Air cargo capacity squeeze could linger 'until the end of the decade'
Air cargo’s capacity shortage “will not be resolved any time soon”, and could linger “until ...
ATSG: UPDATEMAERSK: QUIET DAY DHL: ROBOTICSCHRW: ONE CENT CLUB UPDATECAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS
ATSG: UPDATEMAERSK: QUIET DAY DHL: ROBOTICSCHRW: ONE CENT CLUB UPDATECAT: RISING TRADEEXPD: TRUMP TRADE LOSER LINE: PUNISHEDMAERSK: RELIEF XPO: TRUMP TRADE WINNERCHRW: NO JOYUPS: STEADY YIELDXPO: BUILDING BLOCKSHLAG: BIG ORDERLINE: REACTIONLINE: EXPENSES AND OPERATING LEVERAGELINE: PIPELINE OF DEALS
El Al looks set to enter an already competitive marketplace with a freighter service, primarily between Tel Aviv and Liege.
The route has thus far been the main market for Israel’s CAL Cargo Airlines and its European sister, ACE Belgium Freighters, with some four 747 freighters operating the route frequently.
But El Al has contracted Atlas Air to operate a 747-400F on its behalf, re-entering the freighter market.
In an Atlas Air press release, the carrier says the aircraft will offer “capacity on significant routes, mainly Liege-Tel Aviv”.
It added: “The 747-400 will provide additional revenue cargo volume to serve the strong growth in demand across El Al’s freight network.”
ACE Belgium Freighters offers capacity on its one 747F from its Liege base to destinations including Tel Aviv and New York. CAL offers similar destinations with its three 747Fs, including Atlanta, Oslo, Houston and Larnaca.
Ronen Spira, head of El Al’s cargo division, said: “This strategic initiative with Atlas Air enables us to provide our customers with a stable and high-quality operation for all types of cargo. Atlas Air’s fleet of 747 aircraft is well-suited to support El Al’s operations and schedules.”
In a twist to the tale, CAL Cargo Airlines is looking to expand into the passenger sector, and has applied for a passenger licence from the civil aviation authority. According to Israeli media, it will not market passenger services directly, but partner with Classic Air, which markets charter flights to tour operators.
Comment on this article
Fabian
January 09, 2020 at 9:28 amwhy is this service stated as “new” ?
when ELAL did stop flying its own 74F aircraft, they immediately contracted with other 3rd party to do their LGG-TLV leg
but since JAN2020 they changed operator to Atlas. so there is nothing special or new 🙂