Asia – Page 92
-
News
IATA: "solid improvement" in air freight growth
AIRFREIGHT growth has seen a “solid improvement” in 2014 over prior year, but IATA warns that demand could weaken as the on-shoring trend continues.Volumes are being supported by the cyclical upswing in the global economy but high fuel prices, stable at $120 per barrel, and weak cargo yields continue to ...
-
News
Cargolux’s delayed Zhengzhou service takes off
CARGOLUX’S twice-postponed inaugural B747-8 flight to Zhengzhou has taken off after the all-cargo airline finally obtained operating permits from the Chinese authorities.Initial twice-weekly services will be increased to four from July, with an additional two frequencies added from September, says a company statement.The implementation of scheduled services between Luxembourg and ...
-
News
New B787 Dreamliner certified by FAA
A STRETCHED version of the B787 Dreamliner has been certified by the US Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) for commercial service.Boeing is in the final stages of preparing for the first B787-9 delivery to launch customer Air New Zealand.“Certification is the culmination of years ...
-
News
Cathay Cargo wins AirAsia Hong Kong contract
CATHAY Pacific Services Ltd (CPSL) has been appointed as handling agent for AirAsia’s cargo operations at the Cathay Cargo Terminal in Hong Kong.“We are fastidious about cost efficiency and competency in every aspect of our operations and are glad to find a compatible partner like CPSL which recognises our operational ...
-
News
Euro-Asian airport cargo network talks
SENIOR officials from three major Asian cargo hubs and a leading European airport have discussed improving the flow of airfreight, along with the current challenges facing the air transportation industry, at a special meeting in Shanghai.China’s Shanghai Pudong and Shenzhen Bao’an International airports, together with Kansai International Airport in Japan ...
-
News
Air France adds summer capacity to Jakarta
AIR FRANCE is launching a daily B777-300ER belly cargo service to Jakarta, Indonesia, via Singapore.Textiles and electronics are the main exports out of the Indonesian capital city, says a company statement.The new route from Paris’ Charles de Gaulle airport will complement the existing daily B777-300ER service from Amsterdam Schiphol Airport, ...
-
News
Post-MH370: Malaysia Airlines refocuses
WEAK air cargo volumes dragged down the overall revenue performance of Malaysia Airlines Group, resulting in a marginal two per cent growth in the first three months of this year.The carrier, which recorded a net loss of US$134m in the first quarter, needs to accelerate efforts to improve its revenue ...
-
News
FedEx ships 60 thoroughbred horses to China
INTEGRATOR FedEx Express has successfully transported 60 horses from Liège, Belgium, to a major show jumping event in Shanghai.Grooms and vets accompanied the thoroughbreds, which were transported in specially-designed stalls to ensure maximum comfort during their journey on two MD-11 freighters.In-flight temperatures were kept at between 15-25 degrees Celsius, says ...
-
News
Changi cargo climbs
SINGAPORE’S Changi Airport handled 157,500 tonnes of airfreight in May – a 3.5 per cent increase year-on-year.Cargo shipments increased by 0.8 per cent to 755,400 tonnes in the first five months of this year, says a company statement.More than 100 carriers operate at the facility, which connects Singapore to 290 ...
-
News
Air India set to join Star Alliance
AIR INDIA is set to join the Star Alliance in July after a meeting of member airline CEOs cleared the way for India's national carrier to become part of the global grouping.Integration teams at Air India, Star Alliance and its member carriers will now complete the “last necessary work” for ...
-
News
Asia Pacific cargo uptick in May
ASIA PACIFIC airlines saw a “healthy growth” in demand for air cargo in May, according to the latest industry data.Preliminary traffic figures from the Association of Asia Pacific Airlines saw International air cargo demand in freight tonne km increase by 4.7 per cent last month, with export shipments to the ...
-
News
Air China Cargo cash injection
AIR CHINA, Cathay Pacific and a third investor are to pump 2 billion yuan ($321 million) into their Air China Cargo freighter venture.In a website statement, Cathay said that the funds will assist Air China Cargo to “adjust its fleet, to reduce its operating costs and to improve the performance ...
-
News
East-West air freight rates fall in May
DREWRYS weighted average of air freight rates across 21 East-West trades, declined 4.5 points in May to 99.3 points, ending two consecutive months of small pricing gains.Despite the monthly decline, rates remain higher than they were 12 months ago, said the London-based freight consultancy.The Drewry Sea & Air Shipper Insight ...
-
News
Hactl wins EU security validation
HONG KONG Air Cargo Terminals (Hactl) has been validated as a Regulated Agent (RA3), enabling it to accept cargo on behalf of its airline customers for carriage to EU countries in accordance with the European Union’s new ACC3 security rules for incoming cargo and mail.The certification follows an exhaustive independent ...
-
News
Air cargo tonnage up 7.5 per cent in May
GLOBAL air cargo tonnages saw a 7.5 per cent year-over-year increase in May but a 0.2 per cent yield drop in US$, stated WorldACD in its latest market data report.From April to May, yields fell by 1.9 per cent, “a not unusual seasonal phenomenon,” said the Netherlands-based research house that ...
-
News
Air cargo prices to weaken says Drewry
AIR CARGO pricing is expected to weaken in the coming months, while global airfreight traffic growth will be held back by weaker demand in the intra-Asia region.That is the view of Drewry, the UK-based research house, in its latest briefing on the demand and supply equation for global airfreight and ...
-
News
Global air cargo stabilising, says IATA
AIRFREIGHT markets saw growth levels accelerate in May.IATA data for the month shows that demand measured in freight-tonne-kilometres [FTKs] rose across all regions, but with significant differences in performance.Whilst the Middle East carriers enjoyed 9.3 per cent year-on-year growth, the North American carriers reported 2.4 per cent.The growth trajectory reflects ...
-
News
Cathay head of the e-cargo class
CATHAY PACIFIC remains top of the e-freight league table, IATA’s statistics show, writes Thelma Etim, deputy editor.The carrier has retained its ranking as the airline that operates the most e-AWB shipments.Cathay’s e-AWB volumes climbed by 47.1 per cent in May, whilst Emirates is in second place with 29.8 per cent.Korean ...
-
News
PACTL achieves tonnage growth
SHANGHAI’S Pudong International Airport Cargo Terminal (PACTL) achieved tonnage growth of 12.36 per cent year-on-year and handled 121,178 tonnes of freight in June.Overall, the cargo terminal saw tonnage rise by 13.78 Per cent to 687,276 tonnes in the first half of this year. “These are the best results achieved for ...
-
News
Air New Zealand picks up new Dreamliner
AIR NEW ZEALAND has taken delivery of its new B787-9 Dreamliner at the Boeing factory in Seattle.The aircraft’s inaugural flight to the launch customer’s Auckland base is scheduled for later today.As part of the carrier’s plan to replace its current B767 fleet with B787-9s, it has 10 on order plus ...