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Etihad Adds Johannesburg
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Although that deal between the U.S. and Europe to “open skies”
last Friday fell short of opening up for total foreign ownership of U.S.
airlines, the long sought after breakthrough is at hand to liberalize
air services between the U.S. and Europe. The U.S. Cargo Sales Joint Venture, LLC (US JV) based in Atlanta that
is the U.S. cargo sales and marketing organization of SkyTeam Cargo members
Air France, Delta and Korean Air, which began in 2000 mostly as a way
for Delta to get out of that end of the air cargo business, named J.D.
Cha, CEO to replace Bernard Frattini who leaves to work his magic on the
Air France and KLM “Joint Cargo Team.”
Deutschland Uber Fracht Dept.: The requisite majority of Exel shareholders have approved Deutsche Post/ Exel for 3.7 billion EUR. Deutsche Post World Net made its takeover bid for Exel in September.
British Airways World Cargo added five weekly belly services from London Heathrow to Bangalore on October 30, 2005. Bangalore is a key market for British. Kamal Kikani, BAWC commercial manager India and Nepal feels that the new flights compliment the existing schedule and road feeder service, with Bangalore becoming the fifth destination to be served directly from London. “The new services accommodate the growing volumes of cargo in the southern region.” Third party logistics provider and cross-border trade specialist (USA/Canada), Purolator USA, Inc., has been approved to operate under the terms and conditions of the TSA (Thousands Standing Around)) standard security program for Indirect Air Carriers (IAC). What that means is that Purolator with IAC status can negotiate directly with, and tender airfreight directly to commercial carriers. More @ www.purolator.com. Korean Air third-quarter profit rose 80.6% to KRW154.2 billion ($148.1 million) compared to KRW85.4 billion in the third 2004. Ryanair
says its billion dollar commitment to its Frankfurt
Hahn base means that from Hahn 18 aircraft operating more
than 50 routes will move 8 million passengers annually creating more than
8,000 jobs.
"It is a stupid contract but there is nothing I can do about it." SAS CEO Joergen Lindegaard told Financial Times that the airline is looking to sell its 20% stake in bmi. Reportedly losses for the joint-venture (European Cooperation Agreement) it formed in 2000 with Lufthansa and bmi add up to about $350 million. Currently the three airlines, all members of Star Alliance, operate a revenue- and profit-sharing on their European short-haul routes to and from London Heathrow and Manchester. Earlier reports said Lufthansa wants out too. Stay tuned . . . Deutsche
Lufthansa AG said its nine-month net profit through September
was €416 million ($490 million).
Now that some labor issues are straightened out, ACE Aviation Holdings, parent of Air Canada, is going ahead with its previously announced order for 18 777s, some 777-300ERs, 777-200LRs and 777Fs and 14 yet to be built 787s. Airbus delivered 271
aircraft in the first nine months, 21% more than the 224 delivered in
the same period last year, while adding 417 more orders to its order
book, more than double the 189 taken in the year-ago period.
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