All Asia articles – Page 93
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PACTL spearheads Chinese cool chain excellence
SHANGHAI’S Pudong International Airport (PVG) is a work in progress, with two extra runways and a 3,300 sq m cargo centre for perishable goods just part of the expansion plans for the world’s third largest airfreight hub.Added to that is the emerging Shanghai Free Trade Zone, a pilot project by ...
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AirAsia India appoints ECS Group GSSA in India
AIRASIA INDIA has appointed Globe Air Cargo India, a subsidiary of the ECS Group, as its cargo general sales and services agent (GSSA) there.The new low-cost airline – owned by AirAsia (49 per cent), Indian conglomerate Tata (30) and Telestra Tradeplace (21) – commenced operations from its base at Bangalore’s ...
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Etihad Airways adds six new services
ETIHAD Airways is to launch six new routes in the first half of 2015.The national flag carrier of the UAE will operate daily flights from Madrid, Edinburgh, Kolkata Entebbe.It will also run four flights a week to Hong Kong and three a week to Algiers, says a company statement.Existing daily ...
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United Cargo extends TempControl to India
UNITED CARGO is extending its temperature-sensitive service reach to include Delhi and Mumbai.It increases the number of certified locations to 49 in its worldwide network.United serves Delhi and Mumbai with daily, B777 non-stop flights."Delhi and Mumbai are particularly noteworthy additions to United's TempControl network," says, Mary Tussing, manager of specialty ...
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Demand for aircraft will hit new heights, says Boeing
THE Middle East and Asia Pacific carriers will take delivery of almost 60 per cent of the predicted 8,600 new widebodied passenger aircraft ordered over the next 20 years, forecasts Boeing, writes Thelma Etim, deputy editor.Among them will be B787-10s, B777s and B777Xs, and B747-8s – adding substantially to the ...
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Changing times, changing values
WHILE Air China Cargo has received a US$320 million cash injection from its shareholders, it appears that Dutch operator Martinair has a ‘for sale’ sign posted on its cargo fleet.Two different approaches, but for very different reasons.Air China and Cathay Pacific, the two largest shareholders in Air China Cargo, feel ...
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Etihad Cargo targets Vietnam
ETIHAD Cargo has begun freighter flights between Abu Dhabi and Hanoi, Vietnam.The dedicated cargo service operates every Thursday and Sunday using an Airbus A330-200F, with a capacity of 60 tonnes.Flights to Hanoi route via Mumbai, while the return service is direct to Abu Dhabi.Situated along the Red River delta, Hanoi ...
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June cargo figures up for Cathay
CATHAY Pacific and Dragonair carried a combined 140,444 tonnes of cargo and mail in June, an increase of 15 per cent on the same month last year.The cargo and mail load factor rose by 3.2 percentage points to 64.9 per cent.Capacity, measured in available cargo/mail tonne kilometres, rose by 10.2 ...
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Emirates to offer belly capacity to Budapest
FROM October, Emirates Airline is to operate a daily, wide-body A330-200 scheduled passenger service to Budapest, Hungary, offering up to 12 tonnes of belly cargo lift in each direction.With markets in Asia playing an increasing role in the east European nation’s foreign economic growth targets, the UAE carrier expects to ...
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Cathay to operate B747-8 freighter to Calgary
CATHAY PACIFIC Airways is boosting its freighter services to and from Canada with a new twice-weekly scheduled B747-8F service to Calgary from 17 October – subject to government approval, writes Thelma Etim, deputy editor.It brings the total number of freighter destinations the Hong Kong-based carrier serves in North America to ...
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IATA hits out at Malaysian 'outrage'
IATA has described the tragedy of Malaysian Airlines flight MH17 as “an outrage and a hideous crime”.In a powerful statement released by director general Tony Tyler, the airline association says the downing of the aircraft was an attack against the air transport system – “which is an instrument of peace.”The ...
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July uptick for air cargo revenues
Transpacific air cargo registered a 25 per cent revenue growth in July, as global freight revenues rose almost nine per cent versus prior month 2013.Latest analysis from Netherlands-based research house WorldACD found that global volume in July increased six per cent year on year, accompanied by a US$-yield improvement of ...
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Air freight volumes show solid gains
Air freight volumes continue to show solid gains on a year ago, supported by economic improvements in some regions, says IATA in its latest quarterly cargo chartbook.But high jet fuel prices and overall weakness in yields have kept cargo financial performance from improving so far this year, adds IATA.“Emerging Asia ...
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IATA: Cargo growth accelerated in September
Global air freight showed accelerated demand in September for most markets, although there are “mixed messages” in regional growth and fears remain of a "bumpy road" ahead.International Air Transport Association (IATA) data saw global freight tonne km (FTKs) volumes rise 5.2 per cent compared to September 2013, some 0.8 percentage ...
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AsiaPac and North American origin cargo drives September surge
Air cargo’s worldwide dollar revenues grew six per cent in September, spurred on by the origin markets of Asia Pacific (+7.7 per cent) and North America (+6.6 per cent), says independent research house WorldACD.Netherlands-based WorldACD, using primary data supplied from airlines, added that while global air cargo volumes increased 6.6 ...
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Drewry east-west price index hits peak for year
Drewry’s East-West Air Freight Price Index rose by 11.9 percentage points in October to a year-peak of 115.6 points.The latest increase was the result of "strong peak season demand and tighter capacity conditions," with rates for eastbound transpacific rising particularly fast, indicative that pricing on that route was inflated somewhat ...
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October bounce prompts 2014 optimism
October’s air cargo growth, better than 2013, is prompting the view that 2014 will become the second-best year for revenues since 2008, despite a 10.4% yield drop since 2011, the best post-crisis year to date.The latest monthly update from Netherlands-based research house WorldACD Market Data said: “Until October came along, ...
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IATA stats: October growth continues but caution prevails
IATA’s October air freight data for October presents a mixed picture, as strong route development by Middle East carriers and demand for Apple’s iPhone 6 out of Asia were countered by economic concerns in Europe and Africa.Overall global volumes were up 5.4% in October compared to a year ago, an ...
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IATA figures find fair weather for freight flow
IATA’s November Airlines Financial Monitor finds good news for much of the air cargo sector as freight volumes continue to expand steadily and load factors improve on the back of growth in demand.Air freight volumes increased in October compared to September, with recent improvements driven by progress in Asia Pacific ...
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IATA: solid volume gains
Air freight volumes are showing solid gains on a year ago, supported by improving trade growth in some regions, but weakness in load factors and yields continues to place downward pressure on financial performance.That was the message from the latest cargo e-Chartbook from airline association IATA, covering the fourth quarter ...