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

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 of the year, it was that […]
  • David Harris
  • November 5, 2015

A new partner for lonely ABC?

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-Dnepr Group, Alexey Isaikin, is a […]
  • Alex Lenanne
  • October 13, 2015

China’s economy and the air freight industry

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” if you wish, although “facts” […]
  • David Harris
  • August 27, 2015

EU carriers continue to struggle

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 these once-mighty cargo operations have struggled […]
  • David Harris
  • August 3, 2015

FedEx takeover of TNT enters Phase II

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, the proposed transaction is also being […]
  • David Harris
  • July 31, 2015

All-cargo vs combination carriers

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. A spokesman for Lufthansa Cargo […]
  • Alex Lenanne
  • July 15, 2015

Don’t point your finger at China…

“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 wiped $3.2 trillion off the value […]
  • David Harris
  • July 8, 2015

Be careful what you wish for

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-Dutch giant Air France-KLM) that government […]
  • David Harris
  • May 21, 2015
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