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Geodis to continue operating own capacity
来源：shippingazette 编辑：编辑部 发布：2024/01/15 09:43:15
GEODIS is to continue offering its own-controlled freighter capacity until at least the end of the year, reports London's Air Cargo News.
The freight forwarder's leased Airbus A330-300P2F, operated by London Stansted-headquartered Titan Airways, is currently performing three rotations per week between the UK and China, carrying e-commerce goods.
Titan is operating a round-trip cargo route from Chongqing Jiangbei International Airport in southwestern China to London Stansted Airport in the UK three times a week on Tuesdays, Thursdays and Saturdays.
The aircraft will continue to be operated "at minimum until the end of 2024," said Eric Martin-Neuville, vice president of freight forwarding, Geodis.
The aircraft was leased during the height of the pandemic, but the tough market conditions last year resulted in a lot of doubt about how the return of capacity and lower rates would affect those in the industry that had invested in own capacity, especially on long-term contracts.
For Geodis, the volatile air cargo demand market last year meant it stopped flying between Asia, Europe and the US using the A330-300P2F.
But the company is positive on demand for the freighter on its current route and is currently "trying to see how we could be able to build a fourth China rotation between Europe and China", explained Mr Martin-Neuville.
The freight forwarder's leased Airbus A330-300P2F, operated by London Stansted-headquartered Titan Airways, is currently performing three rotations per week between the UK and China, carrying e-commerce goods.
Titan is operating a round-trip cargo route from Chongqing Jiangbei International Airport in southwestern China to London Stansted Airport in the UK three times a week on Tuesdays, Thursdays and Saturdays.
The aircraft will continue to be operated "at minimum until the end of 2024," said Eric Martin-Neuville, vice president of freight forwarding, Geodis.
The aircraft was leased during the height of the pandemic, but the tough market conditions last year resulted in a lot of doubt about how the return of capacity and lower rates would affect those in the industry that had invested in own capacity, especially on long-term contracts.
For Geodis, the volatile air cargo demand market last year meant it stopped flying between Asia, Europe and the US using the A330-300P2F.
But the company is positive on demand for the freighter on its current route and is currently "trying to see how we could be able to build a fourth China rotation between Europe and China", explained Mr Martin-Neuville.