A new CEO for Cargolux… and more

The Board of Directors of Cargolux today announced several appointments and promotions, including the hiring of Dirk Reich as President and CEO. We’ll get to the rest of the announcements shortly, but first, some background… In 2013, Luxembourg-based Cargolux outperformed the industry by a huge margin, and is expected to report a 19% increase in […]

Decision time for the EU on emissions tax

Two years ago, when the EU attempted to impose an emissions tax on the full length of flights to and from Europe, it met with massive outrage from other countries, to the point that China froze the purchase of almost thirty aircraft ordered from Airbus. In late 2012, bowing to pressure from the aerospace industry, […]

Musical chairs for all-cargo execs

When Robert van de Weg and Peter van de Pas resigned from their senior positions at Cargolux over disagreement with the Board’s decision to sell a 35% stake in the carrier to China-based HNCA, the air freight world was immediately awash in speculation about their respective futures. These were two of the most knowledgeable and […]

Grim prospects for widebody freighters?

As we have reported many times, the combination of high fuel costs and low inventory carrying costs for shippers in the current interest rate environment, has made surface transport much more attractive. While this has negative implications for the air freight industry as a whole, the mood at the ISTAT Americas conference this week regarding […]

Cargo leads AA integration

LOS ANGELES — American Airlines has designated its cargo unit to lead its brand and operational integration with US Airways. “We expect to be on a single air waybill well before the FAA approves our Single Operating Certificate,” said Robert D. Isom Jr., COO of American Airlines, at the IATA World Cargo Symposium this week. […]

The end of globalization growth?

I read an interesting article today, posted in the economic analysis section of the CNN website. The piece was inaccurately titled “Have we reached the end of globalization?” I say inaccurately, because the authors were not suggesting that globalization was doomed, but rather were asking whether we were reaching the end of growth in globalization. […]

Best wishes from Cargo Facts

Just a short post to send good wishes to all of you for the holiday season, and for a successful and rewarding year in 2014. This is also a good time to remind all you pilots out there to take extra care tonight, as there may be some unusual air traffic about. And remember: Join […]
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