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SQ Cargo Cuts 20% Capacity  
User currently offlinetrex8 From United States of America, joined Nov 2002, 3970 posts, RR: 14
Posted (1 year 2 months 3 weeks 6 days 15 hours ago) and read 3964 times:		 Support Airliners.net - become a First Class Member!

http://www.reuters.com/article/2012/...poreairlines-idUSL4E8DM5D320120222

Topic title says it all. Coming on top of CI storing 10% of its 744F fleet (2 planes). Who will be next to cut back ? CX? Victorville may start looking like 08/09 again with a bunch of freighters parked.

4 replies: All unread, jump to last
 
User currently offlineikramerica From United States of America, joined May 2005, 21027 posts, RR: 60
Reply 1, posted (1 year 2 months 3 weeks 6 days 12 hours ago) and read 3624 times:

The new iPad can't come fast enough. That'll keep some 744Fs flying for months.


Of all the things to worry about... the Wookie has no pants.
User currently offlinetrex8 From United States of America, joined Nov 2002, 3970 posts, RR: 14
Reply 2, posted (1 year 2 months 3 weeks 6 days 4 hours ago) and read 3178 times:		 Support Airliners.net - become a First Class Member!

CI to take 3rd 744F out of service this summer
http://www.taipeitimes.com/News/biz/archives/2012/02/24/2003526206

User currently onlinePanHAM From Germany, joined May 2005, 7768 posts, RR: 26
Reply 3, posted (1 year 2 months 3 weeks 6 days 4 hours ago) and read 3071 times:

When combination carriers scale down their freighter fleets, all cargo carriers are even hit harder in times of recession.

Expect the TNT freighters to be parked some time this year once the acquisition b y TNT or FX comes throiugh. FX definately won't need the 744F, UPS eventually.

Anyway, the market will come back again, this is an endless cycle and carriers which are flexible enough to scale down their costs in pair with income survive.


Buten und binnen, wagen un winnen
User currently offlineCX Flyboy From Hong Kong, joined Dec 1999, 6341 posts, RR: 56
Reply 4, posted (1 year 2 months 3 weeks 6 days 1 hour ago) and read 2840 times:

CX have had no indications of storing planes. Having said that, they have delayed two of their 748F deliveries for another year. In the meantime, some 748Fs are still arriving and at the same time some of the older 744BCFs are still being transferred as planned to Air China Cargo. Overall, cargo capacity is still increasing though, and a bunch of cargo flights are being cancelled every week due to weaker demand. Remains to be seen how fleet planning goes although more BCFs may be transferred to Air Hong Kong as their cargo is still doing fairly well.
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