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Atlas obtains freighter finance

08-FEB-2012: ATLAS Air has landed a US$865 million loan from Apple Bank for Savings to finance its final six 747-8Fs. Three of the first five aircraft in Atlas Air’s order for nine 747-8Fs were delivered to British... read more

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08/02/2012

Red rose race

Roses are red, violets are blue, we’ve got 13 freighters full… Lufthansa Cargo joins the army of carriers shipping roses for Valentine’s Day across Europe.

08/02/2012

JAL cargo down

JAPAN Airlines’ international cargo transported during the first three quarters of 2011 in revenue cargo tonne kilometres (RCTK) declined by 44.2 per cent.

AIR Charter Service has opened its first office in Mumbai, India, offering cargo and passenger services.

KOREAN Air has taken receipt of its inaugural 777F and 747-8F, making it the first carrier in the world to operate both aircraft types.

The Air Cargo News INterview


Bertrand Schmoll


With volumes stagnating and yields falling, might this be a good time for airlines to think about making more use of GSAs? BERTRAND SCHMOLL, head of the global GSA group ECS, certainly thinks so, writes Peter Conway
 


THIS will be an “interesting year” for general sales and service agents (GSSAs) with more and more airlines prepared to think about outsourcing, says Bertrand Schmoll, who took over as chief executive officer (CEO) of GSSA group ECS at the start of 2011.

“It is a question of the cost of having your own team versus the revenue generated,” he says. “If the sales do not justify the costs, then you need a more flexible solution to convert fixed cost into variable cost.”

2011 was not a bad year for ECS, with revenue up...continued