#INTHEAIREVERYWHERE |
Vol. 15 No. 55 | Wednesday
July 20, 2016 |
Dal
joined American Airlines Cargo in 1990 when Bill Boesch
recruited him as VP of Cargo Marketing and Business
Development. Dal’s
last flight home was aboard American Airlines. |
Last January, Chief
Executive of Cathay Pacific Ivan Chu (third left)
and Chief Executive Officer of Dragonair Algernon
Yau (third right) rebranded Dragonair as Cathay Dragon.
Mr. Chu said that this was not a merger, as “Cathay
Dragon remains a separate airline." In
the 12 months leading up through April 2016, Cathay
Pacific and sister carrier Dragonair saw both volumes
and revenue in tons per kilometer drop compared to
the previous year, by some 1.8 percent and 3.4 percent
respectively. This came despite a 2.1 percent year-on-year
tonnage uptick in April that the carrier said was
a “better than expected” performance underpinned
by the capture of shipments out of China and India.
However, although Cathay has ramped up its marketing
efforts, recent reports suggest the company is making
major cutbacks to contain costs, with Chief Executive
Officer Kwok Leung (Ivan) Chu admitting that business
challenges had become more acute in recent weeks,
with continued pressure on its cargo business being
compounded by “a weakening trend in the passenger
business.” |
|
The International
Federation of Freight Forwarders Associations (FIATA)
and The International Air Transport Association (IATA)
have a deal to action a FIATA/IATA Air Cargo Program
(IFACP) to replace the existing IATA Cargo Agency
Program. |
|
|
Cargo
Building 78 at John F. Kennedy International Airport
is reborn as a 178,000-square foot air cargo facility
and animal handling center under 30-year lease from
the airport operator to ARK Management. |
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Vol 15. No. 52 Tough Numbers; Long, Hot Summer Ullrich Met The Challenge Chuckles For July 11, 2016 A Little Morning Music In Milano Oshkosh By Gosh Helluva Air Show |
Vol 15. No. 53 Cargo Powerhouse Easy as ABC Main Deck Cargo Chuckles For July 14, 2016 From Russia With Love CNS Field Of Dreams Feeling Brendan Gill |
Vol
15. No. 54 |
Publisher-Geoffrey
Arend • Managing Editor-Flossie Arend • Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend • Advertising Sales-Judy Miller |
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comments and news to geoffrey@aircargonews.com 100% Green |