Tonnage fall of 2.5% in October at Incheon
Seoul’s Incheon International Airport saw cargo volumes fall 2.5 per cent in October handling 247,000 tonnes. The gateway put the decline down to the loss of operating days in the month, due to the golden Chuseok Holiday, which meant it only operated on 18 days in October as opposed to 22.5 days. However, the airport […]
Rising demand in key markets drive Cathay’s tonnage
Cathay Pacific and Cathay Dragon carried 179,691 tonnes of cargo and mail between them in July, an increase of 13.7 per cent on the same month last year. The cargo and mail load factor rose by four percentage points to 68.7 per cent. Capacity, measured in available cargo/mail tonne kilometres, was up by 4.5 per […]
Market upswing boosting the land of the rising sun
Japan’s air cargo industry is well positioned for a good year with Japan Airlines (JAL) signaling the recent upswing in the market looks set to remain. There are some quirks in this. “It is expected more especially for international cargo due to high demand as far as with the result of first quarter of FY2017,” […]
Strong volume growth for PACTL in the first half of 2017
Shanghai Pudong International Airport Cargo Terminal Co (PACTL) saw strong volume growth in the first half of 2017, beating the tonnage in the corresponding period of last year by 12 per cent and setting its best records in history. The cargo handler’s tonnage for the six month period was 873,573 tonnes with the strongest performance […]
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 […]
Incheon joins the Asian tonnage growth party
Incheon International Airport in South Korea saw international cargo grow year-on-year (YOY) by 7.7 per cent in May to 238,000 tonnes, continuing the strong growth trend it posted in the first quarter. The gateway says the gradual recovery in the country’s exports in core products such as semiconductors and display manufacturing equipment was one reason […]
Beijing’s new gateway on track to open in 2019
Beijing’s new international airport is developing fast and the steel structure of terminals was completed on Friday, according to media outlets in China. The Xinhua News Agency website says the gateway which is currently known as Beijing Daxing International Airport is expected to begin operations in 2019. The official name of the hub has yet to […]
Cargolux expands services between China and the US
Cargolux Airlines has added Atlanta in the US to its destinations served from its Zhengzhou (CGO) hub in China. The North American city becomes the second destination, after Chicago, to receive direct connections to and from Cargolux’s Chinese hub. The service from CGO to Atlanta, in combination with Chicago, on its flight CV9765 that originates […]
Incheon posts strong growth and to build new facilities
Seoul’s Incheon International Airport posted a 9.9 per cent year-on-year (YOY) increase in volumes in April – handling 246,268 tonnes. In April, inbound cargo was up 12.2 per cent to 121,298 tonnes and outbound was up 7.4 per cent to 124,970 tonnes. The gateway says this was fuelled by the gradual recovery of Korean exports […]
Cathay Pacific makes 600 redundant and scraps cargo director role
Cathay Pacific has reorganised its head office and made around 600 people redundant in Hong Kong and has also restructured the cargo department. The Asian carrier says in line with the reorganisaition it will “streamline” the structure by removing the role of cargo director. Last month, Cathay Pacific revealed that Simon Large was leaving his role as director […]
Alibaba looks to grow e-commerce in Pakistan
Alibaba has signed of a memorandum of understanding (MoU) with the Trade Development Authority of Pakistan (TDAP) to grow the e-commerce sector in Pakistan, which could give the country’s airfreight sector a boost. Executive chairman, Jack Ma and Pakistan PM Nawaz Sharif penned the MoU during PM Sharif’s visit to the Alibaba Headquarters in Hangzhou, China this week. Under […]
Fresh cargo markets boost Korean Air’s bottom line
Korean Air’s cargo operations have a strong and beneficial influence on its bottom line as the company grows by developing new markets. Figures show during the fourth quarter of 2016 that freight generated 2,868 billion Won ($83 million) for Korean against 2,284 billion Won in the same period of 2015. Korean Air declined to comment […]
New cargo facilities to be constructed at Incheon International Airport
Incheon International Airport is adding more cargo facilities to its already impressive roster so it can meet rising local demand and increasing competition. Korea’s main cargo gateway is to extend its offering for the airfreight community in the next few years as growth continues at a fairly rapid pace. “We are currently developing additional space […]
Strong growth at Heathrow, Gatwick plans more Chinese services
Heathrow Airport’s cargo volumes have continued strong growth in October while Gatwick Airport’s double-digit recovery continues as it plans more Chinese routes. Heathrow’s volumes shot up 6.7 per cent to 141,444 tonnes with particularly strong growth from markets in Latin America and East Asia. It says Mexico was up 28 per cent, followed by China […]
Heathrow cargo soars in the wake of Brexit vote
Heathrow Airport’s cargo volumes soared by just under six per cent in September on the back of growth to East Asia and Latin America. The hub says freight traffic to was Brazil was up 18per cent, to China by 13 per cent and to Mexico by seven per cent. Heathrow handled 126,109 tonnes in September a 5.9 […]
Heathrow pushing for gold medal in cargo
Heathrow Airport is hoping to replicate Team GB’s Olympic medal success by pushing cargo volumes and services to standards worthy of a gold medal. In August volumes rose by 0.3 per cent to 122,909 tonnes though fast growing markets were very strong, with Latin America up 12 per cent, the Middle East by 5.7 per […]
Korean and Asiana feeling the impact of falling yields
Both Korea’s airlines, Korean Air and Asiana Airlines are reporting upticks in business although not across the board, reports Michael Mackey Korean Air, the larger and more established of the two, reported total tonnage carried rose three per cent with Korea outbound the star pupil rising by 10 per cent in a second quarter business […]
Cargolux adds Ashgabat in Turkmenistan to its network
Cargolux Airlines has expanded its freighter route network by adding Ashgabat in Turkmenistan. The once-weekly service complements Cargolux’s existing flights to Turkmenbashi that were started exactly one year ago. Since then, Cargolux has expanded its Turkmenistan services to eight per week. In July, the carrier will further boost its frequencies to 11 per week. Ashgabat becomes Cargolux’s […]
Europe and East Asia drive Heathrow growth
Heathrow Airport has seen cargo volumes increase by 1.5 per cent in May to 129,671 tonnes, driven by European and East Asian growth. European cargo volumes were up by 9.6 per cent and East Asia increased by 8.7 per cent. Heathrow says East Asian growth was driven by Air China increasing by 40 per cent, […]
Heathrow volumes fall despite East Asian growth
Heathrow Airport has seen cargo volumes fall by 3.8 per cent in March to 131,661 tonnes, following strong growth in January and February. Between January and March, cargo volumes have increased by 0.4 per cent to 372,299 tonnes having seen growth of almost three per cent in both January and February. Despite the fall, Heathrow […]
Latin America sends Heathrow’s volumes skywards
Heathrow Airport has seen cargo volumes increase by 2.7 per cent in February to 121,424 tonnes, with exports to Latin America growing most strongly. The region grew by five per cent helped by increased frequencies from Avianca and Aeromexico. Trade with Mexico saw the biggest surge, up 40 per cent. This was followed by 34 […]
