Tag: France

Airbus A380 takes off for round-the-world test flights

The Airbus A380 will take off from France on Monday for a round-the-world test mission, in the final hurdle before the superjumbo becomes the largest passenger plane in service.

The A380 will leave the southern French city of Toulouse at 10:00 am (0900 GMT) for Singapore in the first of seven stops in Asia, an Airbus official told AFP. The crew will then touch down in Australia, South Africa and Canada during the 17-day round of technical tests.

On-board engineers and certified test pilots will put the plane through its paces under simulated commercial conditions, including test landings at key airports, refueling practices and maintenance work.

The 150 hours of flying, which are expected to be the last major tests before approval from regulators next month, come at a difficult time for Airbus amid a hailstorm of bad publicity for its star project.

Airbus has been forced to push back its timetable for deliveries of the A380 three times because of problems encountered when wiring the cabins, with delays now estimated at about two years.

US mail group FedEx announced on November 7 it had cancelled an order for 10 cargo versions of the A380 because of delays to deliveries of the aircraft.

Its competitor Boeing, however, has gone from strength-to-strength on the back of buoyant demand for its 787 Dreamliner jet.

Read More

First class delivery for La Poste bond despite status doubt

La Poste issued its first capital markets transaction this week after an absence of two years, achieving attractive funding on the Eu1.8bn two tranche bond, despite discussions in Brussels on the company’s future status as a state supported entity.

The deal was massively oversubscribed, the Eu800m seven year tranche receiving orders of Eu1.6bn, and the Eu1.bn 15 year tranche oversubscribed to the tune of Eu2.7bn, reflecting the revival in demand for long dated securities.

Both segments were priced at the tight end of guidance by joint leads Bardays Capital, Deutsche Bank, Ixis, JP Morgan and Natexis Banques Populaires.

Proceeds of this transaction will be used to make an exceptional contribution of Eu2bn to a reformed pension system of the company’s civil servant employees.

La Poste, which is 100% owned by the French state, enjoys the status of an Etablissement Public Administratif. However, the European Commission has recommended that the French state withdraw its guarantee on La Poste’s debt. The company will also be forced to relinquish its monopoly on postal services in France when the industry is liberalised in 2009.

Read More

GLS invests EUR 20 million on new barcode technology

GLS France is introducing 3,000 wireless barcode scanners this autumn to improve parcel delivery tracking as part of a EUR 20 million group investment across Europe.

Using GPRS technology, French clients will be able to track and trace deliveries in a more advanced manner using the so-called Uni-Scan system. Proof of delivery data will be transmitted in real-time into the company’s central system, providing same-day tracking of shipment status.

In addition, GLS France has installed new data reading terminals throughout its hubs and depots. These can handle 1,200 parcels an hour instead of the previous 400 parcels.

Read More

France's La Poste wants minimum service guarantees financed by new entrants

French state-owned post office La Poste said that as part of the planned liberalisation of the European postal markets in 2009, new entrants should be required to finance minimum service guarantees.

La Poste CEO Jean-Paul Bailly said he will ask the EU Commission to authorise a system where companies hoping to offer rival postal services must either promise to ensure universal service for consumer mail, or else contribute to a central fund.

‘The commission considers that it is necessary to maintain a harmonised universal service across Europe,’ Bailly said in an interview with French daily Le Monde.

Currently, La Poste offsets losses from ensuring daily consumer mail services throughout France with the profits from business mail, express delivery and other services.

Read More

Sernam takes the train to bypass French motorway speed limits

Sernam has switched the bulk of its long-distance traffic from road to rail in order to avoid being hit by tighter motorway speed limits for light trucks from next January. It has also bought a small regional trucking company.

With effect from January 1, 2007, the maximum speed limit in France for goods vehicles weighing 3.5 tonnes or more will be reduced from 110 km/h to 90 km/h. This speed limit currently applies to vehicles of 12 tonnes or more. The 18% reduction in speed, along with obligatory rest times for drivers, means, for example, that the Paris-Niort truck journey will in future take 5 hours, 45 minutes on average, compared to 4 hours, 20 minutes at present, Sernam pointed out.

In response to this operational restriction, Sernam said that it has re-designed its nationwide transportation network in order to ensure it can maintain the present transit times for its customers. The company provides next-day afternoon deliveries across virtually of all France.

With effect from mid-October, Sernam is now carrying the bulk of its long-distance volumes on the night-time Train Blocs Express (TBE), freight TGV operating at speeds of up to 200 km/h on key North-South routes. The operator’s network is based on nine hubs, including new multimodal platforms at Toulouse and Bordeaux. A new Paris hub will open at Valenton at end-2007.

Meanwhile, Sernam also announced that it has acquired a small trucking company, Coulonge, based at Limoges in south-west France, which had revenues of €4.5 million in 2005.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest