All Asia articles – Page 78
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Speed with safety for Toll’s Perth site
Toll Group’s Express arm has completed a A$20m renovation of its depot at Perth Airport, part of a A$80m programme of property investments and improvements in Western Australia.It includes a 172 metre steel overhead walkway between the main office and the training room to keep pedestrians away from moving equipment ...
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Steady growth for Air China Cargo
Air China Cargo recorded "steady growth" in the first half of 2015, as revenue freight tonne km increased by 23.5% year-on-year to 3,166m and the load factor rose 0.47 percentage points to 54.41%.The cargo yield (excluding fuel surcharge) was RMB1.11, a year-on-year increase of 0.20%.Parent carrier Air China said that ...
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Horse specialist firmly on course for Australia
Equine specialist New Zealand Bloodstock (NZB) has gained approval from the Australian government’s veterinary department for its new UK quarantine station in Sussex.Approval allows NZB’s airfreight arm to offer a monthly horse transport service ex UK to Australia from November this year. NZB Airfreight already offers a similar service from ...
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What slump? Boeing still sees $950bn market in China
Boeing expects China to order over 6,300 new commercial aircraft over the next 20 years, despite the country’s current economic turmoil.In its annual China Current Market Outlook (CMO) released on 25 August – the day after a major slump in the local stock market – the plane manufacturer estimated the ...
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Hong Kong and Taiwan boost Kerry interims
Hong Kong-based logistics firm Kerry Logistics Network showed little sign of the Chinese financial crisis in its interim results for the six months ended 30 June.However, group managing director William Ma warned that the global economy “continued to be plagued with volatility in the first half of 2015” although its ...
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Asia slowdown impacts Schiphol’s cargo first half
Asian and European volume declines saw Amsterdam Airport Schiphol handle 784,567 cargo tonnes in the first six months of 2015, down 2.1% on 2014. The figures were mainly impacted by declines in Asia traffic (down 3.8% at 293,293 tonnes) and Europe (down 16.2% to 64,198 tonnes). Other regions held up ...
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Laser lights...action...charter
Delicate laser technology cargo has flown by freighter from Sweden to Japan after six months of detailed planning and preparation.The high value industrial laser equipment was carried from Orebro in Sweden by Volga-Dnepr Airlines on one of its IL-76TD-90VD aircraft.The cargo required a non-standard engineering solution and a temperature-controlled environment ...
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Korean keeps up a 747 tradition
Korean Air has taken delivery of the first of a fleet of ten 747-8 Intercontinental passenger planes. The carrier is the first airline in the world to operate both the passenger and freighter versions of the 747-8.Korean Air currently operates seven 747-8 freighters. Its 28-strong cargo fleet also includes 747-400, ...
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Cochin is India’s first all-solar powered airport
Cochin International Airport in India says it has become the first in the country to operate completely on solar power.Chief minister Oommen Chandy has inaugurated a 12 MWp solar power plant, comprising 46,150 solar panels laid across 45 acres near the cargo complex. The plant is now producing 50,000 to ...
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SPECIAL REPORT: How long will Japanese air cargo growth last?
Last year, major Japanese airports recorded strong air cargo volume increases after years of stagnation.It has been suggested that a weakening in the value of the yen and increasing costs for producing in China resulted in some manufacturing moving back to Japan.Japanese companies also increasingly developing highly complex components, which ...
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Chinese cargo airlines suffer from a different kind of problem to their European counterparts
ANALYSIS: The latest monthly airline data has revealed that while European airlines have been struggling to protect cargo load factors because of volume declines, Chinese airlines have faced the same issue but because of capacity additions.During July, of four major Chinese cargo carriers, three recorded demand increases on last year, ...
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Cathay Pacific sees H1 air cargo load factor improve, but yields slide
An improved cargo load factor at Cathay Pacific and Dragonair was not enough to stop a decline in yield as industry overcapacity and lower fuel surcharges had an effect on the airline group’s first-half performance.The world’s largest cargo airline group recorded a 2.5% year-on-year decline in first-half revenues of HK$11.4bn, ...
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Polar opens Changi link
Scheduled freighter carrier Polar Air Cargo Worldwide has made its inaugural flight at Singapore’s Changi Airport.The Polar B747F will add a new US city, Cincinnati in Ohio, to Changi’s freighter network connections.Polar, majority owned by US-based Atlas Air Worldwide Holdings in partnership with minority stakeholder DHL Network Operations (US), will ...
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SpiceJet opts for SmartKargo
Indian low-cost airline SpiceJet has become the first airline in India to deploy cloud-based air cargo management solution, SmartKargo, for its in-house and international cargo operations.The SmartKargo system is built on cloud computing instead of dedicated hardware and software and offers mobile platforms and data analytics.The deployment of the system ...
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DHL opens Melbourne facility
DHL has opened a new Melbourne gateway facility to better support regional businesses operating in and out of Australia.The DHL Express Melbourne Gateway boasts a total investment of A$20m (€14m), the largest infrastructural amount invested by the global giant in Australia.Located at Melbourne Airport, the facility employs almost 100 people ...
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Cathay Pacific suffers July air cargo slowdown
A July increase in airfreight volumes at Cathay Pacific and Dragonair was not enough to offset volume increases and stop another decline in load factors.The Hong Kong airline recorded a 1.4% year-on-year increase in airfreight volumes in July to 877,066 cargo and mail revenue tonne km (RTK).Meanwhile, capacity increased in ...
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UTi joins forwarders offering China-Europe rail alternative to air
UTi Worldwide has joined the growing number of forwarders offering railfreight alternatives to ocean and air cargo between China and Europe.The global supply chain services provider launched its weekly Iron Silk Road rail service between Harbin and Hamburg to provide clients “more cost-effective transport options in these markets and beyond”.UTi ...
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China Southern joins IAG Cargo’s Partner Plus
China Southern Airlines has joined IAG Cargo’s Partner Plus Programme, taking its place alongside Qatar Airways, Japan Airlines, the Avianca group, American Airlines, and Finnair.Customers of IAG Cargo, the freight arm of British Airways and Iberia, can now book confirmed space on China Southern Airlines' aircraft to a range of ...
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Enfeebled Asia-Pacific airfreight market and sluggish Europe warns ACI
A weakening of international trade activity has “enfeebled the Asia-Pacific airfreight market” in the first half of 2015, while Europe remains “sluggish” in the same period as North America and Middle East volumes rebound.Latest data from Airports Council International (ACI) indicates that global airfreight volumes in June showed average “modest” ...
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Air cargo revenues down 9% in first half of 2015
Worldwide air cargo revenues in the first half of 2015 are more than 9% behind last year, but recent market softness appears to have plateaued in June.The latest figure from WorldACD show that air cargo revenues declined by 9.3% year on year during the first six months, with almost all ...