trex8
Topic Author
Posts: 4658
Joined: Sat Nov 02, 2002 9:04 am

SQ Cargo Cuts 20% Capacity

Thu Feb 23, 2012 8:59 pm

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.
 
ikramerica
Posts: 13808
Joined: Mon May 23, 2005 9:33 am

RE: SQ Cargo Cuts 20% Capacity

Thu Feb 23, 2012 11:59 pm

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.
 
trex8
Topic Author
Posts: 4658
Joined: Sat Nov 02, 2002 9:04 am

RE: SQ Cargo Cuts 20% Capacity

Fri Feb 24, 2012 7:52 am

CI to take 3rd 744F out of service this summer
http://www.taipeitimes.com/News/biz/archives/2012/02/24/2003526206
 
PanHAM
Posts: 8638
Joined: Fri May 06, 2005 6:44 pm

RE: SQ Cargo Cuts 20% Capacity

Fri Feb 24, 2012 8:19 am

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.
powered by Eierlikör
 
CX Flyboy
Posts: 6056
Joined: Sun Dec 26, 1999 6:10 pm

RE: SQ Cargo Cuts 20% Capacity

Fri Feb 24, 2012 10:55 am

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.

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos