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Economy: Air France/KLM Cargo results raises questions on market outlook |
The French/Dutch carrier reported yesterday mixed January results as it’s cargo business declined almost one tenth down to 801 FTK. Utilisation dropped by 3 per cent down to 61.4 per cent at the same time.
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Carriers - Richard Forson is new CFO at Cargolux |
Cargolux Airlines International has appointed Richard Forson as Chief Financial Officer, effective 1 February.
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Associations - Global Air Cargo Advisory Group hits EU carbon tax, wants ICAO rules to rule |
Global Air Cargo Advisory Group (GACAG) is demanding industry and government support of the UN's International Civil Aviation Organisation (ICAO) commitment to establish a plan to regulate global airline emissions by the end of the year.
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Associations - IATA: December rebound on air cargo volumes after lacklustre 2011 |
December is the only bright spot on 2011's air cargo volumes after declines for the year despite some reduction in freighters in the global fleet.
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Carriers - Malev ceased flying |
Malev Zrt., the state-owned Hungarian airline founded in 1946, ceased flying after the government withdrew financing, becoming the second victim of European austerity measures in a week after the collapse of Spanair SA.
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