daily briefing – 2023-02-24

Air Freight Capacity Exceeds Demand

Airfreight has had a weak start to 2023, according to the latest market advisory from Denmark-based forwarder Scan Global Logistics. Airfreight rates have softened, and capacity is likely to exceed demand for the foreseeable future. Condor-Schwester Marabu and Nordic Aviation have signed an agreement to support the second airline of Condor-owner Attestor in Germany in summer 2023, with three Airbus A320 Neo planes being deployed. Corendon has decided to build up operations at Brussels airport instead of Amsterdam for the summer season, offering more than 200,000 seats, 40,000 of which will be purchased from Brussels Airlines. Mitarbeiter Passage, Luftsicherheitskontrollkräfte und Techniker are being sought for new jobs in air transport. The Netherlands plans to cap the number of flights at Amsterdam’s Schiphol airport due to new noise protection regulations. The German Interior Ministry has declared that Airport Hahn is not a critical infrastructure while IAG Cargo reported 2022 revenue of €1.6 billion ($1.7 billion), a 45 percent increase from pre-pandemic levels in 2019 and a 3.5 percent decline from 2021.

Corruption and Corporate Crime

Signs at Johannesburg’s OR Tambo airport remind travelers that corruption erodes trust, weakens democracy, hampers economic development and further exacerbates inequality – it is everyone’s responsibility and right to say no to fraud and corruption. Corporate crime affects real people; those who suffer most are often the least powerful such as employees and small businesses downstream of large corporations with little recourse or compensation when things go wrong.

Airlines Investing in New Services

IAG Cargo reported 2022 revenue of €1.6 billion ($1.7 billion), a 45 percent increase from pre-pandemic levels in 2019 and a 3.5 percent decline from 2021 while Qantas has invested 100 million Australian dollars (around 64 million euros) into new lounges across their network with Global Lounge Network taking over operation at Flughafen Münster/Osnabrück as well as their Heathrow first lounge being newly built. Conversions remain the first choice for many carriers looking for freighter capacity with Cirium forecasting supply of some 3,560 freighters over the next 20 years including 1,060 newbuilds while Hapag-Lloyd Flug cooperates with ARD Plus for inflight entertainment series such as Tator, Wissen macht Ah or SimsalaGrimm on board their aircrafts along with Lilium working together with Collins Aerospace on Inceptor Sidestick System for single pilot operation control on their eVTOL aircrafts.

Other News

The AGS system by Belastingdienst was unavailable on 24th February 2023 due to technical issues while Harbers states that Schiphol should return back down to 440 000 flights per year despite luchthavenbedrijf wanting it not to shrink further than it already has been affected by pandemic restrictions last year. Finally Flair Airlines F82615 had an unexpected landing in Fort Lauderdale due to pressure issue on its way from Cancun to Toronto where passengers were provided oxygen masks during flight before DFS Aviation Services took over Vorfeldkontrolldienste am Flughafen Lima after months long training process.

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