More forwarders expand airfreight operations as capacity outlook remains uncertain
Geodis and DSV are the latest freight forwarders to secure air cargo capacity as they note an uncertain supply outlook. Geodis said that as a result of a short supply of both freighter and passenger bellyhold space, it had taken the decision to announce a permanent weekly freighter charter operation on the Asia-Europe trade through to early 2021. This would guarantee customers a regular and reliable service, it
MoreThe Covid vaccine distribution challenge facing supply chains
In recent weeks and months, both positive and negative reports have appeared in the international press about the rat race for an effective Covid-19 vaccine. Almost all newspapers and magazines make a new ranking every month of which company will be the first to market an approved vaccine. To give the population a perspective and hope, governments communicate that they have already reserved millions of doses from various producers
MoreCathay to park 40% of fleet in long-term storage overseas
By Alfred Chua, FlightGlobal, and Damian Brett Beleaguered Cathay Pacific will move about 40% of its fleet to long-term storage locations overseas, as it adjusts downwards its forecasted capacity for the coming months. In its monthly traffic results for August, Cathay confirmed that it is parking a significant number of aircraft overseas, given that it “will be operating just a fraction of our services in the foreseeable
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