Region – Page 237
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Delta takes 3.5% stake in China Eastern
US passenger carrier Delta Airlines is taking a 3.5% stake worth $450m in China Eastern Airlines to “solidify” their strategic partnership.News of the shareholding came as the two carriers signed an agreement to expand their partnership and” better connect” Delta's global network with China Eastern, one of the leading airlines ...
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DHL's quality centre in Singapore
DHL Express has a new facility in Singapore that will combine a range of global operations activities in the South Asian trade hub and will also host a global Quality Control Center."Quality is one of the main sources of differentiation in our highly competitive industry, and our Quality Control Centers ...
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Asian airlines see cargo volumes decline for the first time this year
Asian airlines saw air cargo volumes decline for the first time this year as weakening demand took its toll on performance.The latest figures from the Association of Asia Pacific Airlines (AAPA) show that Asian airline cargo demand declined in June, slipping by 0.5% compared with a year ago to 5.3bn ...
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Air France KLM warns of capacity cuts as losses deepen
Air France KLM’s cargo division has seen losses deepen in the second quarter of the year and services at the airline will be cut as it attempts to address overcapacity.The airline group’s cargo division saw its operating loss for the second quarter of the year increase by 33% against last ...
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Hong Kong government to look at local concerns over third runway
Hong Kong’s government has announced the creation of the Aviation Development and Three-runway System Advisory Committee (ADTAC), which will address – among other aviation policy issues - local concerns over the approved project for a third runway at Hong Kong International Airport (HKIA).Expected to open by 2023, Hong Kong’s third ...
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Tough June for Europe's air cargo carriers
European airlines continued to struggle with the continent’s weak economic conditions last month with volumes and load factors continuing to lag behind last year’s levels.Combined data from the IAG Group, Lufthansa Group, Air France KLM and Finnair show that demand at the airlines they own declined by 4.6% year on ...
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DHL backs Hong Kong's third runway
DHL has called for work to start on Hong Kong airport's third runway "no later than next year" if the world's top airfreight hub is to “stay ahead in Greater China's vibrant air cargo market, fuelled particularly by the surging demand of e-commerce and high-value perishables”.The express giant expressed its ...
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NAHCO opens cargo warehouses at Enugu airport
Nigerian Aviation Handling Company (NAHCO) has opened two cargo warehouses at Akanu Ibiam International Airport in Enugu.The ground handler said the opening of the two warehouses, one within the airport, and the other just outside, would further enhance the development of the air cargo business in the south east, and ...
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CEVA opens new Netherlands distribution centre
CEVA Logistics has opened a new distribution centre for industrial spare parts, consisting of warehousing space of 12,000 sq m and a yard of 10,000 sq m in Born, the Netherlands.The new centre, which will cater for air, ocean and overland cargo, features 28,000 bin locations and 3,000 sq m ...
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Cargolux: 76% of flights unaffected by strike
Cargolux has claimed that 76% of its flights were unaffected today when pilots belonging to the LCGB union staged a walkout.The Luxembourg airline claimed that the strike action was illegal as a collective work agreement was in place and both parties were actively negotiating towards a new agreement.It said that ...
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Cargolux pilot's union stages 24 hour walk-out
Cargolux pilots belonging to the LCGB union have called a 24 hour walk-out from 3am this morning (July 23).A statement by the union, issued at 08.00 (CET), claimed that the “warning action” by its members has so far seen “five out of seven Cargolux Airplanes” remain on the ground since ...
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LuxairCargo ready to go green
Luxair Group’s airfreight handling division LuxairCargo says it is one of the first four companies to apply for a ‘Lean & Green’ label from the Luxembourg Government.The scheme was launched in June 2014 by the Ministry of Sustainable Development and Infrastructures in collaboration with Cluster for Logistics, which promotes and ...
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Panalpina suffers Q2 airfreight declines
Panalpina lost ground on its airfreight rivals during the second quarter of the year as key market segments came under pressure, while profits took a hit on currency exchange.The Switzerland-based freight forwarder recorded a 5% decline in volumes compared with last year to 203,000 tonnes, which it blamed on lower ...
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UPDATE: European shippers want lithium battery solutions not bans
European shippers would like to see new solutions developed to increase the safety of transporting lithium-ion batteries by air rather than blanket bans that stop them being flown at all.Speaking just days after Boeing sent an advisory out to airline customers recommending carriers no longer transport lithium-ion batteries as bellyhold ...
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Shanghai surge: PACTL sees half year tonnages up 10.9%
Shanghai’s Pudong International Airport Cargo Terminal (PACTL) saw a 7.2% rise in airfreight volumes to nearly 130,000 tonnes in June versus same month 2014, resulting in a 10.9% year-on-year growth for the first six months of 2015 to 762,000 tonnes.The 2015 half-year cargo throughput, the highest in the company’s history, ...
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ACS: record month reflects years of investment
Air Charter Service’s (ASC) recent strong growth is down to gains in market share and investment in infrastructure.Earlier this week, ACS reported that June was a record month with 1,056 charters organised, representing the first time it had breached the 1,000 charter contract mark in a single month.March and May ...
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ABC expects "stable" 2015 peak season
Expansion-minded AirBridgeCargo Airlines (ABC) expects a “stable rather than fantastic peak cargo season” for the second half of 2015 after reporting a 17% tonnage surge across its global network in the first six months.The Russian airline - whose Volga-Dnepr parent has lined up an order for 20 Boeing 747-8 freighters ...
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Software guardian for Australian cargo compliance
Cargo Guardian, a compliance management software for the Australian air cargo industry, is set to launch before the end of July.It has been developed by industry specialists to integrate with airfreight operational processes and existing data exchange practices.A statement from the Cargo Guardian developer said: “Ground handlers, airlines and freight ...
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Coyne appoints KIWI as Singapore GSA
Coyne Airways has appointed KIWI Logistics Cargo GSA as its general sales agent (GSA) in Singapore.The charter airline's chief executive Larry Coyne said: "Singapore is at the forefront of our push to increase sales in the Asia Pacific region and I am confident that, together with KIWI Logistics, we can ...
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Swissport revenue surge as air cargo recovers
Acquisitions, new business and a recovering air cargo industry saw Swissport report a 38 per cent increase in 2014 revenues to SFr2.9bn.The Switzerland-based provider of airport ground and cargo handling services said that aviation industry trends last year included outsourcing, growing passenger numbers in line with capacities and “an air ...