Europe’s busiest air cargo hub, Frankfurt airport, has reported a slowing decline in cargo traffic in June. Frankfurt handled 148,211 tonnes of cargo in June, a 16.5 per cent drop from a year earlier that followed year-on-year declines of 17.1 per cent and 24.9 per cent in May and April respectively. The improved June figure still left cargo volumes in the first half of the year 21.4 per cent down on the same period in 2008 at 822,469 tonnes compared with 1.05 million tonnes a year … [Read more...] about Cargo decline slows in June at Frankfurt
Airports
Heathrow sees June cargo improvement
London Heathrow reported a drop in cargo traffic of 14.5 per cent in June from a year ago to 103,400 tonnes, an improvement on the 19.2 per cent drop in May. London Stansted, similarly reported a traffic drop of 14.8 per cent in June to 15,271 tonnes, a slight improvement on the 15.4 per cent decline in May. London Gatwick’s plummeting cargo volumes accelerated to -32.7 per cent for a total of 5,169 tonnes from a 21.5 per cent decline in May. Gatwick is set to lose further market … [Read more...] about Heathrow sees June cargo improvement
Frankfurt returns to normal work hours
Frankfurt airport employees will resume normal working hours this week based on what it says is a combination of winning new customers and the slowing of precipitous year-on-year declines in traffic to around 15 per cent in May from over 23 per cent in the first quarter. This also applies to the airport's cargo amid signs the six month slump in freight traffic has bottomed out. Europe’s biggest air freight hub cut hours for 500 of its 630 cargo handlers by around 20 per cent in early … [Read more...] about Frankfurt returns to normal work hours
EUROPE & CIS: Fraport reports slight pick up in May traffic
Frankfurt Airport’s (FRA) traffic during the past three months continues to provide optimism as the drop in aircraft movements, as well as airfreight and airmail continued to slow slightly, Fraport said in a statement. Aircraft movements dropped only 4.4 per cent year-on-year to 40,666 takeoffs and landings and with 146,259 tonnes of cargo handled in May, Frankfurt’s airfreight slowdown narrowed to 17.1 per cent. At 2.37 million tonnes, maximum takeoff weights (MTOWs) … [Read more...] about EUROPE & CIS: Fraport reports slight pick up in May traffic
New logistics park for Abu Dhabi’s Al Ain airport
Abu Dhabi Airports Company (ADAC) has announced a joint venture agreement with Helios SinoGulf Property Development LLC to develop a logistics and business park under free zone regulation adjacent to Al Ain International Airport. The development will cover 650,000 square metres and will include office space, distribution centres, light industrial units, freight forwarding stations and supporting facilities in a business park, that will cater to the needs of air cargo, aerospace, and related … [Read more...] about New logistics park for Abu Dhabi’s Al Ain airport
Asia Airfreight Terminal chosen by Deccan 360
Asia Airfreight Terminal Co Ltd (AAT) has announced that India’s newest express cargo and logistics airline founded by Capt. G.R. Gopinath, Deccan 360, has appointed AAT as their cargo ground handling agent at Hong Kong International Airport. Deccan 360 is now flying between Hong Kong and Dubai and to India’s key trade centers – Delhi and Chennai – five times a week with its Airbus 310 freighter. The carrier offers an integrated multi-modal set up … [Read more...] about Asia Airfreight Terminal chosen by Deccan 360