All Asia articles – Page 97
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Turkish Cargo revenues surge in 2014
Turkish Cargo bellyhold and freighter revenues for the calendar year 2014 reached $973m, an 11.7 per cent increase on 2013, according to year end group figures released by Turkish Airlines.The cargo arm of the Turkish flag carrier saw passenger aircraft freight revenues of $555m in 2014, a rise of 13.7 ...
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NCA latest casualty in cartel chase
Nippon Cargo Airlines (NCA) is the latest cargo carrier to admit defeat in the latest of a string of anti-cartel cases. It is one of 20 airlines currently on trial in New York, US, for allegedly participating in a conspiracy with other cargo carriers between 2000 and 2006. The US ...
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Cargolux takes on 11th 747-8F
Cargolux has taken delivery of its 11th 747-8 freighter. The aircraft was named ‘City of Zhengzhou’ in honour of Cargolux’s partnership with its Chinese shareholder HNCA and its recently established Chinese hub in the Chinese city.Cargolux plans to increase its 747-8F flights between Luxembourg and Zhengzhou to multiple daily connections.On ...
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Asiana latest to cave in to anti-cartel case
ANOTHER airline has agreed to hand over millions of dollars to prevent further anti-cartel prosecution in the US. This time, following NCA’s turn a few weeks ago, it’s the turn of South Korea’s Asiana Airlines, which has agreed to pay US$55m. Price-fixing lawsuits were brought against it and a raft ...
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SF Airlines plans freighter fleet growth
CHINA’S all-cargo carrier ShunFeng (SF) Airlines is near to closing a deal for six 767-300P2F conversions. Once complete, the airline will complete negotiations to purchase up to 15 passenger 737-300s. Some of these are destined for conversion, while the remainder will be used for parts.The orders are part of the ...
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IndiGo CarGo set for massive capacity growth
INDIA’S only profitable cargo-carrying airline, low-cost carrier IndiGo, has ordered 250 jets from Airbus for a list price of €20bn (US$25bn). It is Airbus’ biggest contract ever in terms of aircraft numbers.The new fleet would create a huge capacity for the airline’s airfreight arm, IndiGo CarGo.Higher disposable incomes, an expanding ...
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ANZ and Garuda cleared in Australian cargo cartel case
Australia’s federal court has dismissed air cargo cartel proceedings against Air New Zealand (ANZ) and Garuda Indonesia.The Australian Competition and Consumer Commission alleged that ÁNZ and Garuda were involved in "arrangements or understandings" with other international air cargo carriers to fix fuel, security and insurance surcharges on air cargo services ...
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Cathay adds Phnom Penh to freighter network
Hong Kong’s Cathay Pacific Airways will launch a twice-weekly B747 freighter service to Phnom Penh, the capital of Cambodia, from 23 November.The scheduled service will operate on a Hong Kong-Singapore-Penang-Phnom Penh-Hong Kong routing.Cathay Pacific’s director cargo, James Woodrow, said: “We are delighted to strengthen our already extensive network in Asia ...
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SIA halves cargo operating loss
SIA Cargo more than halved its operating loss to S$34m in the first half of the current financial year, versus S$71m of red ink in the comparable period 2013.The Singapore flag carrier parent group stated: “Airfreight demand has seen a moderate recovery in recent months, with demand projected to be ...
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Korean cargo yields rise
Korean Air registered a 5.7 per cent increase in cargo yield in the 2014 third quarter as its load factor rose 2.5 percentage points to 79.1 per cent.The South Korean flag carrier’s cargo arm, accounting for 22.1 per cent of total airline revenues in Q3, saw a 10 per cent ...
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Buoyant October for Cathay and Dragonair
Cathay Pacific and Dragonair traffic figures for October show an increase in both passenger and cargo numbers compared with the same month last year.The two Hong Kong-based airlines carried a combined 156,590 tonnes of cargo and mail last month, an increase of 14.0% compared to October last year. The cargo ...
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UTi charters B747F to ease US port congestion
US dockside port congestion has prompted UTi Worldwide charter a weekly B747F from Shanghai to Chicago.The global supply chain services and solutions company says that the scheduled service is intended to ease the backlog of goods needed in North America."Congestion at west coast US ports has reached a critical level ...
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VietJet to expand cargo offer
Vietnamese passenger carrier VietJet is expanding its cargo offer – including freighter services longer term - with the launch of Vietjet Air Cargo.The “new age” airline, launched three years ago, plans to operate 28 routes this year and will look to increase this by 39 in 2015 as cargo demand ...
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ANA working on Transpacific JV with United
All Nippon Airways (ANA) is seeking permission to form a transpacific cargo joint venture (JV) with its Star Alliance partner United Airlines.ANA filed its antitrust application to the Japanese transport ministry MLIT on Friday, beginning a regulatory process both in Japan and the US that, should it receive clearance, would ...
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Asiana set to take delivery of first 747-8 freighter
Asiana will take delivery of the first of five Boeing 747-8 freighters set to join the South Korean operator’s fleet.The aircraft, initially destined for Atlas Air in an order that was not taken up, is being leased from China's ICBC Financial Leasing Co.Asiana currently operate Boeing 747-400Fs (plus a single ...
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'Firm' October for Asia Pacific cargo demand
Preliminary traffic figures for October show continued growth in Asia Pacific air cargo demand.Association of Asia Pacific Airlines (AAPA) data indicates that international air freight demand, as measured in freight tonne km (FTK), grew by a "firm" 6.4% in October, on the back of buoyant demand for electronic goods from ...
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Cargolux adds freighter calls to Vietnam
Cargolux will expand its freighter services to Vietnam with a second weekly flight to Ho Chi Minh City and a fourth frequency to Hanoi.Cargolux has served the Vietnam market since 2007, and the European freighter operator says that its customers forecast “substantial increases” in volumes for next year. Cargolux also ...
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Finnair to axe Helsinki-Hong Kong freighter
Finnair Cargo is ending its MD-11F freighter service between Helsinki and Hong Kong due to “deteriorating yields” and will rely on daily bellyhold via an A340 passenger service.The last freighter operation will depart Helsinki December 20, 2014 and return from Hong Kong December 21.Vice president global sales Mikko Turtiainen said: ...
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ANA and Lufthansa Cargo JV hauls first shipment
The cargo joint venture between All Nippon Airways (ANA) and Lufthansa Cargo has carried its first shipment.Sent by forwarder Schenker-Seino and booked via Lufthansa Cargo, three pieces of general cargo weighing 153kg were transported by ANA on a direct flight from Tokyo to London.The forwarder was able to receive the ...
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Thai Airways set to present restructure plans to government
Loss-making Thai Airways International is to seek Thai government approval for its revised restructuring plan in January 2015.There is no news yet on whether the planned restructure will impact Thai’s cargo division. The carrier has two B747 freighters in its current fleet.The airline posted a third-quarter net profit of baht ...