Singapore Airport Terminal Services Limited (SATS) has announced that it has formed a new subsidiary – Asia-Pacific Star Pte Ltd – to offer low-cost ground handling services for low-cost carriers (LCCs) at Singapore Changi Airport and further afield in the region. A wholly-owned subsidiary of SATS, Asia-Pacific Star will provide point-to-point ground handling services such as passenger, ramp and baggage handling, and aircraft interior cleaning with shorter turnaround … [Read more...] about SATS forms new low-cost handling unit

Hong Kong Air Cargo Terminals Limited (Hactl) has announced that Grandstar Cargo International Airlines has appointed it for cargo handling at the Hong Kong International Airport, including physical cargo handling, air cargo documentation, ramp handling services, as well as crew transport service. Grandstar launched its Tianjin – Frankfurt scheduled freighter service in summer 2008, and recently expanded it to Tianjin – Hong Kong – Tianjin – Frankfurt, … [Read more...] about Grandstar Cargo goes with Hactl in HK

Aviapartner Handling has announced a new contract with Swiss International Air Lines for the provision of full handling services – including passenger services, aircraft handling and traffic operations – in Lyon. The contract, effective from 29 March 2009 covers 4 daily flights, operated with Avro ARJ1 aircraft. … [Read more...] about Aviapartner wins Swiss contract for Lyon

CEVA Logistics recently announced consolidated revenues of €6.3 billion for the fiscal year 2008 compared to €4.8 billion a year earlier. “In CEVA’s first full year of operating as a combined entity following the merger with EGL in August 2007, it is clear that providing customers with integrated freight management and contract logistics around the world has benefi ted the Group as it announces record new business wins of€1.7 billion,” the group … [Read more...] about CEVA sees good 2008 results

HNA Group, the parent of Hainan Airlines and China’s 4th largest aviation group, launched a new logistics company called Grand China Logistics in Shanghai this week. With a registered capital of 1 billion yuan (US$146.2 million) and total assets of 5 billion yuan, Grand China will handle shipping, road transportation and air freight. HNA now owns 11 subsidiaries including five shipping firms, one air cargo firm and one road service firm, as well as a fleet of 39 ships. Among … [Read more...] about Hainan Airlines moves further into logistics

Kuehne + Nagel Group (K+N) is reportedly considering 4,500 job cuts following the announcement of modest increases in earnings and revenue for 2008 and expressions of concerns over immediate future business prospects. In its annual results statement released this week, the Switzerland-based global forwarding and logistics provider commented that “for the time being there are no indications that world economy will recover quickly; therefore further volume reductions are expected in all … [Read more...] about K+N considers global job cuts