Asia Pacific remains the perishables sector’s biggest growth market
The perishables sector shows clearly the new conventional wisdom – that China is mightily important – but also sketches out the considerable mileage still to tap. There can be no doubting the scale or the importance of the sector as bigger players in the market testify. “Perishables is a major cargo segment handled at Changi […]
DHL Express and Air Hong Kong extend agreement until 2033
DHL Express and Air Hong Kong have signed a 15-year block space agreement, enabling the carrier’s overnight air services to continue supporting the DHL Express network until 2033. As part of the agreement, DHL will sell its 40 per cent stake in Air Hong Kong (AHK) to majority-owner Cathay Pacific, and purchase eight of AHK’s […]
Customers welcome Volga-Dnepr’s commitment to Asia
The charter market has mirrored the air cargo market as a whole by proving strong in 2017, and Volga-Dnepr Group says a new regional base in the region has supported growth. It has opened a regional base in Hanoi to provide full service support to local customers in Asia, which it says means Volga-Dnepr full […]
Asia remains an important market for Antonov
The Asian region will remain an important market for Antonov Airlines, representing a significant proportion of flight revenue in 2017, business development director Michael Goodisman (pictured) tells Air Cargo Week. Total charter revenue for 2017 has significantly increased compared to 2016, Goodisman says, and around 30 per cent of this revenue came from flights to/from […]
Asia to expand rapidly after exceptional year
2017 has proved to be an exceptional year for all three of Air Charter Service’s Asia Pacific offices; and regional director for Asia Pacific Steve Fernandez (pictured) predicts rapid growth in years to come. He says there has been a resurgence in peak season demand, the likes that have not been seen for over a […]
IATA: Airline profits to hit $38b in 2018, cargo to remain strong
Airline profits will rise to $38.4 billion in 2018, while cargo volume growth will return to a normal pace after booming in 2017, the International Air Transport Association (IATA) forecasts. Net profits will rise from the $34.5 billion expected to be seen in 2017, which has been revised from $31.4 billion in IATA’s June forecast, […]
IATA: October growth signals start to strong fourth quarter
Airfreight volumes have grown by 5.9 per cent in October, which the International Air Transport Association (IATA) says signals a strong start to the fourth quarter. The association says though October was slower than the annual growth of 9.2 per cent in September, it was still above the annual average of 3.2 per cent seen […]
WorldACD: October confirms its reputation with record volumes
The latest global air cargo figures as reported by 75 airlines to air cargo industry analyst WorldACD has shown a strong month. WorldACD says it confirms what followers of the industry had noticed already: the month of October 2017 was special. Monthly volumes were higher than ever, whilst revenues (when measured in EUR) peaked as well, […]
AAPA: air cargo demand up 5.8% in October
Preliminary traffic figures for the month of October released today by the Association of Asia Pacific Airlines (AAPA) showed healthy demand growth in the Asia Pacific region. AAPA says reflecting the sustained upturn in global trade for consumer and intermediate goods, Asia Pacific airlines saw international air cargo demand, as measured in freight tonne kilometres […]
ACI: Freight growth slows in September but remains robust
The global surge in freight volumes slowed in September but was still up 6.8 per cent year-on-year, Airports Council International (ACI) says. The association says though the growth was down from 10.5 per cent in August, it says most regions posted robust freight volume figures. Africa led the way, growing 16.2 per cent followed by […]
DHL Express to expand its HK hub with €335m investment
DHL Express is to invest €335 million in its Central Asia Hub (CAH) – in partnership with the Airport Authority Hong Kong. The expansion brings DHL’s commitment to the hub to over €520 million, making it the largest infrastructural investment by DHL Express in Asia Pacific to date. The express freight firm says the development […]
IATA: airfreight demand dips slightly, but still up 9.2%
Airfreight demand fell slightly in September, but was still up 9.2 per cent on the same month last year, the International Air Transport Association (IATA) reports. Freight tonne kilometers or FTKs saw their slowest pace of growth seen in five months. However, it was still significantly higher than the five-year average growth rate of 4.4 per cent. […]
Freight at Nairobi grows 75.5% as Africa tops regional growth
Nairobi’s Jomo Kenyatta International Airport saw the most significant growth of global gateways in August, according to figures released by the Airports Council International (ACI). The airport recorded a 75.5 per cent year-over-year (YOY) increase in freight volumes, but having been in negative territory for several months in the last year, it was able to recover […]
Asia Pacific carriers continue to see strong demand
Preliminary traffic figures for the month of September released today by the Association of Asia Pacific Airlines (AAPA) show international air cargo markets continued to enjoy double-digit growth in traffic volumes. International air cargo demand, in freight tonne kilometres (FTK) increased by a 11.4 per cent compared to the same month last year, reflecting the […]
IATA: air cargo demand up 12.1% in August
Air cargo demand grew by a double-digit figure for the fifth time in six months in August, according to figures released by the International Air Transport Association (IATA). The association says freight tonne kilometers (FTKs), increased YOY by 12.1 per cent in the month, compared to the same period a year ago with Africa up […]
Panalpina acquires Dutch perishables specialist Interfresh
Panalpina has acquired Dutch company Interfresh Airfreight Handling – which specialises in the Customs clearance and last-mile distribution of imported perishables from Africa, Asia-Pacific and Latin America. Panalpina will also takeover sister companies Fresh Cargo Connection and Dutch Cargo Connection, subject to conditions. All three companies are fully owned by CEO and founder of Interfresh, Sonja Kauffman. […]
Freight volumes up 8.9% in July, ACI reports
The Airports Council International (ACI) says in July freight volumes increased by 8.9 per cent fuelled by strengthening global trade and industrial production. On a year-to-date basis, global volume reached 8.4 per cent, which ACI notes drawing a particularly stark contrast with July 2016, where this number stood at 0.9 per cent. Most regions posted […]
ACI: Volumes to rise 7.4% over the next two years
The Airports Council International (ACI) forecasts in its latest edition of the World Airport Traffic Report that air cargo volumes will rise at rates averaging 7.4 per cent worldwide for the rest of the year and into 2018. ACI says over a two-year period, this growth will add up to an estimated 16.9 million additional tonnes by […]
China to need 180 widebody freighters by 2036, Boeing predicts
China will need 180 new widebody freighter aircraft through to 2036, and the Asia Pacific region will require 320, Boeing predicts in its annual Current Market Outlook. Boeing says it projects demand for 7,240 new aircraft over the next 20 years valued at nearly $1.1 trillion, with the majority being single-aisle units, with 5,420 required […]
Fourth double digit month in five months but growth may be peaking
Air freight has grown at double digit rates for the fourth time in five months but the International Air Transport Association (IATA) warns that growth may be nearing a peak. Demand measures in freight tonne kilometres (FTK) increased by 11.4 per cent in July compared to the same month in 2016, and at nearly four […]
Air cargo grows 11.8% in July despite slowdown in China
Air cargo volumes grew 11.8 per cent in July despite the world’s air cargo engine, China, slowing to single digit growth, WorldACD reports. The results were caused by above average growth from Europe at 14.2 per cent, Middle East & South Asia (MESA) at 13.5 per cent and Asia Pacific at 13 per cent, while […]
AAPA: Asia Pacific forges ahead with 10.9% growth in July
Airlines in Asia Pacific are forging ahead with strong with cargo growing 10.9 per cent in July, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres were up 10.9 per cent in July to 6.2 billion, with capacity growing at 4.4 per cent to 9.5 billion, with load factors improving by 3.8 percentage […]
AirBridgeCargo grows 16% driven by demand in Asia Pacific
AirBridgeCargo Airlines (ABC) continues to grow strongly with a 16 per cent increase in volumes in the first half of 2017 to 335,000 tonnes, with Asia Pacific driving demand. The airline has doubled its online network in Asia Pacific in the last two years to 12 destinations, with flights to Tokyo, Seoul, Singapore, Hanoi, Phnom […]
Demand remains strong for oversized at Volga-Dnepr
Volga-Dnepr Airlines has seen strong growth in demand for charters and a lot of diversity in the types of outsize and heavyweight cargoes it has delivered this year. Commercial director, Alexander Kraynov (pictured below) notes flying hours operated by its An-124-100 and IL-76TD-90VD freighters in the first six months rose 29 per cent and 37 […]
Yusen Logistics expands its services in New Zealand
Yusen Logistics (Australia) has started ocean and airfreight forwarding operations to and from New Zealand servicing its global network and partners. The forwarder says it initially commenced in late 2016 servicing business customers to and from Australia and now offers global coverage that includes logistics services across the entire supply chain. In March 2016, Yusen acquired […]
ACI: stronger global economy drives May growth of 11.1%
The strengthening global economy fuelled growth of 11.1 per cent in airfreight in May, according to the Airports Council International (ACI). ACI says after a period of economic uncertainty regarding US trade policy and risks related to the UK’s vote to withdraw from the European Union, global commerce is “no longer sidelined”. The association says […]
AAPA: Exports help cargo grow 10% in June across Asia Pacific
Export orders continue to boost air cargo shipments across the Asia Pacific region, with 10 per cent growth in June, the Association of Asia Pacific Airlines (AAPA) reports. Cargo demand measures in freight tonne kilometres (FTK) was up 10 per cent to 5.8 billion helped by high export orders in both emerging markets and advanced […]
Cebu Pacific to increase cargo capacity into Sydney
Philippine carrier Cebu Pacific will start daily flights between Manila and Sydney from 1 December this year boosting its cargo capacity on the route. Currently, Cebu Pacific operates an Airbus A330 five times a week and in the first quarter of 2017 flew 1,131 tonnes of cargo between the two cities. Cebu Pacific has the largest […]
Tonnage up at Macau International Airport
Macau international Airport handled 17,000 tonnes in the first half of 2017 – a 14.7 per cent increase on the same six-month period last year. The Asian gateway is aiming to keep up the growth in the rest of the year and handle 34,000 tonnes of cargo in 2017 as a whole. There are currently […]
Delta picks Anderson as director cargo sales for Asia Pacific
Delta Cargo has picked Eric Anderson as director – cargo sales for the Asia Pacific region, taking over from Eric Wilson on 1 August. Anderson will be based in Tokyo, and will lead the cargo sales team across Asia Pacific, continuing Delta Cargo’s transformation throughout the region with specific focus on the customer experience, operational […]
