Air cargo spot rates hit 2024 peak, while Vietnam becomes a hotspot
Air cargo spot rates have risen to their highest level this year, despite the recent ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
The Hungarian government, stung by criticism that it was unable to procure air freight capacity during the PPE peak, has bought an A330-200F from Qatar Airways.
Qatar has been looking to relinquish its A330 freighter fleet, and was due to return or sell the five aircraft – but decided in May to hold on to them for a bit longer, given current market conditions. It was planning to replace them with five 777 freighters, and will still take those deliveries.
However, clearly the offer from Hungary was too good to miss out on.
The Hungarian aircraft will be leased to WizzAir when not in use by the government – which looks to be a slightly odd move by the low-cost carrier, which has a fleet of A320s and A321s and does not appear to offer a cargo service.
Comment on this article
Rayhan ahmed
September 09, 2020 at 2:46 pmWhy do the Hungarian govt require a A330 F
In what capacity and why … Ok if it was
Heading towards wizz air Dubai then I could
Make some head or tail out of it .