Post Tagged with: "Europe"

Have Europe’s “Big Three” become the “Little Three”?

Have Europe’s “Big Three” become the “Little Three”?

November 5, 2015 at 10:31 am 0 comments

Yesterday, IATA published its summary of worldwide airfreight demand growth in September. That growth was minimal, with cargo traffic up just 1.0% year-over-year, very much in line with underlying growth since the beginning of the 2015. If there was anything in the report to generate optimism for the rest ofRead More

A new partner for lonely ABC?

A new partner for lonely ABC?

October 13, 2015 at 9:15 am 0 comments

Russia’s Volga-Dnepr Group has been largely silent on plans for its newest offspring, UK-based startup carrier Cargologicair. The Russian parent company has no explicit documented ties to the new carrier, which sources say will start ACMI services by the end of the year. However, Cypriot businessman and president of Volga-DneprRead More

China’s economy and the air freight industry

China’s economy and the air freight industry

August 27, 2015 at 10:50 am 0 comments

There has been much talk lately in the offices of Cargo Facts and Air Cargo Management Group (ACMG, Cargo Facts’ parent) about the economic situation in China, and its potential impact on the air freight and express industry. There are a few things that seem obvious and indisputable – “facts”Read More

EU carriers continue to struggle

EU carriers continue to struggle

August 3, 2015 at 10:50 am 0 comments

In the European Union, just four airline groups – Air France-KLM, Cargolux, IAG, and Lufthansa – carry almost 90% of the cargo flown by EU-based carriers. Historically, these have been some of the most respected and successful airlines in the world, but history doesn’t stand still, and all of theseRead More

FedEx takeover of TNT enters Phase II

FedEx takeover of TNT enters Phase II

July 31, 2015 at 9:44 am 0 comments

The European Commission has begun its Phase II review of FedEx’s offer to acquire TNT Express. As both companies have pointed out, this is a normal part of the legal process for proposed mergers and acquisitions in the EU, not an unexpected roadblock. In addition to the review in Europe,Read More

All-cargo vs combination carriers

All-cargo vs combination carriers

July 15, 2015 at 10:17 am 0 comments

Europe’s combination carriers are having a miserable summer. While the difficulties at AF-KLM – which announced that it was to cut frequencies and routes and reconsider its aircraft orders while bringing forward cost-cutting plans – have been well-documented, airline sources say the market is hard for all the legacy carriers.Read More

Don’t point your finger at China…

Don’t point your finger at China…

July 8, 2015 at 10:56 am 5 comments

“China woes threaten air freight industry, Lufthansa warns.” That is the title of a news story published yesterday by Bloomberg. And if the title weren’t ominous enough, the lead sentence will surely grab your attention: “Lufthansa, Europe’s biggest cargo airline said it’s concerned that a stock market rout which wipedRead More

Be careful what you wish for

Be careful what you wish for

May 21, 2015 at 10:55 am 0 comments

According to a report in Dutch newspaper Financieele Dagblad, Netherlands Minister of Infrastructure and the Environment Wilma Mansveld confirmed that her government had frozen landing rights for the big three Gulf Region carriers at Amsterdam’s Schiphol Airport The move comes in response to complaints by European airlines (including troubled Franco-DutchRead More