AirBridgeCargo to relaunch with Russian aircraft, amid legal wrangles
AirBridgeCargo Airlines is set to relaunch on 3 June, using two Ilyushin IL-96 freighters. According to ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
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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