Atlas Air Worldwide Holdings (AAWW) has announced that its subsidiary, Atlas Air, has entered into a joint-venture agreement to build a new cargo warehouse at Incheon InternationalAirport in South Korea. The new facility – the fi rst at Incheon to include ownership by a foreign carrier– will enhance the economics andeffi ciency of services provided to customersof Atlas Air, its sister company,Polar Air Cargo, and Atlas Air’s jointventure partners. The 129,000 sq.ft … [Read more...] about Atlas Air to build new cargo facility at Incheon

Amsterdan Airport Schiphol (AMS) will need a sixth runway to accommodate its anticipated growth, Schiphol Group indicated in its long-term outlook published last month. AMS expects passenger throughput to grow 84.4 percent to 85 million by 2025, with freight morethan doubling to 3.5 million tonnes. Runway capacity will need to increase from last year’s 423,122 fl ights to 600,000-650,000 by 2025, the airport said. The plan also calls for more selective use of nighttime capacity and a … [Read more...] about Schiphol needs sixth runway to meet growth

Germany's second largest freight airport, Cologne Bonn has invested about 22 million euros, in a new cargo and freight-forwarding centre that willstart operations in late 2008. "The new cargo and freight forwarding centre with its 10,000 sqm of operational space and 4,000 sqm of office space was targeted to create freight transportation-friendly surroundings and, at the same time, to help further develop the traditional daily freight business" said Gerton Hulsmann, head of the … [Read more...] about Cologne Bonn invests in cargo centre

Bangkok's Suvarnabhumi Airport is profi ting at the expense of airlines by abusing its monopoly status by imposing excessive landing and parking charges, the International Air Transport Association (IATA) claimed at its 63rd annual general meeting held in Vancouver lastmonth. The meeting also heard that the airport operators in Auckland, Sydney, Hong Kong, Seoul and Johannesburg had reaped profi t margins of more than 40 percent, while airlines have seen their cost savings - $1.9 billion … [Read more...] about IATA blasts AoT’s fee hikes at meeting

Airports of Hong Kong, Guangzhou, Macau, Shenzhen and Zhuhai have agreed to establish the Pearl River Delta Airports Cooperation Forum, a standing organisation to facilitate closer co-operation. Representatives from the airports signed a resolution for the forum establishment at a seminar in Hong Kong last month to expand infl uence of the region's aviation and airport industry to other regions, and establish communication with overseas and Mainland counterpart organisations. The new … [Read more...] about South China airports establish Forum

A Chinese investor's attempt to acquire a German airport hits a stumbling block after the transaction failed to get the Ministry of Commerce's approval, the China Economic Weekly reported. The deal grabbed headlines in late May, when LinkGlobal Logistics bought Parchim Airport in Germany and was hailed as an unprecedented transaction that opened a new investment chapter in Chinese aviation history. Chairman of LinkGlobal Logistics Pang Yuliang, the main player, was in the media spotlight … [Read more...] about Chinese bid for German airport hits snag