US mega-airlines grow cargo volumes, but miss out on ecommerce boom
The three US mega-airlines – Delta, United and American – expanded their cargo traffic in ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Poor Air France-KLM reported another miserable result in cargo, citing a “challenging cargo operating context, marked by structural industry overcapacity”. But while the carriers reported an EBITDA loss of €91m for the quarter, down €11m from the year before, it was encouraged by the reduction in losses over the nine-month period, from -€204m to -€194m. Revenues from cargo were down 16%, both for the third quarter and nine month period, while capacity was down 3.1% and 4.8% respectively, and load factors were down 2 points and 1.4 points.
One MD11 freighter was retired during the first quarter, and two more were phased out in July, reducing the total number of full freighters in operation to six.
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