Asia – Page 54
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News
Qatar Airways takes a 9.6% stake in Cathay Pacific
Qatar Airways has acquired a 9.61% stake in Hong Kong-based Cathay Pacific Airways.Both Cathay Pacific and Qatar Airways collaborate together as members of the oneworld passenger alliance.Cathay's current shareholders, Air China Ltd and Swire Pacific Ltd, will together continue to hold 74.99% shares in the airline. In August, Qatar Airways ...
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American Airlines adds third non-stop Beijing connection
American Airlines (AA) has launched daily non-stop B787-7 Dreamliner flights between Los Angeles and Beijing – its third direct link with the Chinese capital.AA also flies to Beijing from Chicago and Dallas.Jim Butler, senior vice president–international and cargo at the airline, said: “The new route enhances our expanding Asia-Pacific network ...
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SIA Cargo achieves massive turnaround
SIA Cargo, the freight arm of Singapore Airlines, has successfully turned the tables on its 2016-17 first-half loss of S$45m, posting an operating profit of S$32m for the same period of the 2017-18 financial year.The carrier attributed the result to higher volumes (up 6.1% year on year) as well as ...
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Transviet to represent 1GSA in Vietnam
1GSA – the independent general sales agent (GSA) network – has appointed Transviet Promotion as its exclusive member for Vietnam.Transviet Promotion, which sells both cargo and passenger capacity, was established in 1996. It has five offices in the Vietnamese cities of Ho Chi Minh, Hanoi and Da Nang, and 55 ...
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ANA international freight soars by a third
A 31.1% year-on-year increase in international cargo revenue to ¥12.9bn helped Japan’s All Nippon Airways (ANA) to record profits in the first half of the financial year (April-September).International cargo benefited from a strong outbound performance to overseas destinations thanks to robust demand, especially for automobile parts to North America and ...
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Changi cargo growth nears 10% in September
Singapore Changi Airport saw a 9.8% increase in airfreight to 183,560 tonnes in September, while the Asian cargo hub registered an 8.1% year-on-year increase to 1.6m tonnes in the first nine months of 2017.Among Changi’s top ten markets, Germany (+27%) was the fastest growing with strong year-on-year growth across all ...
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Cambodian carriers choose AAT for Hong Kong handling
JC (Cambodia) International Airlines has launched direct services from Phnom Penh and Siem Reap to Hong Kong and appointed Asia Airfreight Terminal (AAT) as its terminal operator there.JC International, which started operations in March this year, serves the two Cambodian cities twice weekly with its Airbus A320 aircraft.AAT is also ...
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NYK to become 100% owner of forwarder Yusen
Japanese shipping and transport company NYK is to acquire the remaining 41% stake of its freight forwarding subsidiary, Yusen Logistics, from minority shareholders. The transaction is expected to be completed by late March, 2018.In a statement, NYK said the move was part of its strategy to expand beyond its traditional ...
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JAL goes for Starlight Express in Nepal market
Nepalese freight forwarder Starlight Express is to act as the general sales agent (GSA) for Japan Airlines Cargo in the Nepalese market.Starlight Express will sell the cargo capacity of the Tokyo-headquartered carrier’s flights between Japan and Nepal.Starlight, as an agent of the Hong Kong-based freight forwarder and logistics solutions provider ...
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Cathay Pacific gains CEIV Pharma
Cathay Pacific has become the first airline in Hong Kong to be awarded IATA’s CEIV Pharma certification.Ronald Lam, Cathay Pacific’s director commercial and cargo, said: “Cathay Pacific Cargo adheres to the highest operating standards and this certification highlights our capabilities in handling these precious, time-sensitive and often life-saving shipments.”CEIV Pharma ...
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Cargo demand up in Asia Pacific but carriers still face pressure
Asia Pacific carriers reported another month of cargo growth in September, but continued to come under pressure due to fierce competition in the region.The latest figures from the Association of Asia Pacific Airlines (AAPA) show that cargo demand increased by a “solid” 11.4% year on year in September to 6bn ...
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Trinity and Etihad launch B777F to Hanoi from Ohio
Trinity Logistics USA and Etihad Airways have again joined forces to launch a weekly Boeing 777 freighter service between Hanoi in Vietnam and Ohio’s Rickenbacker airport (Columbus) in the US.The US logistics operator and the Middle East carrier already operate a joint twice a week B777F to Asia, from Colombo ...
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CargoLogicAir adds scheduled link ex-Europe to Dubai and Hong Kong
CargoLogicAir (CLA) has launched its second scheduled cargo service with a weekly route connecting London and Frankfurt with Dubai and Hong Kong.This latest new route for the British all-cargo airline follows the launch of CLA’s first scheduled operation in August, when it introduced twice-weekly B747-400 flights from London Stansted Airport ...
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Suparna looks to add new long-haul freighter services
Suparna Airlines, formerly Yangtze River Airlines and known in China as Jinpeng, has applied to open three new long-haul freighter services.The Xi'an Xianyang International Airport-hubbed airline has applied to the Civil Aviation Administration of China (CAAC) to add two China-Europe services and one transpacific operation on the trade lane utilising ...
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NewsAsia Cargo Monthly: Record week for Cathay Pacific
Asian airlines continued to report strong cargo figures in September, with Cathay Pacific breaking a cargo record and reporting improving yields.The latest figures from airlines in the regions show that there was some slowdown in growth in September at certain airlines but overall cargo continued to improve.The region’s largest cargo ...
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Singapore switches four freighter flights to Brussels from Amsterdam
Brussels Airport has confirmed that Singapore Airlines Cargo (SIA Cargo) will switch four freighter flights a week to the Belgian hub from its current base at Amsterdam Schiphol after the Netherlands gateway was forced to axe up to 35 freighter aircraft slots per week.The transfer, which takes place at the ...
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CIS airlines to outgrow overall cargo market
Cargo airlines based in the CIS region are growing much faster than their counterparts in other areas of the world.Speaking at the Caspian Air Cargo Summit, Boeing Commercial Airplanes regional director, airline market analysis marketing & business development Tom Crabtree said that airlines based in CIS countries had seen the ...
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China Southern and Air France-KLM intensify their cargo cooperation
China Southern Airlines Cargo (CZ Cargo) and Air France KLM Martinair Cargo (AFKLMP Cargo) are to intensify their strategic cooperation that could ultimately lead to an integrated commercial and operational cargo joint venture between Europe and China.The cargo arms of two major passenger carriers signed a Memorandum of Understanding (MoU) ...
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CIS airlines look to expand fleets on cargo growth
Airlines based in CIS countries are looking to expand their fleets in order to capitalise on growth in the region.At the Caspian Air Cargo Summit, speakers from Silk Way West, Sky Gate Cargo and Air Astana gave presentations on their outlook for the region.Baku-hubbed Silk Way Group senior vice president ...
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Nippon Express exports up by a fifth
Japanese forwarder Nippon Express said that its airfreight exports in September were 23,258 tons, up 20.5% on the same month of 2016. Total air exports for the six months from April 2017 to September 2017 were 129,785 tons, up 27% on the same period of 2016.Air imports on September 2017 ...