Panalpina’s traditional and well–established biggest trade of Europe to Asia will remain but will be used as a base to grow the intra-Asian and transpac markets. “We have made good inroads in the intra-Asia market with double digit growth over the past couple of years. We’ve been growing on the back of strong automotive production and volumes into and out of China and India primarily, as well as pharmaceutical traffic from Singapore,” Sou Ping Chee, Regional Head of Air Freight Asia … [Read more...] about Panalpina makes moves on the Intra-Asian and Transpac markets
Cover Story
Low-cost carriers fly high
The number of low-cost carriers expanding cargo operations in the industry has risen over the years. Air cargo is a significant piece of pie for these carriers, who find a new source of revenue by taking advantage of available capacity on their carriers. With a generally lower fuel surcharge, these carriers offer to carry cargo at lower rates, milking as much profits off flights- an attractive option for cost-conscious shippers. Despite being newcomers in an age old industry, these low-cost … [Read more...] about Low-cost carriers fly high
Hactl: Maintaining a global presence
For six straight years, Hong Kong has led the air cargo world as a top cargo hub – producing enviable volumes that challenge most other airports to attain. Hong Kong’s location certainly provides major advantages – such as being central to the buoyant economies of Asia, and also the bilingual and well-served gateway to China. Th e presence of the Hong Kong Air Cargo Terminals Limited (Hactl) is also an added advantage – the company has a proud 40-year history of investment and innovation and is … [Read more...] about Hactl: Maintaining a global presence
Hong Kong Air Cargo charts new course
Early this year, Hong Kong Airlines formed a new wholly owned subsidiary: Hong Kong Air Cargo (HKAC). Established in 2006, Hong Kong Airlines had its roots in Hong Kong where it maintains its global vision, building up a fleet of 34 aircraft (consisting of five freighters and 29 passenger aircraft), a network of 41 major cities in Asia Pacific cities and a respected reputation within ten years. As of 2016, the freighters cover 11 freight routes and 13 destinations; and cargo volume exceeded … [Read more...] about Hong Kong Air Cargo charts new course
Moving Forward with Tech: Disruption or Opportunities?
We live in a technology-driven world where even the simplest of tasks can be performed with a touch of a button. In this digital age, information can be shared over the internet instantaneously, bringing the world closer in rapid fashion. Particularly for the air cargo supply chain, an improved means of data-sharing can provide real-time visibility for the industry; resulting in a quicker and better organized system. That is only if data is willingly shared. “The cargo industry had not … [Read more...] about Moving Forward with Tech: Disruption or Opportunities?
Africa set to be fastest-growing aviation region
Glyn Hughes, global head of cargo, IATA. Africa is set to be one of the fastest-growing aviation regions over the next 20 years, with annual expansion averaging nearly five percent. Th is opens up vast economic opportunities for the continent’s 54 nations. By transporting some 70 million passengers annually, aviation already supports some 6.9 million jobs and US$80 billion of economic activities on the African continent. According to Glyn, Africa has a young and growing population … [Read more...] about Africa set to be fastest-growing aviation region
