newstodate.aero
Jan 21, 2010 (newstodate): Swedish provider of cargo handling services for airlines and forwarders, Malmo Flygfraktterminal, at Malmo, has seen volumes down in 2009 - but remains upbeat about prospects for 2010.
-Our fiscal year start from July 1, so after a few good months in the fiscal year 2008-2009 we met the full impact of the general downfall in the air cargo industry, like everyone else. This implied the collapse of the driving factors behind that year's budget, leading to a bad year for us. From the start of the current fiscal year the new conditions have been fully reckoned with, so we are not that badly off as for meeting our budget. Still, it is of course a most demanding time for us all in the industry, says Lasse Lindelow, MFT managing director.
-Having said that, we can see some cautious signs of recovery in the market, both as to imports and exports that bode well for a sustained return of business in 2010. Still we do not expect to reach anything like the levels of the booming periods behind us.
-Earlier, we handled about 60,000 tonnes of cargo per year, and this has now dropped to some 40,000 tonnes - but with a positive trend which is the crucial point.
-Besides the fluctuating economic trends there is also a structural change, where much Swedish air cargo is consolidated by the large players in the market, trucked out of Sweden and appearing as air cargo only when it turns up at a continental airport for on-ward carriage on aircraft. Air cargo statistics are, therefore, very complex and often misleading, says Mr Lindelow.
-Our fiscal year start from July 1, so after a few good months in the fiscal year 2008-2009 we met the full impact of the general downfall in the air cargo industry, like everyone else. This implied the collapse of the driving factors behind that year's budget, leading to a bad year for us. From the start of the current fiscal year the new conditions have been fully reckoned with, so we are not that badly off as for meeting our budget. Still, it is of course a most demanding time for us all in the industry, says Lasse Lindelow, MFT managing director.
-Having said that, we can see some cautious signs of recovery in the market, both as to imports and exports that bode well for a sustained return of business in 2010. Still we do not expect to reach anything like the levels of the booming periods behind us.
-Earlier, we handled about 60,000 tonnes of cargo per year, and this has now dropped to some 40,000 tonnes - but with a positive trend which is the crucial point.
-Besides the fluctuating economic trends there is also a structural change, where much Swedish air cargo is consolidated by the large players in the market, trucked out of Sweden and appearing as air cargo only when it turns up at a continental airport for on-ward carriage on aircraft. Air cargo statistics are, therefore, very complex and often misleading, says Mr Lindelow.