Air China has disclosed details of the new cargo airline it plans to operate in partnership with Cathay Pacifi c Airways, which will be based on the existing services of China Cargo Airlineswhich operate out of Beijing. The new carrier, in which Air China will hold a 51-percent majority stake, is scheduled to start in June and will hub in Shanghai. Air China currently holds a stake of 51 percent in China Cargo Airlines (CCA), while Citic Pacifi c and Beijing Capital Airport Group have stakes … [Read more...] about CHINA: Air China details cargo venture with Cathay
Leadership challenges for Asian aviation
Speaking at the recent Asia Pacifi c Aviation Media Association’s (APAMA) Aviation Lecture in Singapore, the director general and CEO of the International Air Transport Association (IATA), Giovanni Bisignani urged Asia to take a greater leadership role in shaping the global aviation industry. Unfortunately, cargo didn’t feature prominently in his speech despite the fact that especially Asian carriers derive a signifi cant portion of their overall revenue from cargo. Some … [Read more...] about Leadership challenges for Asian aviation
Cargo awaits its place in Abu Dhabi’s airport plans
Long the richest but one of the most conservative of the UAE states, Abu Dhabi has until recently seemed to disdain the example of its enthusiastic northern neighbour Dubai, with its massive investment in infrastructure, freighttransport and tourism. One reason was the emirate’s huge oil wealth. Abu Dhabi has estimated reserves of 92.2 billion barrels, the fourth largest in the world, and enough for it to pump two million barrels a day well into the next century. It also has the … [Read more...] about Cargo awaits its place in Abu Dhabi’s airport plans
UPS ditches A380 freighter order
UPS last month cancelledits order for the cargo versionof the Airbus A380 becausethe aircraft would not bedelivered soon enough. The world's largest packagecarrier had been the onlycustomer for the freighterversion after FedEx earliercancelled its order. Originally, 10 freighterswere to be delivered to UPSbetween 2009 and 2012, withoptions for 10 more. After discussions with theEuropean aircraft manufacturerUPS received a reviseddelivery schedule, whichdelayed the first plane until2012. … [Read more...] about UPS ditches A380 freighter order
Airbus
Airbus said that the A320 passengerto-freighter conversion (23 tonne payload)will cost about $4.5million andthe A321(27 tonne payload) will costabout $5million. The joint programmewith Russia is to start in 2010. … [Read more...] about Airbus
Beijing Kintetsu World Express Co., Ltd. (BKWE)
Beijing Kintetsu World Express Co., Ltd. (BKWE), a Chinese unit ofJapanese forwarder, Kintetsu WorldExpress, has commenced full-scaleoperations at its new warehouse atShenyang, in north-east China. The1,800 sq.m facility brings to three thenumber of warehouses operated byBKWE at its Shenyang branch. … [Read more...] about Beijing Kintetsu World Express Co., Ltd. (BKWE)