Ecommerce and electronics traffic give Cathay Cargo results a lift
Cathay Cargo’s 2024 results were boosted by ecommerce and electronics, giving it a 11% hike ...
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By Alex Lennane
Air France KLM Cargo claims to have turned the tide in its freight fortunes.
But while volumes grew 1.4% in the second quarter, to 286,000 tonnes, they remained flat over the first half, at 558,000 tonnes.
Despite the slight volume rise, revenues fell to €506m in the second quarter, down 0.2%, while they fell 2.5% in the first half, or down 3% like-for-like, to €1 bn.
Capacity, measured in available tonne km (ATK) rose 0.3% in the first half. Unit revenue per ATK fell ...
Comment on this article
Jon Champs
July 31, 2017 at 5:01 pmPlease tell me how buying Virgin Atlantic as stakeholder is going to provide either Virgin Atlantic, KLM or Air France any feeder traffic? It’s an entirely long haul airline, every one of its routes is matched by AF, KLM or in partnership with Delta. This is all about Delta getting indirect full control of Virgin Atlantic. It’s an immunised cartel at the end of the day and not much more.