Anticipazione da parte del sito IFW specializzato nel business Cargo, che parla di 1,3 Mld di Euro di perdita nell'anno fiscale che finisce a Marzo 2010, di cui 500 Mln di Euro derivanti dal settore Cargo...
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http://www.ifw-net.com/freightpubs/ifw/article.htm?artid=20017777554&src=rss
Air France-KLM will today announce global losses of around €1.3 billion (US$1.58bn) for the financial year ending 31 March. IFW understands the cargo business alone accounts for €499 million of the total.
The airlines declined to comment on the reports or the annual results, ahead of the official presentation.
The group, comprising Air France, KLM and Martinair, had already posted nine-month operating losses from cargo of €373 million, with a decline of 17.7% and 17.9% respectively in traffic (RTK) and capacity (ATK).
The past two years have undoubtedly been the blackest in the cargo division’s history, the economic downturn having weighed on its traffic volumes as far back as mid-2008.
It is estimated that 700 staff have left Air France-KLM Cargo over the past two years and not been replaced.
The downsizing of the workforce has run parallel with the reduction of the all-cargo fleet to five freighters – three B747-400ERFs and two B777-200Fs – when in the not-too-distant-past it had operated as many as 12.
In September 2009, restructuring efforts were stepped up with the launch of the Cargo Adjustment Programme – the main aspects being a further reduction in capacity and a business model for freight focused more on the bellyhold space of passenger aircraft than freighters.
The key objective being a return to the black for the division by the end of the 2010-2011 financial year.
The programme included the off-loading of two new B777 freighters last winter, before they were even delivered, both of them sold to FedEx.
However, this is said to have led to Air France-KLM Cargo incurring overheads estimated at between €30 million and €50 million, related to storage costs on the aircraft paid to Boeing, as well as considerable other expenses.
The division will have taken some comfort from a 2% rise in traffic (FTK), recorded in March – the April figures having been adversely affected by the disruption to European airspace by the ash cloud from the Icelandic volcano – and is hoping that less turbulent skies lie ahead.
____________________________________
http://www.ifw-net.com/freightpubs/ifw/article.htm?artid=20017777554&src=rss
Air France-KLM will today announce global losses of around €1.3 billion (US$1.58bn) for the financial year ending 31 March. IFW understands the cargo business alone accounts for €499 million of the total.
The airlines declined to comment on the reports or the annual results, ahead of the official presentation.
The group, comprising Air France, KLM and Martinair, had already posted nine-month operating losses from cargo of €373 million, with a decline of 17.7% and 17.9% respectively in traffic (RTK) and capacity (ATK).
The past two years have undoubtedly been the blackest in the cargo division’s history, the economic downturn having weighed on its traffic volumes as far back as mid-2008.
It is estimated that 700 staff have left Air France-KLM Cargo over the past two years and not been replaced.
The downsizing of the workforce has run parallel with the reduction of the all-cargo fleet to five freighters – three B747-400ERFs and two B777-200Fs – when in the not-too-distant-past it had operated as many as 12.
In September 2009, restructuring efforts were stepped up with the launch of the Cargo Adjustment Programme – the main aspects being a further reduction in capacity and a business model for freight focused more on the bellyhold space of passenger aircraft than freighters.
The key objective being a return to the black for the division by the end of the 2010-2011 financial year.
The programme included the off-loading of two new B777 freighters last winter, before they were even delivered, both of them sold to FedEx.
However, this is said to have led to Air France-KLM Cargo incurring overheads estimated at between €30 million and €50 million, related to storage costs on the aircraft paid to Boeing, as well as considerable other expenses.
The division will have taken some comfort from a 2% rise in traffic (FTK), recorded in March – the April figures having been adversely affected by the disruption to European airspace by the ash cloud from the Icelandic volcano – and is hoping that less turbulent skies lie ahead.
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