TN486 From Australia, joined Jul 2008, 1000 posts, RR: 2 Posted (6 years 8 months 1 week 6 days ago) and read 1819 times:
I have been reading recently in many forms of the media and internet about the contraction of air freight worldwide, and have mused over what this contraction is doing to cargo fleets on a global scale. I would be interested in hearing from some "in the know" as to the number of ac, and types that may have been put out to pasture in some form or another.
[Edited 2009-01-31 03:18:46]
remember the t shirt "I own an airline"on the front - "qantas" on the back
PanHAM From Germany, joined May 2005, 10401 posts, RR: 32
Reply 1, posted (6 years 8 months 1 week 6 days ago) and read 1799 times:
The air cargo "contraction" is a very recent event, starting in November and continuing in December 21008. Usually, over the holidays, flights are cancelled anyhow and during this Christmas new years holidays, there may have been some more cancellations but it is too eraly to make a decision of parking aircraft.
Predictions are that the slow down lasts until June / July. Lufthansa Cargo just applied for short-time work for their 2500 employees. I was at the LCC on Wednesday around 5 pm and the clean, empty cargo receiving warehouse was scary indeed. same experience on Thursday taxying out on a flight to LHR, the number of MD11Fs in LH colours parked at the LCC was unusually high, plus 2 Jade 744Fs.
However, many large firms just closed or applied for short time work as well between November and February. Only natrural that less freight is on the market.
The overall invcrease of 5% annually over three years is still valid. A downturn is followed by an upswing, the question is when this will happen.
Where is WILCO737? he may have better information.