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The Cargo Letter
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Section A: Section: Trade, Financial & Inland News
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Section B: FF World Air News |
Section C: FF World Ocean News | Section
D: FF in Cyberspace |
Section E: The Forwarder Broker World
Freight Forwarder World Air Briefs
- Worst Ever Year ........
as the 46th edition of IATA's World Air
Transport Statistics (WATS) is now published, using data provided by more
than 200 IATA member airlines. It presents a complete statistical picture of
the year 2001 - the worst in the history of air transport. Decline in the
freight market was more severe than the 3.3% drop in passenger numbers;
freight tons carried by IATA members on Int'l scheduled services fell by
nearly 7%. The combination of reduced traffic, falling yields & rising unit
costs, with capacity only marginally reduced, produced a net loss of US$12Bn
on Int'l scheduled services.
- New IATA Tariff -- Hidden Increase? ........
as the Int'l Federation
of Freight Forwarders Assn.s, better known as FIATA, & the European Shippers'
Council have criticized a decision of the association of airlines, the Int'l
Air Transport Association, to change its standard for setting rates of volume
cargo, the so-called density rules. The airlines association wants to change
the basis of airfreight tariffs from one metric ton per 6 cubic meters to one
ton per 5 cubic meters. The change of the tariff standard, subject to
approval of various regulatory authorities, would become effective in Oct. &
could increase freight rates by more than 20%.
- Air China To Build Biggest Airfreight Concern ........
as the
registered capital for a new joint venture will be US$270M with Air China as
the biggest shareholder. The joint venture would own 4 Boeing-747 freighters
& employ about 1,200 staff. The route network would reach 29 cities in 19
countries including New York & Frankfurt. The company is expected to be set
up by the end of 2002.
- More China Wings ........
as 6 new aviation groups are expected to be
launched in China in the 2nd half of 2002 in a bid to reform the country's
civil aviation industry & separate state enterprises from the General
Administration of Civil Aviation of China (CAAC). Yang Yuanyuan, director of
the CAAC, said the State Council had approved a proposal to establish the Air
China Group & China Aviation Fuel Group, while proposals to set up China
Eastern Airlines (Group), China Southern Airlines (Group), China Civil
Aviation Information (Group) and China Aviation Supplies Import and Export
(Group) -- were being considered.
- Two For Taiwan ........
as cargo & passenger leaders Dragonair & Eva
Airways have signed an agreement effectively pooling their flights between
Hong Kong & Taipei to more than 60 scheduled trips a week starting Aug. 1.
- Deutsche Post Tightens Grip ........
as Lufthansa Cargo AG is selling
its 25% stake in the DHL Int'l delivery service to Deutsche Post World Net.
- Remember That Little Airport, Heathrow? ........
as Stansted
Airport is to be bigger than Heathrow with at least 6 new runways to be built
around Britain under UK government plans to cope with a huge surge in the
number of air passengers over the next 30 years.
www.timesonline.co.uk/article/0%2C%2C2-364094%2C00.html
- Gold In Those Runways? ........
as Macquarie, the Australian
investment bank, completed its 4th airport acquisition in 18 months when it
bought a 44.7% stake in Aeroporti di Roma for 480 million Euro, from Leonardo
Holdings, a consortium of Italian companies, which retains a 51% stake.
- FedEx Arrives A Lttle Early ........
as it's B-727 freighter crashed
& burned short of the runway July 26 at the Tallahassee airport, but the 3
member crew escaped injury. The plane was carrying the paperwork of several
candidates who were rushing to meet a noon filing deadline to run for office
in Florida. After the crash, Gov. Jeb Bush signed an executive order setting
a new deadline for those candidates. The flight from Memphis, Tenn., went
down a half-mile short of the runway before daybreak. Cause of the crash was
not immediately known. State Elections Director Clay Roberts said he had
spoken to 7 candidates, primarily running in legislative races, who said
FedEx told them their paperwork was probably on the plane.
- UPS Likes Douglas On The Long Haul ........
as it replaced one of its
daily 747-200F flights between Hong Kong & the U.S. with an MD-11F, beginning
July 21. While the MD-11 is a smaller aircraft, UPS says it will be able to
get a higher payload because the MD-11 is a more efficient aircraft. It can
fly direct from Hong Kong to Anchorage, avoiding a refueling stop in South
Korea. UPS said the MD-11, 1 of 3 now in the UPS fleet, will have a payload
of about 155,000 pounds, compared to 115,000 pounds on the 747 if it were to
fly nonstop from Hong Kong to Anchorage.
- LanChile Cargo Gets The Goods To Europe ........
as it has signed an
agreement with Lufthansa Cargo to cooperate in the air cargo market between
Europe & South America. Starting this Oct, Lufthansa Cargo will be flying
MD-11F freighters 5 times per week from Frankfurt to Sao Paulo, including 2
flights operating via Rio de Janeiro and 2 via Buenos Aires. LanChile Cargo
will have a permanent capacity allotment on these services in both directions.
- AirTrain JFK On Track ........
as the US$1.9Bn light-rail system is
nearing completion, with service set to begin at John F. Kennedy Int'l
Airport in the 4th quarter of this year. The journey from midtown Manhattan
to the Central Terminal Area will take about 50 minutes using the MTA's A
subway line to connect to AirTrain JFK at the new Howard Beach AirTrain
Terminal. The entire elevated concrete guideway structure for the system is
complete, and construction of power substations also is substantially
complete, with work on 5 of the 7 stations along the system more than 95%
done.
- Air Trucker Cash Machine ........
as Capp Cargo Systems is offering
airport cartage agents a new service that will guarantee they get paid within
30 days, as opposed to the 60 days that it typically takes for airfreight
forwarders to pay them. The service, called Cash30, includes software for
recording transactions & providing proof-of-delivery data to forwarders. The
service will cost agents between 4% & 7% of the revenue for each invoice & is
taken out when the bill is paid to the forwarder. The fee covers invoicing,
collection, financing & software to run the trucker's dispatch operation.
- Long, Long Claudia ........
as Virgin Atlantic Airways showcased its
new aircraft, the Airbus A340-600 at the Farnborough Airshow, England, this
month. Virgin Atlantic is launch customer for the A340-600 which is the
longest aircraft in the world at 247ft (75.3m) -- 16ft (4.8m) longer than any
other commercial plane. The plane is part of a US$1.2Bn order for 10 aircraft
with wings supplied by British Aerospace & engines built by Rolls Royce. The
aircraft was named "Claudia Nine" by supermodel Claudia Schiffer at Virgin
Atlantic's newly built hangar at Heathrow airport -- the only hangar in
Europe specially designed to take the A340-600. The new aircraft features
innovations including a redesigned onboard bar & inflight beauty therapy
area. More, Airbus has won its 1st U.S. order for the A380 superjumbo, as
Fedex said it would buy up to 20 freighter units -- ordering 10 aircraft &
taking 10 options, in a deal that would be worth some US$2.5bn at list prices
-- planning to take delivery of the 1st aircraft in 2008, 2 years after the
555-seat passenger variant is due to enter service.
Please click below for other sections:
Section A: Section: Trade, Financial & Inland News
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Section B: FF World Air News |
Section C: FF World Ocean News | Section
D: FF in Cyberspace |
Section E: The Forwarder Broker World
Written from wire stories, the Associated Press,
Reuters, Hong Kong Shipping News Lloyds & other world sources.
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