Asia Airfreight Terminal Co Ltd (AAT) announced its tonnage throughput for September 2008 was 53,693 tonnes, down 9 per cent compared with the same month last year.Export cargo registered 37,176 tonnes, a decline by 10 per cent against same period last year. Import cargo volume for September was 16,213 cent from last year. Trans-shipment cargo volume was 304 tonnes; down 23 per cent when compared against corresponding period in 2007. Th e cumulative tonnage throughput from January to September … [Read more...] about AAT sees tonnage drop 9% in September
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8% tonnage drop for Hactl in September
Hong Kong Air Cargo Terminals Limited (Hactl) announced its tonnage quarter and the first nine months of 2008.A total of 221,882 tonnes and 661,505 tonnes were handled in September and the third quarter, representing a yearon- year decline of 8 and 4.1 per cent respectively. Tonnage throughput for the first nine months of the year was 1,939,896 tonnes, representing a cumulative year-on-year growth of 2.3 per cent. Export volume was 125,893 tonnes for September and 365,926 tonnes for the third … [Read more...] about 8% tonnage drop for Hactl in September
Changi wins King Hussein Airport job
Singapore ’s Changi Airpor t Consultants has been awarded the contract to masterplan the expansion of King Hussein International Airport in Aqaba, Jordan. CAI will draw up three potential plans for the expansion, which will project the facilities needed at the airport for the next 20 years. The plans will focus on airport layout, the configuration of runways, taxiways, aprons, structures, navigational aids and land use in the surrounding area.They will also look into making the development … [Read more...] about Changi wins King Hussein Airport job
ADP, Schiphol alliance creates
Aeroports de Paris, which operates the main Paris-area airports, and Schiphol Group, operator of Amsterdam Schiphol, recently agreed to enter into an initial 12-year alliance that will include each acquiring an 8 per cent stake in the other, establishment of a “dual hub” philosophy for Paris CDG and AMS that is expected to produce annual air-side synergies/ savings totaling €89 million (US$119.4 million) and “joint ventures” to acquire and develop airports around the … [Read more...] about ADP, Schiphol alliance creates
Incheon eager to please, eager to grow
Despite its first class facilities, services and business friendly policies, Incheon Int’l Airport (ICN) has often found itself in the shadow of more traditional hubs in the region, but this is changing as companies look to extract the ultimate value out of their supply chains.“Even though we have gotten rid of many regulations and significantly improved the business environment, it seems like people tend to bring traditional hubs such as Hong Kong and Singapore into their mind when … [Read more...] about Incheon eager to please, eager to grow
China : China's industrial output hits 6-year low
China’s industrial growth in September hit a six-year low at 11.4 per cent from a year ago, with economists anticipating further declines, the South China Morning Post reported. The figure, which was below the 12.8 per cent recorded in August, was a result of a manufacturing ban for factories near Beijing in the runup to the Olympic Games, as well as slackening global demand due to the US financial crisis. While industrial output may recover somewhat for the rest of the year, now that the … [Read more...] about China : China's industrial output hits 6-year low
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