Atlas Air is on track to meet its 2012 expectations after a significant activity rebound in March that made up for a sluggish January and February. According to a company press release, Atlas customers flew 11 percent over minimum block hours in March. The strong first-quarter numbers are also due to a new timeline for aircraft engine maintenance; upkeep that was expected to take place during the first quarter will now happen in the next three months. read more
Air Cargo World News
May
4
For the first quarter of 2012, TNT Express reported that revenues rose by 1.3 percent, while adjusted revenues declined by 0.9 percent, on a slight decline out of the Asia-Pacific and an uncertain European economic environment. Activity in the Asia-Pacific region, however, could have been worse, if not for strong volumes from Australia. Activity in Brazil boosted results from the Americas. read more
May
4
Despite a 5.5-percent rise in passenger traffic during the first quarter, Air France-KLM saw a ballooning fuel bill and a depressed cargo market, which lead to mostly negative financial results for the first three months of 2012. According to the carrier, the results — which include a 6-percent, year-over-year, revenue jump, but an 82-percent decline in EBITDAR — are in line with expectations. read more
