newstodate.aero
Jan 11, 2006 (newstodate): Icelandair Cargo saw its total cargo volumes unchanged in 2005, growing a meagre 0.5 percent to some 36,000 tonnes.
Almost equal in size, exports were down 9.7 percent, while imports were up 16.8 percent in 2005.
Transatlantic transfer cargo grew by 10.8 percent, y-o-y.
In December, 2005, the company noted a 5.4 percent increase over the preceding year, with exports down 1.3 percent, and imports rising 17.8 percent. Transfer cargo also increased by 5.3 percent.
-Despite many favourable trends, there was a stagnation in total volumes caused by a difficult year for the fresh seafood exports, says Petur J Eiriksson, Icelandair Cargo Managing Director.
-About 90 percent of the exports by air from Iceland is fresh seafood, and because of the strength of the Icelandic Krona the Icelandic producers competetive position was weakened in most markets. It is anticipated that the Krona will start to decline by mid- 2006, leading to a reversal of this negative trend, he says.
Almost equal in size, exports were down 9.7 percent, while imports were up 16.8 percent in 2005.
Transatlantic transfer cargo grew by 10.8 percent, y-o-y.
In December, 2005, the company noted a 5.4 percent increase over the preceding year, with exports down 1.3 percent, and imports rising 17.8 percent. Transfer cargo also increased by 5.3 percent.
-Despite many favourable trends, there was a stagnation in total volumes caused by a difficult year for the fresh seafood exports, says Petur J Eiriksson, Icelandair Cargo Managing Director.
-About 90 percent of the exports by air from Iceland is fresh seafood, and because of the strength of the Icelandic Krona the Icelandic producers competetive position was weakened in most markets. It is anticipated that the Krona will start to decline by mid- 2006, leading to a reversal of this negative trend, he says.