Singapore Airport Terminal Services Limited (SATS) has announced plans to launch Coolport @ Changi, Singapore’s first on-airport perishables handling centre, in the first quarter of 2010. To be built at a cost of S$12 million (US$8.23 million), Coolport @ Changi will handle terminal and transit perishables cargo within the Free Trade Zone and will have multi-tiered zones, with diff erent temperatures ranging from -28°C to 18°C, to handle a wide range of commodities such as … [Read more...] about Changi Airport gets new perishables centre
Airports
SATS profits even as aviation business down
Singapore Airports Terminal Services (SATS) has reported a 17 per cent rise in first quarter net profits, even though its aviation business has continued to flounder in line with the global economicdownturn. The ground-handling firm says that its net profit for the three months ended 30 June increased by S$5.9 million (US$4.1 million) to S$40.4 million, buoyed by a 44 per cent increase in group revenues to S$351.7 million. However, the Singapore Airlines subsidiary says that the revenues … [Read more...] about SATS profits even as aviation business down
Dubai Airport sees only slight cargo drop
While much of the world is still reeling from the sharp decline in cargo volumes, Dubai International Airport has recorded only a small decline in cargo throughput of 0.76 per cent for the first six months of this year compared with the same period last year. And, it is likely to end the year on the same levels as last year, a senior executive of Dubai Airports said. In the first half of 2009, the airport moved 874,828 tonnes of cargo compared to 2008 when it handled 1.83 million tonnes of … [Read more...] about Dubai Airport sees only slight cargo drop
Alaska forced to cut jobs as business slides
The continued slump in the global air cargo market has taken its toll on Alaska, with the Alaska International Airport System cutting positions at the airports in Anchorage and Fairbanks. “It has gotten to the point where the trimming of positions both inside and outside of the airport are noticeable,†said John Parrott, airport manager at Ted Stevens Anchorage International Airport. “We have as many as 50 vacancies that we are not refilling due to budgetary … [Read more...] about Alaska forced to cut jobs as business slides
TNT opens PHP15 million Philippines depot
Express integrator TNT has opened a new Philippines-based depot in San Fernando, Pampanga province north of Manila. Th e PHP15 million (US$312.7 million) depot is expected to significantly increase TNT’s connectivity and presence in Pampanga, particularly in the special economic zones of Subic and Clark, as well as the rest of Northern Luzon. TNT said the new depot is part of its continued investment in Southeast Asia and is integral to the company’s plans to build its … [Read more...] about TNT opens PHP15 million Philippines depot
UK’s BAA airport group sees slowing decline
UK airports group BAA – which owns London airports Heathrow, Gatwick and Stansted as well as Southampton in Southern England and Glasgow, Edinburgh and Aberdeen in Scotland – said cargo traffic showed a slower rate of decline in July, but was still down 11.7 per cent on the year. Cargo volumes at its airports are down 17 per cent for the first seven months of 2009 compared with a year earlier. Its airports also handled 14.5 million passengers in July, down just 2.4 per … [Read more...] about UK’s BAA airport group sees slowing decline