Asia – Page 11
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NewsEveryone's a winner at the Air Cargo News Awards 2023
Copyright: Telling PhotographyThe prestigious Air Cargo News Awards took place in the UK on Thursday night with 15 companies walking away with a trophy.More than 240 people attended the 39th awards ceremony that was this year presented by writer and comedian Dominic Holland at the Hilton London Syon Park.Companies were ...
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NewsAir Charter Service adds Greater China region
Wanny Wu and James Royds-Jones. Source: ACSAir Charter Service (ACS) has restructured its operations across Asia Pacific, adding a Greater China region.The new region will consist of the charter firm's Hong Kong, Beijing and Shanghai offices and will allow the company to "better focus on each unique market in the ...
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NewsQatar Cargo hopes to benefit from additional China flights
Source: Qatar Airways CargoQatar Airways Cargo is hoping to capitalise on extra bellyhold capacity to two new destinations in China.The airline's passenger business has started flying three-times-per week to Chengdu (TFU) and Chongqing (CKG) with its Airbus A330-300 aircraft.Both Chongqing and Chengdu stations will primarily operate as export-oriented markets, jointly ...
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Cainiao files for IPO on the Hong Kong Stock Exchange
E-commerce giant Alibaba will list its logistics business Cainiao on the Hong Kong Stock Exchange in an IPO that could raise as much as $1bn.On Tuesday, Alibaba submitted its application to list its logistics business on the stock exchange, although the financial terms and size of the offering were not ...
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NewsWFS looks to expand Bengaluru facilities
Source: WFSCargo handler Worldwide Flight Services (WFS) is investing in its facilities at Kempegowda International Airport Bengaluru after signing handling contracts with 20 airlines.The new deals, of between three and five years, come after the handler began operations at the airport at the end of May in partnership with Bangalore ...
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AAPA paints grim picture for air cargo demand
July was the 17th consecutive month of demand decline as consumers turned from goods to services and capacity grew, said the Association of Asia Pacific Airlines (AAPA).Preliminary July 2023 traffic figures released by the AAPA show demand, as measured in freight tonne kilometres (FTK), fell by 0.6% year-on-year in July, ...
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Freighter airline Raindo United Services gains AOC
Indonesia-based freighter operator Raindo United Services has gained its air operator certificate (AOC) and is hoping to launch operations in the coming months.The airline said this week that it had been awarded the AOC by the directorate general of civil aviation and the director of airworthiness and aircraft operation of ...
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NewsEtihad Cargo positive on China as it rolls out additional flights
Etihad Cargo has been ramping up its focus on the China market over recent months.In the last few weeks, the carrier has added new weekly Boeing 777 freighter services to the recently opened cargo specialist Ezhou Airport in China’s Hubei province and a new service to Guangzhou.In total, the carrier ...
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YTO Express adds Guangzhou–India links
Shanghai-headquartered express delivery company YTO Express is to launch three weekly Boeing 767-300 freighter flights linking Guangzhou Baiyun International Airport with Chennai, Mumbai and Delhi in India.According to a report by Chinese news agency Xinhua, each round trip will carry cargo including electronic products, automotive parts, textiles and machinery.The flights ...
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Hong Kong Air Cargo targets expansion
Hong Kong Air Cargo (HKC) has opened a new Greater Bay Area Office (GBA Office) in Shenzhen to expand its business in the region.According to a HKC LinkedIn post on July 31, chairman and president of HKC, ZHANG Youqiang, said: "The opening of our GBA Office in Shenzhen is a ...
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Asia Pacific air cargo demand hit by consumer spending shift and higher prices
A shift in consumer spending from goods to services and higher prices were partly to blame for an air cargo demand decline amongst Asia Pacific airlines in June.Preliminary June 2023 traffic figures released by the Association of Asia Pacific Airlines (AAPA) found air cargo demand, as measured in freight tonne ...
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Tables selling fast at the Air Cargo News Awards
Tables at the Air Cargo News Awards are selling fast following the announcement of shortlisted entrants last week.This year's exclusive awards take place in the UK at the Hilton London Syon Park near Heathrow Airport on Thursday, October 12, where attendees can network with their peers and colleagues.With the shortlist ...
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NewsAir Incheon expands with Kuala Lumpur freighter flights
Source: Air IncheonAll-cargo carrier Air Incheon has continued its expansion with the addition of freighter flights to Kuala Lumpur.The new five-times-per-week flights were launched on July 11 and utilise a Boeing 737-800 freighter.The airline said that the flights leave Incheon International at 11:00pm and arrive at Sepang International at 7:45am ...
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Nippon Cargo Airlines sale confirmed and new CEO appointed
Shipping and logistics group NYK and airline All Nippon Airways (ANA) have entered into a definitive agreement on the transfer of all shares in B747 freighter operator Nippon Cargo Airlines (NCA).The share transfer is due to take place on October 1 following approval of NCA's shareholders and will see ANA ...
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NewsHong Kong Air Cargo Terminals ups security with robot patrols
Hactl is introducing robots to improve safety and security. Photo: HactlHong Kong Air Cargo Terminals Limited (Hactl) is introducing robot patrols at its SuperTerminal 1 facility in a bid to improve security.The first security robot is about to enter service, initially patrolling car and truck parking areas, and export goods ...
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Asia Pacific air cargo demand continued to suffer in May
Asia Pacific air cargo business in May continued to suffer from "subdued demand conditions, driven by weak business confidence levels", according to the Association of Asia Pacific Airlines (AAPA).Preliminary air cargo traffic figures for May showed that in freight tonne kilometres (FTK) terms, air cargo demand fell by 7% year ...
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EV Cargo expands in Southeast Asia
Hong Kong-headquartered freight forwarder EV Cargo plans to launch its own operations in Vietnam as it continues expanding in Southeast Asia.The main EV Cargo office, located in Ho Chi Minh City, will manage the provision of air and sea freight forwarding, customs brokerage, warehousing, and cross-border e-commerce services, along with ...
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SATS and Air India sign cargo terminal deal at India’s newest airport
The joint venture company of Singapore-based gateway services provider SATS and Air India has signed a concession agreement with Yamuna International Airport to build a cargo terminal at India’s newest airport.The plan is for an 87-acre integrated multimodal cargo hub at the new Noida International Airport in Jewar, Uttar Pradesh, ...
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Asia airfreight droops as passengers soar away
Air cargo freight tonne kilometres (FTK) fell by 5.5% year on year in April, according to preliminary figures released on May 30 by the Association of Asia Pacific Airlines (AAPA).With offered freight capacity continuing to increase by 10.4%, the average international freight load factor declined markedly by 10.1 percentage points ...
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ST Engineering and SF Airlines set up MRO JV in China
Singapore Technologies Engineering Ltd's (ST Engineering) commercial aerospace business and SF Airlines have incorporated a new joint venture company (JVCo) in Ezhou, Hubei, China.The JVCo was set up with a registered capital of approximately S$19m. ST Engineering has a 60% stake in the JVCo, with the remaining 40% stake held ...