How some PAX airlines have fallen down in cargo
Major airlines’ financial results for 2020 have revealed both how they viewed cargo, and how ...
ZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED LOW: TRADING UPDATEHD: TARIFF IMPACTPLD: BEST PERFORMER ON SELL-SIDE BULLISHNESSZIM: TRADING UPDATECHRW: INSIDER SELLS STOCKCHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCING
ZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED LOW: TRADING UPDATEHD: TARIFF IMPACTPLD: BEST PERFORMER ON SELL-SIDE BULLISHNESSZIM: TRADING UPDATECHRW: INSIDER SELLS STOCKCHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCING
Not freight exactly, but a good comment piece from ATW’s Karen Walker (who is always worth a read if you are interested in airlines) on Delta’s withdrawal from Atlanta-Dubai. The US carrier lays the blame squarely on overcapacity, caused by “government-owned and heavily subsidized airlines” in the Middle East. But, as Ms Walker points out, none of the Gulf Three operate to Atlanta. She argues coherently that, in fact, Delta’s network is missing the sub-continent, which is the real destination rather than transit points in the Gulf, and notes that Qatar, which launches Atlanta next year, “will make a go of it”.
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