All Asia articles – Page 70
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News
Raya gets new chief executive
Asian cargo airline Raya Airways has announced the appointment of Lee Shashitheren as its new executive director and chief executive.Lee, former commercial director of Raya Airways, has more than 20 years’ experience in the cargo airline business and takes over from the former managing director Mohamad Najib Ishak, who resigned ...
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UPS hits earnings record in first quarter
UPS earnings per share jumped 13% in the first quarter of 2016, with growth across all main segments of its business. US domestic and international small packages drove the US-based express logistics firm to a record first quarter, with international operating profit up 15% to $574 million.Total revenue was up ...
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Load factors fade but profits up at Air China
Air China reported cargo capacity up by almost 11% to 3.157 billion available freight tonne kilometers (AFTK) in the first quarter of 2016 but with cargo traffic up only 4.25%, to 1.556 billion AFTK load factor fell 3% to 49%, year-on-year.Otherwise, the airline reported steady progress in the face of ...
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Green light for Hong Kong third runway work
Hong Kong Airport Authority has gained statutory approval for reclamation work that will allow construction of a third runway to go ahead. The authority said it would now proceed with the detailed design for the third runway and also start procurement of construction contracts for the reclamation works at the ...
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SF Airlines takes delivery of latest converted freighter
PEMCO World Air Services has announced the redelivery of a Boeing 737-300 freighter aircraft to China-based SF Airlines, the air cargo division of SF Express.The freighter, converted by PEMCO’s partner STAECO in Jinan Shandong, China, marks the fourteenth redelivery of a B737-300/400 to SF Airlines since 2013.SF Airlines plans to ...
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Precision receives new freighter conversion orders for express airlines
Precision Aircraft Solutions has had a busy start to the year after receiving an order for eight freighter conversions and delivering three aircraft to customers.The conversion firm confirmed it has received eight orders for Boeing 757-200 passenger-to-freighter conversions.Six of the orders came from China Postal Airlines, while new cargo airline ...
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Indian airlines have fines for alleged cargo cartel set aside
Jet Airways, SpiceJet and IndiGo have been given the opportunity to have fines levied against them by the Competition Commission of India (CCI) for an alleged air cargo cartel overturned.Late last year, Jet Airways was fined R1.5bn, IndiGo received a R637.4m penalty and SpiceJet was hit with a R424.8m fine ...
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DHL opens advanced Singapore facility featuring robotic technology
DHL Supply Chain has opened an Advanced Regional Center (ARC) in Singapore featuring automation systems with advanced robotics.The 90,000sq m facility, which increases the logistics firm’s warehousing footprint on the island by 40%, uses 130 robotic shuttles to pick and store products from 72,000 locations spread across 26 levels.DHL believes ...
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Blue Dart benefits from rise of business to consumer demand in India
Indian express air cargo carrier Blue Dart posted a double-digit increase in profits for the quarter ended March 31.The airline, which is 70% owned by Deutsche Post, recorded a 17% year on year increase in profit after tax for the quarter ended March 31 to R404.9m. Profits for the full ...
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Hong Kong cargo rise in March but Q1 still down 3.5%
Hong Kong, the world’s number one air cargo hub, experienced “mild growth” of 1.1% year on year in March to 398,000 tonnes but registered a first quarter 3.5% throughput decline over 2015 to 987,000 tonnes.The growth in cargo throughput in March was primarily due to a 5% growth in exports ...
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Cargolux adds frequency to Ho Chi Minh service
Cargolux has added a third weekly frequency to its Ho Chi Minh operation in response to growing demand from the country.The extra frequency started today (April 14), with the outbound flight routed via Doha and the return leg via Singapore and Luxembourg.The airline said it had served the city since ...
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Kerry raises stake in Indian forwarder
Asia-based Kerry Logistics has signed a memorandum of understanding to increase its stake in Chennai, India-based Indev Logistics.The announcement was made at the re-branding ceremony held on 13 April in New Delhi in the presence of minister for commerce and industry, Ms Nirmala Sitharaman.Indev will be renamed as Kerry-Indev Logistics, ...
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News
US and Azerbaijan sign open skies deal
The US and Azerbaijan have signed an open skies agreement in Baku, capital city of the southwest Asian country.Jahangir Asgarov, president of the Azerbaijan Airlines (AZAL), and Robert Cekuta, the US ambassador in Baku, signed the open skies agreement on April 6 for the liberalisation of air transport market between ...
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NewsChennai airport prepares for role as aid and relief hub
A four-day “Get Airports Ready for Disaster” (GARD) workshop is underway at India's Chennai International Airport to help prepare for its role as an aid and relief hub during natural disasters.The workshop has been launched by Deutsche Post DHL Group and the United Nations Development Programme (UNDP).After a natural disaster, ...
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News
Emirates launches MD-11 freighter to Phnom Penh
Emirates Skycargo has launched a weekly freighter service to Phnom Penh, the capital of Cambodia, becoming the Middle East carrier’s thirteenth all-cargo destination in the Far East.The Dubai-hubbed operator will start the service with a leased MD-11 freighter aircraft, providing dedicated outsourced capacity for 80 tonnes of cargo. The aircraft’s ...
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ACSV goes with Hermes air cargo management system
Air Cargo Services of Vietnam (ACSV) is to operate the Hermes air cargo management system in its freight warehouse at Hanoi’s Noi Bai International Airport.Hanoi-based ACSV, the Vietnamese handler formed after the privatisation of Air Cargo Services Co (ACS) in June 2015, and the owner of Noi Bai Cargo Terminal, ...
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SATS and Oman Air form cargo handling joint venture in Muscat
SATS, the Singapore ground handling company, has signed a joint venture agreement with Oman Air for cargo handling at Muscat International Airport. Oman Air will transfer its cargo handling business and related assets to its wholly-owned subsidiary, Oman Air Cargo.SATS will acquire 165,000 shares in the subsidiary from Oman Air, ...
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Bumpy start to 2016 continues
Air cargo’s difficult start to 2016 continues, led by Asia Pacific and North America, with worldwide volumes in February down by 3.8% year-over-year (YoY), the largest drop in three years.Latest analysis from Netherlands-based WorldACD described Asia Pacific and North America as the “main culprits,” stating: “For January/February together, their YoY ...
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ABC increases Singapore services with third weekly B747 freighter
AirBridgeCargo Airlines (ABC) is adding a third weekly Boeing 747 freighter flight to Singapore.The new Friday frequency is to satisfy growing customer demand and will offer onward connections to Hong Kong and to points across ABC’s global route network, said the Russian-owned cargo carrier.The airline launched twice-weekly services to and ...
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NewsAsian air cargo carriers record weak Chinese New Year period
Asian airlines saw airfreight demand decline in February after a weak Chinese New Year period and comparisons were affected by a boost in demand last year due to port strikes in the US.The latest airline data shows that all six Asian airlines monitored in Air Cargo News’ monthly report saw ...