Tag: cargo


  • Fraport sells Germany’s Hahn airport for €1

    Fraport AG has sold Frankfurt-Hahn, one of Germany’s leading all-cargo airports, for the symbolic price of €1. The company, which also owns Frankfurt-Main airport, Europe’s biggest cargo hub, sold its 65 per cent stake in Hahn to......

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  • DHL forecasts 20% cargo drop, 1st improvement 2010

    The head of DHL Global Forwarding (DHL GF), the world’s largest forwarder, said the company expects shipping volume – both air and ocean shipments – around the world to decline 20 per cent in the first half......

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  • Fraport sells Germany's Hahn airport for €1

    Fraport AG has sold Frankfurt-Hahn, one of Germany’s leading all-cargo airports, for the symbolic price of €1. The company, which also owns Frankfurt-Main airport, Europe’s biggest cargo hub, sold its 65 per cent stake in Hahn to......

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  • China air traffic growth slows to single digits

    China’s air travel growth fell into single digits, the first time in five years, as a slowing economy hit air travel demand, according to official data. Chinese carriers handled 4.03 million tonnes of cargo last year, up......

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  • China Eastern: breakeven 2010, profit 2011

    China Eastern Airlines is targeting a breakeven 2010 and a profitable 2011, newly appointed Chiarman Liu Shaoyong said this week, adding that the carrier is open to consolidation and a potential merger with Shanghai Airlines. The carrier......

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  • SAS cuts freighter unit

    SAS, Scandinavia’s biggest airline, is set to cease freighter services and shrink other cargo operations as part of a radical restructuring to stem losses and retain its independence in the fast consolidating European airline industry. The part......

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  • Air France anticipates Q3 loss on lower pax and cargo

    Air France-KLM Group said it expects a third-quarter loss as a result of lower passenger traffic and a ¡°strong decline¡± in cargo revenue. ¡°The deterioration in the economic environment during the third quarter has led to a......

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