newstodate.aero
Nov 10, 2005 (newstodate): While market investigations have been made, plans for a Korean Air Cargo service to Stockholm, Sweden, are not imminent.
According to market sources, the carrier had considered potentials for a twice-weekly service at Stockholm in addition to the current services at Copenhagen Airport and Oslo.
-The net result of the investigation was that for the moment there is no basis in the Swedish market for this new service, says Martin Wildner, Korean Air cargo assistant manager, based in Frankfurt.
-We currently operate five times weekly at Copenhagen, and twice weekly at Oslo, and while the Oslo service is mainly dedicated to the Norwegian fish exporting industry, there is still enough capacity in Scandinavia to cater to the needs in the Swedish market as well, he says.
-The market investigations are, however, continuously updated, so if the situation would change in 2006 we cannot say.
-The situation for us as for every other carrier is, however, that rates are low and revenues decreasing, even with increasing volumes. Also the imbalance in volumes between east- and westbound flights makes is difficult to sustain new services.
-Add to this the fuel, airport charges and other costs, and we will up with considering 2005 a year that was not exactly good, but not too bad either, says Mr Wildner.
According to market sources, the carrier had considered potentials for a twice-weekly service at Stockholm in addition to the current services at Copenhagen Airport and Oslo.
-The net result of the investigation was that for the moment there is no basis in the Swedish market for this new service, says Martin Wildner, Korean Air cargo assistant manager, based in Frankfurt.
-We currently operate five times weekly at Copenhagen, and twice weekly at Oslo, and while the Oslo service is mainly dedicated to the Norwegian fish exporting industry, there is still enough capacity in Scandinavia to cater to the needs in the Swedish market as well, he says.
-The market investigations are, however, continuously updated, so if the situation would change in 2006 we cannot say.
-The situation for us as for every other carrier is, however, that rates are low and revenues decreasing, even with increasing volumes. Also the imbalance in volumes between east- and westbound flights makes is difficult to sustain new services.
-Add to this the fuel, airport charges and other costs, and we will up with considering 2005 a year that was not exactly good, but not too bad either, says Mr Wildner.