newstodate.aero
Aug 12, 2010 (newstodate): The re-bounce in Sweden's air cargo during the first half of 2010 has obviously made life more difficult for pessimists..
-The development in the market has almost hit an all-time high, and especially the summer months of June and July have surpassed any expectations, says Rolf Carlsson, Lufthansa Cargo manager Sweden.
-Normally the peak comes in March-April that also performed well, but this year we saw an unexpectedly large growth in export volumes during mid-summer, first of all spurred by exports from the telecom and medico industries but also from the automotive industries that are obviously also picking up again after a long period of depression.
-The growth in demand was driven by China and the Far East, but also by markets in North and South America.
-As capacity is still a bottle-neck, rates have benefited from the situation, seen from the side of an airline. Still, we need to see rates rising further to compensate for costs and the prolonged period of slack business.
-Lufthansa Cargo has had its share in this positive development and we are also benefiting from the inclusion of Austrian Airlines' cargo capacity from July 1 that brings in more flights and more space from the Swedish market where some 20 percent of the volume is flown and 80 percent is trucked into our gateways. In addition to belly capacity we also have a daily Boeing 757 freighter flights from Stockholm and Gothenburg into Leipzig with connections to Frankfurt Airport.
-In July 2010, Lufthansa Cargo was ranked #1 in CASS Sweden's statistics, and we have indeed gained in market share during this first half-year.
-Prudence would normally keep me from making any predictions about full-year results, but at this time of the year it remains rather difficult to be overly pessimistic, says Mr Carlsson.
-The development in the market has almost hit an all-time high, and especially the summer months of June and July have surpassed any expectations, says Rolf Carlsson, Lufthansa Cargo manager Sweden.
-Normally the peak comes in March-April that also performed well, but this year we saw an unexpectedly large growth in export volumes during mid-summer, first of all spurred by exports from the telecom and medico industries but also from the automotive industries that are obviously also picking up again after a long period of depression.
-The growth in demand was driven by China and the Far East, but also by markets in North and South America.
-As capacity is still a bottle-neck, rates have benefited from the situation, seen from the side of an airline. Still, we need to see rates rising further to compensate for costs and the prolonged period of slack business.
-Lufthansa Cargo has had its share in this positive development and we are also benefiting from the inclusion of Austrian Airlines' cargo capacity from July 1 that brings in more flights and more space from the Swedish market where some 20 percent of the volume is flown and 80 percent is trucked into our gateways. In addition to belly capacity we also have a daily Boeing 757 freighter flights from Stockholm and Gothenburg into Leipzig with connections to Frankfurt Airport.
-In July 2010, Lufthansa Cargo was ranked #1 in CASS Sweden's statistics, and we have indeed gained in market share during this first half-year.
-Prudence would normally keep me from making any predictions about full-year results, but at this time of the year it remains rather difficult to be overly pessimistic, says Mr Carlsson.