Airlines make freighter and aircraft capacity moves
There has been a raft of freighter and aircraft news this week, as airlines work ...
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
It looks like it’s all change at Kenya Airways. Following a $251m operating loss for the year ending March 2015, the airline is scrabbling for cash and plans savings of $200m. It has sold land; scrapped plans to invest in its Nairobi hub, which would have improved its cargo facilities; sold airport slots, including at Heathrow, netting it $30m; and has announced plans to cut 600 workers. It has not yet stated which divisions will lose out, and is currently in discussions with unions. The carrier has also made changes to its fleet to cut $7m a month in costs. It has reduced the number of aircraft from 52 to 36 – including removing five 777s, and two 787s.
Meanwhile, 36 other transport providers have applied to operate flights in Nairobi, including Global Africa Aviation, the re-incarnation of Avient/AV Cargo, which wants to operate between Harare and Nairobi, according to local media.
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