Transportation companies including Yusen Air & Sea Service and All Nippon Airways and government officials are looking at joint transfer services for air freight between Tokyo’s Haneda and Narita airports, Nikkei English News reported. Also participating in the talks are Nippon Express Co., Kintetsu World Express and Japan Airlines, Nikkei said. An expansion at Haneda in October 2010 is projected to see more cargo passing through the airport. … [Read more...] about Haneda may play more important cargo role
Airports
Beijing Capital Airport faces cargo litmus test
Beijing Capital International Airport (BCIA) is China’s largest passenger airport, and cargo-wise, it is in a leading position in the country, second only to Shanghai Pudong International Airport (SPIA), which holds the pole position. BCIA is the world’s 18th busiest airport in terms of cargo, while SPIA is ranked third busiest freight airport globally. At present, BCIA has four cargo terminals in operation, and two more cargo terminals are under construction for … [Read more...] about Beijing Capital Airport faces cargo litmus test
EADS chief says orders may be down for two years
With the global economic quagmire flattening demand for aircraft, the head of Airbus SAS’s parent said carriers may be less inclined to take new aircraft in the next year or two as they grapple with the decline in global traffic, the said. “The market isn’t dead, we have some campaigns, but it’s not extremely active, that’s clear,†European Aeronautic, Defence & Space Co. chief executive Louis Gallois told Bloomberg. “It’s … [Read more...] about EADS chief says orders may be down for two years
Datamonitor: Positive economic signs a start
Positive economic indicators coming out of Europe, Asia and the US over the last ten days give reason to forecast a recovery in the global logistics and express industry. However, for global freight and parcel volumes and revenues to rebound significantly there will need to be major improvements in consumer confidence, industrial output and subsequent international trade volumes, according to new research by independent market analyst Datamonitor. … [Read more...] about Datamonitor: Positive economic signs a start
IATA: Cargo drop slowed but yield still down
The year long decline in global air cargo slowed in July but revenue and freight rates remain under intense pressure, the International Air Transport Association (IATA) said. Cargo volumes fell 11.3 per cent last month from July 2008, compared with a 16.5 per cent year-on-year decline in June and a 19.3 per cent average for the first seven months of the year, it said. Despite this improvement the July load factor, or capacity utilisation, fell to 47.6 per cent from 49 percent in July 2008. "The … [Read more...] about IATA: Cargo drop slowed but yield still down
Korean adds additional B747F to Toronto
The Greater Toronto Airports Authority (GTAA) has announced that Korean Air Cargo, the largest cargo carrier in the world, will be increasing its freighter service at Toronto Pearson. Beginning in early September, the airline will be adding a third weekly B747â€Â400F flight. “We are very happy to see this increase in service from Korean Air Cargo,†said Lloyd McCoomb, president and CEO of the GTAA. “This increased cargo offering is very good for the whole community we … [Read more...] about Korean adds additional B747F to Toronto