Air France KLM Martinair Cargo revenue plummets amid soft demand
Air France KLM Martinair Cargo’s revenues declined almost 34% in the second quarter, to Є606m ...
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
Martinair pilots yesterday faced the sad news that about 110 of them will be made redundant. Another 170 ground staff and 50 other personnel will also leave the cargo airline. At a press conference in Amsterdam, the parent group said other jobs would be found where possible in AF-KLM. It would cost the group some €10-15m to find pilots other jobs, said the carrier, so they would likely be made redundant. However, about 85 Martinair pilots will retain their positions – for now.
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