AirBridgeCargo dropped in favour of Red Wings and Sky Gate
AirBridgeCargo (ABC) may have dodged a bullet by giving up its two planned Il-96-400Ts to ...
KNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORSCHRW: UPGRADES FROM THE BEAR CAMPPLD: PREPARED REMARKS PLD: LITTLE CHANGED AAPL: CHINA SMARTPHONE SALES PLD: TRADING UPDATEDSV: BLACKROCK HOLDING UPDATE
KNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORSCHRW: UPGRADES FROM THE BEAR CAMPPLD: PREPARED REMARKS PLD: LITTLE CHANGED AAPL: CHINA SMARTPHONE SALES PLD: TRADING UPDATEDSV: BLACKROCK HOLDING UPDATE
CargoForwarder has an interesting interview with AirBridgeCargo’s vice president Europe. While it mostly skirts around ABC’s well-documented financial problems, it does reveal its new strategic plans, which include ending non-profitable routes and focusing on higher-yielding cargo. There is little, however, on ABC’s capacity plans, other than an indication that, as expected, the carrier will defer, at the very least, the introduction of three 777 freighters into its fleet, originally slated for the new year. According to market players, there has also been a suggestion that ABC may look to cut its 747 fleet as it tries to ensure itself a stable future.
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