WHEN WILL THE GOOD TIMES OF INTERNATIONAL AIRFREIGHT RETURN?
In my opinion not for a long, long while. Many mature countries like the United Kingdom for instance has for many years seen a shrinking air export market. Sure until a year ago this was offset by surging imports (the bulk of which were from China) but now that the bubble has burst there, U.K. [...]
MEANWHILE BACK AT THE RANCH
Capacity continues to shrink as airline permanently ground large chunks of their fleet. Today Delta announced all seven of the old 747-200 North West cargo fleet will shortly make their last flight; to that graveyard in the Mojave Desert. Only UPS and Kalitta will be left flying the old 747-200 workhorse. The decision of carriers [...]
IT IS BECOMING A CROWDED MARKET
Something has to give. There is no question all cargo-combination, especially Asian carriers, are very worried right now. How are their fleets going to be deployed now China is slowing to a crawl and the world is starting to look inwards for its very survival? It is now becoming clear that globalization has not attained [...]
Qantas’ Woes Continue
October can’t come soon enough for about to retire and embattled CEO Geoff Dickson. Once hailed by many as a “guru” and the savior of Qantas, during their lean times over the past five years, to becoming a pariah by almost succeeding in selling off the airline to a greedy private equity firm in order [...]
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