NewsWeek WORLD NEWS Deutsche PostDHL to set the pace


THE AIR INDIA BOARD has approved the airline’s audited results for the 2009-10 financial year. The carrier made an operating loss, but one that was less than that suffered in the previous financial year. Cargo revenues at the carrier were up year-on-year.


CHINA’S MINISTRY OF COMMERCE has granted offi- cial approval to the proposed air cargo joint venture between Cathay Pacific Airways and Air China Cargo.


BANGKOK-BASED ORIENT Thai Airlines is to acquire 12 Sukhoi Superjet-100/95B aircraft for use on domestic routes in Thailand. Deliveries are scheduled to take place between November 2011 and the start of 2014.


BRUSSELS AIRPORT handled 42,489 tonnes of cargo traffic in October, up by 9.7 percent on the same month last year. The airport said growth continues to be driven by the increase in cargo being carried in the bellyhold space of passenger aircraft, but the full-freighter segment too has demonstrated an improvement.


UAE-BASED RAK AIRWAYS is to expand its route net- work with three flights a week from its Ras Al Khaimah International airport hub to both the Bangladesh capital Dhaka and the port city of Chittagong from 15 December.


IBERIA HAS LAUNCHED non-stop weekly operations between Tenerife and Paris. An A321 will be used on the service.


AUSTRALIA-BASED Virgin Blue is to take delivery of two widebody A330 aircraft by 2012 to serve its long-haul routes between Western Australia and the eastern part of the country.


LOGISTICS giant Deutsche Post DHL says it intends to significantly boost its revenues and earnings through to 2015, with the group’s revenue growth targeted to exceed annualmarket growth by 1 to 2 percentage points every year. “Thanks to our products


and services, we are already the leader in many areas,” Deutsche Post DHL chief executive Frank Appel told an investor conference last week in Frankfurt. After last year having


unveiled its Strategy 2015 based on the two business cor- nerstones ofmail and logistics, the group has further specified its targets “We now intend to set the


THAI Airways International reported revenue of 45.4 bil- lion baht (US$1.5 billion) in the third quarter of this year, 16 percent up on the same period of 2009. The Bangkok-based carrier


made a profit of $97.3million, thanks largely to global eco- nomic recovery and reduced domestic tension making both passenger transport and air


pace in the industry in prof- itability terms as well,” he added. He noted: “In recent years,


we have laid the strongest foundation for this by intro- ducing far-reaching efficiency- enhancingmeasures. “In future years, our focus


will be directed clearly at gen- erating growth – in terms of both earnings and revenues.” Set against the backdrop of


“a largely stable” world econ- omy, the company projects revenue growth in its Express division at an average of about 7 percent in future years. In its Global Forwarding,


Freight division, Deutsche Post DHL expects to increase revenues in air freight by 6 to


Cargo helps Thai profits to soar


cargo shippingmore attractive. In October, capacity avail-


able on Thai Cargo was almost 19 percent higher than in the same month of 2009, but rev- enue was 25.7 percent higher. The cargo load factor in


October was 62.7 percent, a 5.7 percent improvement on October 2009 and 0.7 percent higher than in September this year.


Appel explains a clear focus to generate growth


8 percent annually and in sea freight by an average of 7 to 8 percent. In the Supply Chain division, revenues are forecast


to climb by an average of 8 to 9 percent. To achieve its goals,


Deutsche Post DHL said it will invest in an array of initia- tives over the next fewyears to develop newproducts and cus- tomer groups, and to expand its market position in fast- growing industrial sectors. The customer base is to be


expanded with special atten- tion being paid to major cus- tomers and to fast-growing new companies. In a reflection of this effort,


Deutsche Post DHL said it is concentrating on the creation of specific logistics solutions for the life sciences and health- care, technology and energy industries.


29 November 2010


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