Year: 2005

The changing shape of the air cargo market

Posted by | Mar 1, 2005 | |

The early, and somewhat unexpected, success of the Airbus A380F freighter
>program could prompt a major rethinking of the way the cargo aircraft
>market, estimated to be worth around $ 130 billion over the next 20 years,
>will develop.
>There is one area where Airbus and Boeing broadly agree: At current rates
>of growth, the world will need around 725 new all-cargo aircraft by 2023.
>Both companies also agree that widebody aircraft will represent about 60%
>of the all-freighter fleet by 2022, and only disagree slightly on how this
>number will be reached — with Boeing suggesting more
>passenger-to-freighter conversions, rather than all-new cargo aircraft
>sales.

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DHL forecasts 100 per cent jump in regional express business in five years

Posted by | Feb 28, 2005 | |

Drawing on an unprecedented region-wide analysis (six markets: UAE, Kuwait, Qatar, KSA, Bahrain and Lebanon), the Deutsche Post World Net (DPWN) subsidiary forecast that the current Euros 218 million (AED 1.1 billion, USD291 million) Middle East express market will grow to Euros 400 million (AED 2 billion, USD533 million) by 2010. DHL currently has nearly 50 per cent of the express market and with its own growth rates exceeding 20 per cent a year is confident of an increasingly impressive slice of the cake. The express sector, predominantly the fast-moving documents and parcels end of the wider logistics and freight industry, is one of DHL’s core markets. In an exclusive media preview of the figures in Dubai today Phil Couchman, DHL’s Regional Director for the Middle East, said: ‘We are extremely pleased with the results of the research. DHL, the region’s dominant logistics and express operator, today released figures that reveal its Middle East express business could double in the next five years on the back of runaway growth that far outstrips world averages.

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Transportes Azkar targets 8 pct sales, EBITDA growth in 2005 vs 2004

Posted by | Feb 28, 2005 | |

Transportes Azkar SA said it is targeting sales and EBITDA to grow 8 pct in 2005 from 2004, when sales rose 12 pct to 315 mln eur from a year earlier on an 8.39 pct rise in EBITDA to 43 mln eur.

In a presentation, the logistics group said it expects 2005 pretax profit to grow 15 pct compared to previous forecasts for 12-14 pct growth, while increasing its investments forecasts for this year to 25 mln eur from the previous 15-20 mln eur earmarked.

In a separate statement, Azkar said net profit fell to 16.6 mln eur in the full year to Dec 31 from 18.5 mln a year earlier, due to 1.36 mln eur less of one time gains booked in 2004.

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Airlines seek USPS Reinstatement

Posted by | Feb 28, 2005 | |

American Airlines and US Airways hope to quickly resolve their differences with the U.S. Postal Service and return to hauling domestic mail. Citing poor service, the Postal Service this month stopped using the two airlines to carry domestic mail until service improved, USPS spokesman Jim Quirk said. Click to Enlarge At least one of the carriers is conferring with Postal Service officials daily about a program to improve its service, an industry source said. Under contracts awarded to the airlines in 2003, the Postal Service imposed strict on-time standards, which are monitored by a tracking system. Failure to meet those standards for any route could result in the airline losing business to competitors. In addition to American and US Airways, 16 other companies were awarded contracts.

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La Poste introduces higher postal charges

Posted by | Feb 28, 2005 | |

The price of a stamp in France will increase on Tuesday by 3 cents to 53 cents. The price of a stamp for delivery to Europe will become 55 cents. The last price increase was in June 2003 when the price was increased from 46 to 50 cents. This new increase should produce an additional 180 million euros in revenue for the mail division of La Poste which realised 10.6 billion in 2003

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TPG CEO sees news on Danish Post deal in 1 month, no word on Belgian buy

Posted by | Feb 28, 2005 | |

Peter Bakker, CEO of TPG NV, said he expects to hear from the Danish government within one month on the sale of a stake in the Danish postal operator.

TPG is among several bidders for the 25 pct stake in Post Danmark put up for sale by the Danish government.

TPG has also expressed interest in bidding for a stake in the Belgian postal operator. However, Bakker said he has had ‘no clear indications’ from the Belgian government yet on the timing of privatisation.

TPG is looking to expand into foreign postal markets in order to help offset declines in domestic mail volumes and increasing competition in the Netherlands.

Bakker was unphased by recent reports of 200-300 pct growth at Dutch rivals like Selekt Mail, a joint venture of Deutsche Post in Holland. According to TPG figures, its two main rivals have only a 2 pct share of Dutch mail volumes.

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UK Royal Mail – not a 1st class Christmas performance

Posted by | Feb 28, 2005 | |

On 29 November 2004 Postwatch recommended to customers that they use 2nd class stamps at Christmas because the 1st class service performance had dipped significantly in the previous two years to less than 70 per cent delivered next working day. At the time we called upon Royal Mail to publish its Christmas performance levels so that customers would be able to make an informed purchase. Royal Mail has now published on its website performance figures for the 2004 Christmas period. In line with previous years these show that the 1st class performance over the Christmas period was 66.1 per cent delivered next day (compared with a target of 92.5 per cent). 2nd class performance was 93.9 per cent delivered within 3 days (compared with a target of 98.5 per cent). Commenting on Royal Mail’s Christmas performance, Peter Carr, Chairman of
Postwatch said: “The Royal Mail’s own performance statistics vindicate the
advice we gave customers. The value for money option at Christmas is to use
2nd class stamps at a saving of 7 pence per item.

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