All Asia articles – Page 74
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News
Cargolux confirms $77m investment in new Chinese JV airline
Cargolux and a group of Asian investors have given the go-ahead for the creation of new Zhengzhou-based Cargolux China.Cargolux’s $77m investment will give the Luxembourg-based airline a 35% share in the new venture, with Henan Civil Aviation Development and Investment Co (HNCA) taking a 49% share, Xin Gang Investment & ...
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NewsCathay Pacific tops the list of Asia's busiest air cargo carriers in 2015
Cathay Pacific once again led the way as the largest air cargo carrier in Asia in 2015, while Air China finished the year as the fastest growing.The latest monthly cargo traffic figures from Asia airlines revealed that the Cathay Pacific Group, including Dragon Air, finished the year as the busiest ...
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Hong Kong's static cargo volumes in 2015
Asia’s dampening airfreight demand saw Hong Kong, the world’s number one air cargo hub in 2014, with near static volumes in 2015, registering only a 0.1% increase in throughputs to 4.38m tonnes, amid predictions of “mild growth” for 2016's airfreight demand.Hong Kong International Airport’s cargo results contrast starkly with its ...
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Weak November for cargo at Asian and Middle Eastern hubs
Airfreight volumes remained weak in November in the Middle East and Asia, reflecting the “slowdown of the Chinese economy and uncertainty in the commodity exporting countries”, according to latest data from the Asia-Pacific arm of Airports Council International (ACI).Freight volumes in the Asia-Pacific region declined by 1.5% and the Middle ...
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‘Abandoned’ freighters claimed
Malaysian-based freighter airline Swift Air Cargo says it is the owner of three apparently abandoned 747-200Fs at Kuala Lumpur airport, saying it had been “stunned” to read press reports that the planes had been abandoned and that it had been unable to trace their owners.In early December, the airport authority ...
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DHL Express appoints Ken Lee as Asia Pacific chief executive
DHL Express has named Ken Lee as the new chief executive of Asia Pacific. He succeeds Jerry Hsu, who is retiring after a 15 year career with DHL Express.Based in Hong Kong, Lee will be responsible for a region that includes Hong Kong, India, Japan, Korea, Oceania, South Asia, South ...
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Data role for UTi's Asian hub choice
DATA analytics were a key factor behind UTi’s introduction of Asian multimodal hubs in Kuala Lumpur and Ho Chi Minh City to service its gateways in Europe and the US.The Asian consolidation hubs provide faster, more reliable transits for goods and take advantage of excess, short haul air capacity while ...
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Shanghai's PACTL sets new freight volume record
Shanghai Pudong International Airport Cargo Terminal (PACTL) has achieved record annual cargo throughput 2015 on the back of the growth of imports of consumer goods.The Sino-German joint venture saw annual cargo volumes jump by 6.5% year on year in 2015 to 1.6m tonnes.PACTL’s overall import cargo volumes increased by 9% ...
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NewsDifficult November for Asian cargo airlines
Asian air cargo carriers faced weak market conditions in November as demand declined compared with last year.Figures from the Association of Asia Pacific Airlines (AAPA) show that demand declined by 2.4% in November compared with a year ago as key manufacturing economies experienced “soft market conditions as a result of ...
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NewsDisappointing November peak for Asian air cargo carriers
The November peak season was another tough month for Asian air cargo carriers as weak demand and capacity additions put pressure on air freight rates.The latest monthly statistics from Asian airlines show all but one of the carriers that report statistics saw load factors decline during November.The largest of the ...
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News
K+N opens new Singapore logistics hub
Freight forwarder Kuehne + Nagel has opened a new logistics hub in Singapore, its largest investment outside of Europe, located close to high tech and pharmaceutical manufacturing centres.The new facility in the west of Singapore measures 50,000sq m, with 46,000sq m of warehousing, and is part of K+N's regional expansion ...
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Hong Kong's Hactl breaks freighter handling records
Hong Kong Air Cargo Terminals Ltd (Hactl) has broken two records for its ramp handling operations.The company handled 2,242 full freighters in November, beating its previous monthly record of 2,232 set in November 2014.The November record was 308 higher than the October figure, due largely to an increase in pre-Christmas ...
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SF Airlines gets first widebody freighter
Fast-growing SF Airlines has taken delivery of its first 767-300 Boeing Converted Freighter (BCF) as it looks to capitalise on China’s rapidly growing e-commerce market.The delivery represents the addition of the first wide-body aircraft in the SF Express-owned airline's fleet, which until today consisted of 25 B757s and B737s.It is ...
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Winter jackets for refugees delivered by China Southern
China Southern Airlines has transported thousands of winter jackets to Europe for Syrian refugees in Germany, part of a donation by Chinese-Australian businessman Henry Ngai.The 1.5 tonnes load spurred a major logistical effort involving China Southern Airlines, the German government and the German Red Cross.The A$1.15m donation for 100,000 jackets ...
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China Postal Airlines orders ten B737-800 freighter conversions
China Postal Airlines has signed up with US planemaker Boeing for ten Next-Generation 737 Boeing Converted Freighters (BCFs), pending a program launch."This is a historic order both for China Postal and Boeing," said Yufeng Li, president of China Postal Airlines, who signed the agreement with Boeing in Beijing. He added: ...
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Cathay Pacific runs airfreight test flight to Wellcamp Airport
Cathay Pacific has run an air cargo test flight to the Australian town of Toowoomba to gauge commercial interest in the region and to test operations.The Hong Kong-headquartered carrier deployed a Boeing 747-8 Freighter to Wellcamp Airport, which is located in one of Queensland’s richest agricultural areas.The airline said the ...
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IAG and Exelsius set 2016 pharma GDP training schedule
IAG Cargo and Exelsius have announced their pharmaceuticals Good Distribution Practice (GDP) Academy workshop programme for 2016.The new workshops will follow the successful format of those held in London and Hyderabad, combining classroom training in the correct handling of temperature sensitive pharma products with a ‘live’ visit to an airport ...
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March to head WCA as Menen joins supervisory board
Dan March has been appointed chief executive of WCA, the independent forwarder network, with founder David Yokeum becoming chairman and Ram Menen joining a new global supervisory board.Based in London, March has been WCA’s communications director for over five years.He will oversee the day-to-day operations and work closely with Yokeum ...
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Oz agents progress towards 100% screening
Australia has made good progress in meeting new US security rules, says the Department of Infrastructure and Regional Development in its latest air cargo security newsletter.Airfreight agents are moving in rapidly on 100% piece-level screening targets for US-bound air cargo, after Enhanced Air Cargo Examination (EACE) started at 23 facilities ...
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Hong Kong secures HK$5bn revolving credit facility
Airport Authority Hong Kong (AA) has signed a five-year HK$5bn ($650m) revolving credit facility with 21 local and international banks, a successful placing that lays the “solid foundation” for financing the hub’s three-runway system.Hong Kong, handling 4.4m tonnes, was the largest non-integrator air cargo hub in 2014.AA chairman Jack So ...