UK's wide range of trading partners may soften impact of a no-deal Brexit
Britain’s wide range of trade relationships may insulate it from some fallout from a no-deal ...
Cargologicair is due to receive its third aircraft this week, a 747-400F previously operated by Centurion, in what appears to be a bumper week for freighter deliveries.
Silk Way West Airline’s fifth 747-8F recently made its inaugural flight from Boeing’s plant to its Baku hub and will go into service on 20 April as the carrier’s second scheduled weekly flight out of Chicago.
AirBridgeCargo (ABC) has also greeted a new aircraft, a 747-8F straight from the assembly line, on lease from Intrepid Aviation. One more from Intreprid is due to arrive by the year-end, along with two pre-owned 747-8Fs from BOC Aviation.
Cargologicair (CLA) currently has two 747Fs flying on ACMI contracts for ABC, and operating global charters. It said it planned to announce new routes in the near future.
CCO Steven Harvey told The Loadstar: “We are still assessing every opportunity out there
“We have a strong and growing demand for our ACMI product as well as consistent requests for charters. In addition, we are also looking at the opportunities available to us as a UK carrier, and which routes are most financially viable.”
He added: “Every airline with freighters has to be agile and constantly reassessing its network to ensure it is generating the best return, and also providing the capacity when and where customers most need it.”
After being awarded its AOC in early 2016, Cargologicair initially operated to Africa, and while it enjoyed “fantastic southbound support”, lack of yields due to overcapacity northbound made the route unviable.
“We would look at it again because we had a lot of fantastic customer support, but the market conditions weren’t quite right,” said Mr Harvey.
“Just like any airline, we have to be cost-effective to attract customers. You have to constantly assess; you can’t just do what has always been done. Markets change and our customer requirements are constantly changing too. So we have to be flexible and do what our customers want.”
The UK carrier is looking at all options, including closer cooperation with other airlines.
“When airlines talk to airlines, you have to assess the networks and make sure you are complementary,” said Mr Harvey.
Like other carriers, CLA had a strong third quarter, which, said Mr Harvey, “has carried over”.
He added: “We are not sure yet whether the strong market was influenced by outside considerations – or whether it is strong demand for air cargo.”
The political climate is another consideration for the airline, said Mr Harvey. He is hoping to see the UK Civil Aviation Authority working closely with carriers to understand the ramifications of Brexit.
“That will be the key to success,” he said. “It will be interesting. In any business, if the regulatory authorities and companies work closely together you get a better understanding of what everyone wants to achieve. That’s the way forward.”
CLA has a three-year plan to operate a fleet of five aircraft.
“We want to grow in an orderly fashion but we don’t want to overstretch ourselves, so there is no date yet for the next aircraft,” said Mr Harvey.
The airline recently operated charters for flowers from Colombia in advance of the UK Mother’s Day. It also said it was focusing on the aerospace market, one of the UK’s biggest industries.
Ethiopian Airlines, meanwhile, appears to have found a niche on the elusive Africa-Europe tradelane. It announced this week that it would operate freighters to Milan and Zaragoza, the home of Spanish garment retailer Inditex.