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Arrow Cargo Coming Back    Miami based Arrow Cargo took delivery of its third DC10 freighter, closed on a long term lease agreement for a 4th DC10 and acquired a new warehouse and office complex at Miami International Airport earlier this month.    Mark that as a big return for a legendary name in Latin American air cargo service.    Since last October Arrow has added an average of one aircraft per month and continues the course with a fourth DC10 being leased from its affiliate, Miami Leasing, LLC.    “Cargo capacity of the DC10 allows for operating at maximum payload on the majority of the dominant trade lanes of South and Central America said Arrow Cargo’s President, Frank Visconti.    The addition of the new warehouse and office complex creates an air cargo logistics center of more than 240,000 square feet.    With more than 600 employees in Miami Arrow will now operate out of three facilities at MIA.    “This series of transactions accelerates and certainly provides a clear illustration of our strategic plan to afford more efficient, quality services to our clients,” Mr. Visconti said.    The new cargo facility was purchased by San Francisco-based AMB Property and Coral Gables-based Codina Group.    Arrow Cargo’s Executive Chairman, Guillermo (Willy) Cabeza told ACN:    “Codina and AMB proved to be fantastic partners in facilitating this transaction.    “We look forward to working with them in the future as we continue Arrow Cargo’s development.”    Arrow Cargo said that it currently moves over 1,000,000 pounds of freight per day and is the only U.S. registered heavy freight carrier at MIA providing comprehensive air cargo services between the U.S. and the Caribbean and South and Central America.    Arrow Cargo provides overnight air cargo delivery services to more than 3,500 customers worldwide, including international and domestic freight forwarders, integrated air carriers, passenger and cargo airlines, the U.S. Department of Defense and the U.S. Postal Service.    Contact: (305) 876-3235 or www.arrowcargo.com.

American Lands In Post Office Dead Letter Box
As of Saturday (February 12) U.S. Postal Service suspended its contract for domestic mail delivery with American Airlines, stating that the world’s largest carrier isn’t efficient enough to deliver the mail.
  Mail delivery won’t be affected for consumers, post officials say.
  The suspension affects all mail carried by the airline to the cities it serves in the United States.
  American carries about 10% of the nation’s domestic mail, including letters and small packages.
  Other airlines under contract with the postal service are picking up the excess.
  Jim Quirk, a spokesman at USPS Washington headquarters told the Dallas Fort Worth Star–Telegram “They (AA) were not meeting the goal of on-time performance.
  “We gave them time to meet goals and they didn’t.”

Atlas By The Numbers

  Atlas said that is doesn’t expect to file a federally mandated annual report (Form 10-K) for 2004 with the Securities and Exchange Commission before May.
  Form 10-K is a broad overview of a company's financial condition and audited financial statements.
  Atlas Air, which came out of Chapter 11 bankruptcy reorganization last July, said that it expects to report operating income for 2004 in the range of $56 million to $74 million.
  That represents an improvement from an operating loss of $6 million for 2003.
  Atlas CEO Jeffrey H. Erickson (left) said, "We are pleased by the anticipated improvement in our operating profitability for 2004.
  "It is a function of the financial and operational restructuring efforts that we initiated in 2003 and continued in 2004, as well as the general improvement in demand for global air cargo services in 2004."

Q-Post will launch personalized postage stamps in aid of Tsunami Relief at the World Mail, Express & Air Cargo Expo next month, held at the Dubai World Trade Center March 1-3. World Mail, Express and Air Cargo Expo is jointly organized by Middle East and Africa Triangle Management Services and Dubai-based Streamline Marketing. It is the first event of its kind in the region. Key figures attending and speaking at the opening of the conference include H.E. Sultan Saeed Al Mansoori, the UAE Minister of Communications, and Abdulla Ibrahim Al Daboos, Director General of the host sponsor, Emirates Post. Sponsors include FlyingTypers, Aramex, DHL, FedEx, TCS, Qatar Post and Dubai Cargo Village.

Who's Laughing Now?

  Starting March 29th, Emirates Sky Cargo and SAS Cargo will extend their all-cargo partnership, with additional freighter service between Dubai-Gothenburg and Dubai-Hong Kong.
  Emirates will fly its Boeing 747-400F to Gothenburg every Tuesday, Wednesday and Saturday and to Hong Kong every Tuesday, Thursday and Sunday in partnership with SAS Cargo.
  The additional frequencies put EK freighters into Scandinavia (Gothenburg) five times weekly, twice weekly to New York on Saturday and Wednesday, and thrice weekly to Hong Kong.

 World Bank (WB), which is conducting a study on how to build up international trade, said in a meeting with Bangladesh Export Promotion Bureau (EPB) that corruption in clearance of imported goods, excessive delay in receiving payment of paid duty, bureaucratic complexity in decision making, infrastructure inadequacies relating to high rate of electricity and high cost of finance are barriers to developing international trade in Bangladesh.
  EPB thanked the WB for carrying out the study, noting trade impediments which include certification problems for export of fresh vegetables and frozen foods, tariff and non-tariff barriers imposed by importing countries, air cargo capacity problem, and the non-acceptance by foreign airlines operating in Bangladesh to carry perishable cargo.
  EPB plans full report of findings later this year.
  We wonder: could it get any worse?

Snazzy livery for Spice Jet order of new B737’s which Boeing announced last week (February 9).
Deal for ten Next-Generation 737 airplanes is valued at $630 million. Spice Jet has options for ten more. First delivery is scheduled for 2006.