ANA has applied to Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to reduce its surcharge on international cargo shipments from January 1 to March 31, 2009. The fuel surcharge is fixed for a three month period and revised on the basis of the average price of jet fuel for the three months immediately preceding the month of application for the revision. For the three month period from August to October 2008, Singapore kerosene – as reported by the US … [Read more...] about JAPAN: ANA reduces fuel surcharges for cargo
JAPAN: Nippon Cargo won’t see B747-8F until mid-2010
Nippon Cargo Airlines has had to defer the introduction of Boeing’s next generation jumbo jet until summer 2010 due to delays at the aircraft manufacturer. The carrier has 14 747-8 Freighters on order with the first two originally slated for delivery in October 2009, but Boeing has told Nippon Cargo Airlines that development plans have been thrown off schedule due to a strike by the company’s labour union. The aircraft manufacturer is giving priority to its 787 Dreamliner … [Read more...] about JAPAN: Nippon Cargo won’t see B747-8F until mid-2010
HONG KONG: Cathay scales back cargo operations
Cathay Pacific Airways is scaling back its cargo business as part of a swath of efforts aimed at cutting costs at the airline amid declining demand. The airline, the fifth-largest freight carrier in the world, will park two 747- 400 converted freighters for a year and delay construction of its cargo terminal at the Hong Kong International Airport for up to two years. Cathay, like its counterparts across the air cargo industry, has seen its freight business slide as an economic downturn … [Read more...] about HONG KONG: Cathay scales back cargo operations
THAILAND: Bangkok airports closure rippled through region
The total economic loss to Thailand – SE Asia’s second-largest economy – was estimated to amount to US$2.8 billion per day. The severing of air links with Thailand’s capital rippled through the region with airlines scrambling to reroute passengers and freight. Suvarnabhumi, a key air hub which handles 3 per cent of world air cargo and 100,000 travellers a day, was closed for 13 days for air cargo and 16 days for passenger traffic after government protestors occupied … [Read more...] about THAILAND: Bangkok airports closure rippled through region
A merger respite from the doom and gloom
Just when the bad news was starting to reach a mind-numbing level, along came some refreshing news, that although related to the downturn, provided the industry with a mental breath of fresh air. The confirmation of talks between Qantas and British Airways was not the biggest surprise on record, but it did provide not only a welcome respite from all the doom and gloom, but also a potential vision of a new era in the airline industry as a result of some much needed consolidation. But even … [Read more...] about A merger respite from the doom and gloom
India Post launches int’l express mail with DPWN
India Post has announced a tie-up with German global logistics group Deutsche Post World Net to provide an international express delivery service, WorldNet Express (WNX), to locationsspread over 220 countries. “As India transforms itself to be globally competitive, it needs world class and reliable logistics services,” India Post said. “This partnership will enable Indian businesses to access world class speed, reliability and technology, and reach out to global markets … [Read more...] about India Post launches int’l express mail with DPWN
