 metric tons). It is expected to progressively replace the 747-400 Boeing converted freighter (BCF) in the Air France Cargo fleet. Air France currently operates five [...]

IATA: Cargo and Passengers down sharply in November 2008

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IATA: Cargo and Passengers down sharply in November 2008

Quotes Giovanni Bisignani, IATA's CEO, the "...drop in international cargo is shocking...". Maybe, but it shouldn't be too surprising. These days cash is king and companies will do just about anything to save a buck or two, including rethinking what kinds of cargo can/should ship by sea as opposed to air. Years ago I was [...]

Airline Industry – “Worst Revenue Environment in 50 Years”

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Airline Industry -

Pretty grim outlook for the state of airline transportation according to a recent press release from IATA. In the report, IATA is forecasting an industry loss of $2.5 billion in 2009. All global regions with the exception of the U.S. market are expected to have larger losses in 2009 than in 2008. Via IATA's website: [...]

Cathay Pacific to ground freighters

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Cathay Pacific to ground freighters

Old news, but unfortunately I am just reading it now. Here it is via eyefortransport for anyone who hasn't seen it yet: With Cathay Pacific's airfreight business being seriously impacted by the global financial crisis and several of the world's major economies heading into recession, in January 2009 the airline will park two Boeing 747-400BCF [...]