Newsletter – October 30, 2018
AIR FREIGHT UPDATES
Turkmenistan lures airlines with promise of cheaper fuel
The government of Turkmenistan has announced it will offer preferential fuel prices to all airlines that choose to use the country’s airports for technical stops between Asia and Europe. According to the government’s website, Cargolux (CV, Luxembourg) became the first carrier to enjoy such discounts on October 1, 2018. Read more here.
Brussels Airport Baggage Strike Continues
A strike by baggage handlers at Brussels Airport is causing some flight cancellations and is likely to continue into Tuesday. Read more here.
AirBridge no longer just a boutique Russian air cargo carrier
AirbridgeCargo (ABC), has come of age. ABC, known mostly for its heavy lift capability, particularly the massive Antonov 124s, is part of the Volga-Dneper comprised of three cargo airlines: Volga-Dneper, AirBridge, and Atran. Read more here.
OCEAN FREIGHT UPDATES
Mixed fortunes for OOCL in Q3 as liftings and revenues rise, but so do costs
OOCL increased carryings by 6.9%, year on year, in the third quarter, to 1.7m teu, while improving turnover by 7%, to $1.56bn.
However, the carrier experienced sharply contrasting fortunes on its transpacific and Asia-Europe tradelanes. Read more here.