Virgin Atlantic Cargo axes Shanghai route over cost concerns
Not even boundless volumes of ecommerce could save Virgin Atlantic’s Shanghai route, as higher costs ...
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
China’s civil aviation authority has warned that cargo airlines may have to move out of Shanghai’s Pudong and Hongqiao airports owing to increasing volumes. Instead, they will be moved to Jiangsu or Zhejiang provinces as passenger numbers surge in Shanghai. Cargo turnover has tripled in the past 30 years while passenger traffic at both airports combined is expected to rise from 80m to 120m by 2020. Low cost carriers and private jets will also be expected to move.
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