Canadian airlines throttle back cargo plans for slower growth
Canada’s leading air cargo carriers have dialled back their freighter fleet expansion plans but still ...
Sadly, KF Aerospace, a freighter operator hoping to capitalise on flows between Canada and Europe with two DC10Fs, has abandoned its Toronto hub and discontinued its operation to Brussels. It was impacted by low yields and volumes, it said. Talking to Skies magazine, director Bryan Akerstream said there was too much belly capacity in the market. “It’s depressing the rates…You need either the volume or the yield, and we were finding we were hit in both areas.” Before setting up the new operation, it had contracts for Canada Post and Purolator but lost out to Cargojet. The airline is now looking at the sale or lease of its aircraft, which include 727Fs, although it will keep operating its remaining contract with Purolator.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Another strong month for US ports as container flows continue to rise
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article