In a further indication of an Asian-led recovery of the air cargo sector, Los Angeles International Airport reported its busiest month for freight in nearly a year in August and the fourth straight month-to-month improvement in cargo volumes. North America's largest gateway for the trans-Pacific air cargo trade, reported a 5.1 per cent fall in August cargo volumes compared to the same month a year ago, but the decline marked the slimmest Los Angeles has recorded since April 2008 and the seventh … [Read more...] about LAX sees slimmest cargo decline of the year
Airports
DHL adds B767 freighters to trans-Atlantic
DHL Express has added the first of six 53.5 tonne capacity Boeing 767ER Freighters into its fleet replacing the shared capacity of its MD-11F aircraft that are currently in use through a joint venture with Lufthansa Cargo. The new 767ERF aircraft will serve daily direct flights between the US and Europe, including daily direct flights between DHL Express' major European hub in Leipzig, Germany, and New York JFK, and a daily direct flight between DHL Express' major international Americas regional … [Read more...] about DHL adds B767 freighters to trans-Atlantic
Air cargo upturn underway, but “fragileâ€Â
Signs of a clear, but fragile recovery in air cargo demand are being driven by companies restocking inventories which have run low, the International Air Transport Association (IATA) said on Thursday. But this pick up would remain “fragile†as long as economic recovery is driven by the inventory cycle, and not by increased consumption and business investment, IATA warned. International air freight demand was 11.3 per cent lower in July than the same month in 2008, a considerably … [Read more...] about Air cargo upturn underway, but “fragileâ€Â
Lufthansa threatens to dump freighter fleet
Lufthansa has threatened to close its fleet of freighter aircraft if restrictions on night flights are imposed on its hub at Frankfurt. Carsten Spohr, the CEO of Lufthansa Cargo was quoted by Reuter's last week as saying that it might no longer pay to have its own cargo fleet. “Everything that goes toward a single-digit number (of flights allowed per night) would mean that it no longer pays off to have our own cargo fleet," he said according to the report. His comments come after a recent … [Read more...] about Lufthansa threatens to dump freighter fleet
HONG KONG: Hong Kong air cargo decline moderates
Cargo tonnage at Hong Kong’s Asia Airfreight Terminal (AAT), pictured above, was down 20 per cent in July year-on-year, while the larger Hong Kong AirCargo Terminals was down 8.4 per cent. Hong Kong Air Cargo Terminals Limited (Hactl) has announced it handled a total of 201,157 tonnes of cargo in July, representing an improved year-on-year decline of 8.4 per cent compared with that in previous months. Cumulative tonnage from January to July was 1.2 million tonnes, down 19.6 per … [Read more...] about HONG KONG: Hong Kong air cargo decline moderates
The Payload interview
For those who know Nol van Fenema and really, after nearly 26 years in the air cargo industry there aren’t many who don’t know him, this is classic Nol. Confident, yet not entirely overbearing with that ever-present, quick, dry wit with only an occasional hint of sarcasm, the Dutchman has endeared himself to an industry which he came to in 1983 bereft of any substantive cargo knowledge. goes back half a dozen years, first bumping into him at various press conferences … [Read more...] about The Payload interview