Capacity crunch: which airlines have been adding air freight capacity?
The air cargo market has been in recovery mode for about a year now, with ...
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BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
Some movement in airline alliances today. Latam has applied for antitrust immunity for joint-ventures with both IAG and American Airlines. While cargo doesn’t appear to be mentioned in the deal, IAG Cargo has recently set up several freight partnerships, and Latam could be a nice fit. Separately, however, all is not well in AA’s and IAG’s alliance, oneworld. Fellow member Qatar Airways is getting understandably irritated with AA’s position on the Gulf carriers. Outspoken CEO Akbar Al Baker told media this month: “We could form our own mini-alliance if we wanted to.” Qatar Airways, of course, owns 10% of AA partner IAG.
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