Europe air cargo market on revival

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The current issue of The STAT Trade Times provides a detailed cover story on the air cargo market in Europe, which according to Namrata More, is on a revival mode based on the trends she picked up from talking to different industry stakeholders around Europe. Though the industry in the region may not go back to how things were in 2011, optimism is definitely there in the air with players. In a special report on Transatlantic cargo traffic Surya Kannoth argues that even as cargo demand remains largely stagnant, leading players in the air cargo industry are unanimous that transatlantic traffic has in fact shown growth. In the country report Namrata writes about South Africa which has a strategic position when it comes to global air freight market and its relation to the key continent. In the leader speaks, Laurent Jossart, EVP, LuxairCargo, talks about the importance of focusing on time and quality. In the city report, Reji John describes Abu Dhabi as a global city buzzing in business supported by the splendor of Arabia’s captivating culture and a robust economy firmly rooted in hydrocarbon industry. In the commodity report, the focus is on automotive logistics by air. Reji argues that for the auto industry air freight continues to be negligible in volume but in terms of value it is very significant. In the airport focus section, the report is on Manchester Airports Group which operates four airports in UK —Stansted, Bournemouth, East Midlands and Manchester. In the shipping section we have a feature on green ports, which evaluates port economy and ecology and asks do they go together? Both the private sector and public institutions are investing significantly and making great efforts to fulfil their responsibility for an ecologically sustainable port operation. And finally in the port focus we bring you the incredible efficiencies at work in Georgia’s deepwater ports — Savannah and Brunswick. According to Georgia Ports Authority, which manages these two ports, says improving consumer confidence, new customers and shifting cargo from West to East Coast of the US are all reasons for good performance.

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