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2010 loss forecast cut in half

11-MAR-2010: PREDICTED losses for the aviation industry in 2010 have dropped to US$2. 8 billion compared to the $5. 6 billion loss forecast in December last year. Loss estimates for 2009 have also dropped, to $9. 4 billion... read more

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NEGOTIATIONS have broken down between British Airways (BA) and its cabin crew union, Unite. Union leaders are meeting now to discuss whether to call for a strike or not.

FRENCH international logistics company, Gefco, has signed a deal with Air China to block book belly capacity on inbound and outbound flights with the carrier.

ALL-cargo carrier Great Wall Airlines (GWL) is assuring customers that a recent change in majority ownership will not affect the company’s operations.

THE US has admitted that it will miss the August deadline to screen 100 per cent of bellyhold cargo on international flights.

Peter Conway Interviews...

Jim McKeon

Asia to Latin America traffic, new specialist products and a customer relationship management system are all part of the strategy, as Jim McKeon, Jack Boisen’s successor, steers Continental Airlines cargo through the downturn

 

ANY cargo boss who took up their post in the past couple of years has had a baptism of fire in their new role, and Jim McKeon, senior director of cargo at Continental, is no exception.

It might have already been daunting enough stepping into the shoes of Jack Boisen, one of the most prominent figures in the airfreight industry, who retired in July 2008 after 14 years in the job, but McKeon then had to pilot the airline’s cargo business through the worst downturn in living memory.

As it is, Continental has emerged from the past year with a respectable set of cargo figures, following a trajectory common to much of the industry. That includes a sharp fall in traffic in the first half of 2009 – in February freight tonne kilometres were down 25.4 per cent, and then a recovery into positive territory from September onwards.

November saw a year-on-year rise of 16.5 per cent and December 35 per cent, and the carrier ended the year with its cargo...>> MORE