Air Cargo News.Mar 12, 2007 Another challenge is that less-expensive ocean shipping "is becoming more competitive and taking business away" from air cargo air cargo: see aviation. operators. Ocean container freight grew 9.5% in 2000-05, more than double the rate of air cargo. IATA IATA International Air Transport Association, which sets the rules for air transport, including those concerning air transport of animals. forecasts 5.3% annual growth in airfreight air·freight n. 1. A system of transporting freight by air. 2. The amount charged for transporting freight by air. air through 2010 and a 7.2% rise in ocean freight. "New container ships are faster and cheaper to operate and 2006 ocean container freight rates were 20% in real terms below 2000 levels. Airfreight rates were only 8% lower. . .So we can expect more intense price competition," IATA DG Giovanni Bisignani said. Mar 9, 2007 IATA DG Giovanni Bisignani opened this week's World Cargo Symposium in Mexico City by pointing to "concerns" raised by cargo operators' heavy investment in Asia, including imbalanced trade flows, overcapacity and China's lack of standardized business practices. He noted that rapid growth in China and surrounding markets is driving air cargo's strong expansion rate, expected to average 6% annually over the next 20 years, but said, "Asia is exporting more than it is importing. . .So the planes are full leaving Asia but half empty coming in. And the situation will become more acute as airlines add capacity to meet the outbound demand. We all know what overcapacity does to our bottom line." Mar 9, 2007 Boeing, DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature , General Electric Boeing said yesterday it reached agreement with express cargo operator DHL on an order for six 767-300ER freighters valued at $894 million. It chose General Electric CF6-80C2B C2B Consumer to Business (consumers naming their price for various products or services) C2B Command and Control Battlelab C2B Consulting to Business C2B Commerce to Business C2B Customer to Business C2B Client to Business 7Fs valued at more than $120 million to power the aircraft. DHL Express CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Mullen said the aircraft will be delivered beginning in 2009 and likely will be dedicated to US routes. A DHL spokesperson said it is undecided which of the company's affiliated contract carriers will operate the freighters. Astar Air Cargo ASTAR Air Cargo is an American cargo airline based in Miami, Florida, USA. It operates regularly secheduled cargo charter services to over 34 US airports and nine international airports, as well as worldwide charter freight services. and ABX Air are its largest US subservice carriers and it is the process of finalizing a deal to acquire a 49% equity interest and a 25% voting interest in Polar Air Cargo Polar Air Cargo is an American cargo airline based in Purchase, New York, USA. It operates scheduled all-cargo services to Asia, Europe, Australia, New Zealand and the Americas. Its main base is John F. . Mar 9, 2007 Lufthansa Systems, SkyExpress, Vladivostock Air, AirBridge Cargo Lufthansa Systems added Russia's SkyExpress, Vladivostock Air and AirBridge Cargo to the list of airlines using its FMS FMS - Flexible Manufacturing System (factory automation). database of worldwide aeronautical aer·o·nau·tic also aer·o·nau·ti·cal adj. Of or relating to aeronautics. aer  o·nau data. Mar 6, 2007
UPS UPS left out of the loop on A380F suspension Airbus neglected to call UPS last week when it decided to suspend work on the cargo version of its A380 jetliner. "It certainly was not a very courteous handling of a large customer," a UPS spokesman says. However, he noted that UPS canceled its order for the plane because of the instability of the delivery date, not the lack of communication. Mar 8, 2007 UPS, Airbus UPS terminates order for Airbus A380F. UPS on Friday said it would cancel its order for 10 Airbus freighters. The decision leaves Airbus with no orders for the freighter version of the superjumbo A380. "We lost confidence in their ability to meet those schedules," a UPS spokesman said of the company's A380F agreement with Airbus. Mar 5, 2007 03/12/2007 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Mar 5, 2007 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion