newstodate.aero
MAY 28, 2003 (newstodate): Icelandair Cargo is seeing recovery in current Icelandic cargo performance.
-Over the recent four months of this year, imports have been up by 4.2 percent, while exports have increased by 13.1 percent, says Petur Eiriksson, Icelandair Cargo president.
Eiriksson says some 96 percent of all Icelandic air cargo exports are shipments of fish to markets in the US, UK, and Central Europe, respectively, with Far Eastern markets still playing only a modest role.
According to Mr. Eiriksson, Icelandair Cargo still transports some 75 percent of all imports, while the company's share of Iceland's exports is "probably" 89-90 percent, despite changes in the competition after the advent of new players like Bluebird Cargo.
Mr. Eiriksson says rates have kept rather stable over the last few years of general recession while probably declining by some two to three percent in real terms after inflation etc.
As volumes are increasing, the company's yields have been developing positively, he says
-Over the recent four months of this year, imports have been up by 4.2 percent, while exports have increased by 13.1 percent, says Petur Eiriksson, Icelandair Cargo president.
Eiriksson says some 96 percent of all Icelandic air cargo exports are shipments of fish to markets in the US, UK, and Central Europe, respectively, with Far Eastern markets still playing only a modest role.
According to Mr. Eiriksson, Icelandair Cargo still transports some 75 percent of all imports, while the company's share of Iceland's exports is "probably" 89-90 percent, despite changes in the competition after the advent of new players like Bluebird Cargo.
Mr. Eiriksson says rates have kept rather stable over the last few years of general recession while probably declining by some two to three percent in real terms after inflation etc.
As volumes are increasing, the company's yields have been developing positively, he says