Whether facing a boom or bust scenario, airport handlers always had to plan several steps ahead, said Lilian Chan, general manager marketing and customer services for Hong Kong Air Cargo Terminals Limited (HACTL). She contrasted the Boeing predictions of 6.1 per cent per annum cargo growth with the current sluggish market performance. “What will happen next we just don’t know,” she told delegates. On the boom side of the argument, there were the new freighter airlines … [Read more...] about Hong Kong~ Boom or bust?
The China challenge for forwarders
Imbalances, rising fuel costs, new Chinese labour laws, and different interpretations of Customs regulations are all challenges facing freight forwarders in China, noted Anthony Lau, executive chairman, of forwarders BALtrans Holdings, opening a sessionon “The Chinese Market Challenge”. “Imbalance in trade has been a problem for the last 30 years and I believe it will continue to be for the next 20,” he said, adding that this in effect means exporters from China … [Read more...] about The China challenge for forwarders
An upbeat air cargo outlook~ with Hong Kong at the heart of it
“Air cargo is certainly and indisputably one of the world’s most important industries,” he said. “It drives economies, it facilitates trade and it creates new economicopportunities.” As such, he foresaw a promising future for air cargo, with more and more countries using minimum inventory and zero stock methods, and the globalisation of trade requiring air cargo to supply parts and carry fi nished productsto market. Moreover, much of the forecast six per … [Read more...] about An upbeat air cargo outlook~ with Hong Kong at the heart of it
MIDDLE EAST Supplement~ Emirates~ Dubai is to India what HK is to China
While most of its contemporaries are focusing on existing network expansion and moving into new markets, Saudi Arabian Airlines is taking an addition big step by privatizing itscargo division. Earlier this year in April, the Saudi national carrier invited potential investors to submit proposals to acquire up to a 49 per cent share in the cargo unit, according to Saud A. Arab, general manager of cargo andairmail for Saudi’s cargo arm. The privatization, approved by the Saudi … [Read more...] about MIDDLE EAST Supplement~ Emirates~ Dubai is to India what HK is to China
MIDDLE EAST Supplement~ Saudi Air set to look East
While most of its contemporaries are focusing on existing network expansion and moving into new markets, Saudi Arabian Airlines is taking an addition big step by privatizing itscargo division. Earlier this year in April, the Saudi national carrier invited potential investors to submit proposals to acquire up to a 49 per cent share in the cargo unit, according to Saud A. Arab, general manager of cargo andairmail for Saudi’s cargo arm. The privatization, approved by the Saudi … [Read more...] about MIDDLE EAST Supplement~ Saudi Air set to look East
MIDDLE EAST Supplement~ Maximus~ Size matters
Abu Dhabi-based Maximus Air Cargo may be a newcomer to the air cargo scene after being established only two years ago, but it has rapidly become the largest all-cargo airline in the UnitedArab Emirates. Specialising in outsized, heavy and special cargo needs, Maximus’ service offering covers everything from scheduled, to charter, government, military, humanitarian, royal, VIP to private air transport. While much of Maximus business is ad hoc, the group’s marketing director … [Read more...] about MIDDLE EAST Supplement~ Maximus~ Size matters
