CLA suspends services

By Sophie Barnes2020-03-03T13:25:00+00:00

UK freighter operator CargoLogicAir (CLA) has confirmed to HLPFI’s sister publication Air Cargo News that it has suspended operations.

The carrier's exposure to the Chinese market has taken its toll and, in a short statement, the B747 operator said “due to the latest market development, specifically the drastic decrease of the market demand, CLA finds it extremely difficult to continue its commercial operations”.

It added: “Most importantly, CLA operations have been severely affected as it had placed a significant portion of its commercial activities in the Chinese market. As a result, a decision was made to suspend the flights.”

The China market has taken a hit as result of the trade war with the US and more recently the outbreak of the coronavirus that has seen factories extend Chinese New Year closures as part of efforts to contain the outbreak.

The carrier said that it would continue to fulfil its contractual, financial and regulatory obligations and added that it is in close communication with the UK Civil Aviation Authority (CAA) in order to ensure a safe transition period.

Topics

News
Combi Lift tackles hurricanes and heavy cargo in multimodal move to Proctor

2024-11-21T18:13:00Z By David Kershaw

Combi Lift successfully completed lots one and two of complex multimodal transport project, delivering a complete chemical plant from Chennai port, India, to Proctor, West Virginia, USA, via the port of New Orleans.
Article
Argentia’s growing role in global energy

2024-11-21T08:00:00Z By Gregory DL Morris and David Kershaw

From hosting North America’s first wind turbine marshalling yard to preparing for the tow-out of a colossal concrete gravity structure (CGS), the port of Argentia is rapidly transforming into a nexus for renewable energy projects and heavy lift operations. As demand for green hydrogen and sustainable fuels grows, Argentia’s developments signal a bright future for project cargo in Newfoundland and beyond.
Article
Downstream O&G sector on cusp of transformation

2024-11-18T10:08:00Z By Phil Hastings

In the words of a recent report published by the World Refining Association: “The downstream energy industry finds itself at the nexus of transformation, propelled by a mosaic of innovations, challenges and aspirations.” For heavy lift and project freight forwarding companies, one resulting challenge is to assess which sectors are likely to offer the best future business opportunities − and when.