EU Airports on track for strong 2016

EU air cargo volumes remained buoyant into the month of November, with exceptions such as Frankfurt reflecting a pilot’s strike, rather than long-term downturns. In the UK, Heathrow’s cargo volumes rose 4.4 percent year-on-year (y-o-y) making it Britain’s largest port, with almost 30 percent of UK exports by value. Heathrow did brisk trade with China, […]

Tough market pressure lowers IAG Q3 operating profit

For the last three months, IAG Cargo saw cargo tonne kilometers rise 5.4 percent, year-over-year, to 1.3 billion, while total tonnes of cargo carried fell 18.8 percent, y-o-y, suggesting that the carrier flew less volume longer distances. This, and other factors, led to a third-quarter decline in operating profits of €1.21 billion before exceptional items […]

Expand Heathrow or lose business, FTA warns, as decision looms

Great Britain will lose airfreight and other related business to the European Union if it fails to remain “connected with its world markets through a global hub,” the U.K. freight advocacy group Freight Transport Association (FTA) warned. Translation: Make a choice between expanding Heathrow or Gatwick, post-haste. “In a post-Brexit world, Britain cannot rely on […]

U.K., China clear unlimited cargo flights

An agreement last week to remove limits on the number of cargo flights between the United Kingdom and China is an encouraging signal that post-Brexit policy makers are serious about exploring, or expanding, trade routes outside of the Euro zone. Additional flights “will provide massive opportunities for our businesses, helping increase trade, create jobs and […]

IAG Cargo inaugurates London-Tehran service

Tehran’s re-integration into the global economy is driving demand for air cargo, said IAG Cargo, which today launched six flights per week to and from Iran. The route will be served by a British Airways 777-200 aircraft, with belly-hold capacity for six pallets and up to 20 tonnes of lift on each flight. IAG Cargo […]

U.K.-based carriers, airports search for Brexit signs

Last month’s British vote to bow out of the European Union has unleashed political turmoil across the nation. In the logistics industry, responses to the “Brexit” have been less dramatic, but operators are bracing themselves for tough and uncertain times ahead. Initial reactions showed consternation and confusion in the face of an outcome that had […]

Can London’s mayor break the airport expansion logjam?

Who says the Brits can’t make a decision on airport expansion? London’s new mayor, Sadiq Khan, who took office in May, has dropped his predecessor’s objections and approved the expansion of London City Airport. The airport has been granted planning permission for its $451.3 million expansion, allowing it to increase passenger traffic from 4.3 million […]

Air France-KLM Cargo still posting losses in first half of 2016

It’s been a year already scarred with bad economic and political news in France and much of Western Europe, and it has so far been reflected in the first-half figures from Air France-KLM Cargo, which saw freight volumes fall 6.5 percent to 558,000 tonnes, year-over-year. Cargo revenues for the first six months of the years […]

U.K. politicians say further delay on airport expansion costly

Politicians anticipating a long-awaited decision on an expansion of either Heathrow or Gatwick airports have turned up the heat on the U.K.’s new Prime Minister, Theresa May. A report by a cross-party Commons body claims that vacillation over a new runway is costing the UK up to US$7.9 million a day. The pressure has been […]

U.S. hedge fund submits plans to resurrect Manston Airport

U.S.-based hedge fund RiverOak has submitted an outline for its plans to redevelop Manston Airport in the southeast of the U.K. The plans will be opened to public comment later this month, according to local media. RiverOak says it will reveal more details regarding its plans for freight operations at the airport, but that the […]

Europe air cargo numbers rise in May

An ACI report released yesterday revealed that airfreight traffic across the European airport network grew by 2.8 percent in May. However, the fortunes of the EU airports were the extent of the good news, accounting for 3.8 percent of growth, while non-EU airports registered a 4.4 percent decline. Across Europe, results were mixed. The largest […]

Heathrow non-decision angers airfreight groups

The British government has kicked the proverbial can down the road yet again, deferring the decision on the Heathrow Airport expansion until October of this year. The latest excuse? The Brexit, of course. Prime Minister David Cameron was expected to make a decision this month on whether or not to expand either Heathrow or Gatwick […]

BIFA to Cameron: Stop delaying Heathrow expansion decision

Brexit or no Brexit, the British International Freight Association (BIFA) has had enough. In an urgent message to the British government, BIFA said Prime Minister David Cameron’s administration, before it steps down in September, must stop delaying and move forward with the recommendations made by the Airports Commission by building more capacity at Heathrow Airport. […]

Signs of post-Brexit turbulence ahead for U.K. airfreight

Shortly after the last votes were counted last Thursday, favoring the U.K.’s exit from the European Union by a margin of 52 percent to 48 percent, a slew of graphs appeared online parsing out the nuances of the complicated event. Examined in conjunction, the numbers uncovered some startling trends – most of them troubling for […]
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