More confirmation of the sustained recovery in the global air cargo market came today courtesy of the the Association of Asia Pacific Airlines (AAPA) with statistics showing that both air cargo and passenger markets continued to show further improvement in April despite a week of disruptions to traffic in and out of Europe as a result of the Icelandic volcanic eruption. Air cargo demand remained strong, maintaining the positive trend of recent months, with 32.1 per cent growth in freight tonne … [Read more...] about Asia-Pac sees continued cargo growth
Express
IATA blasts Europe again over volcanic crisis
The International Air Transport Association (IATA) called on European governments and air navigation service providers to urgently develop more precise procedures to identify ash contaminated air space and allow more flights. The call came in the wake of 1,000 flight cancellations on Monday (17 May) as a result of the continued volcanic eruptions in Iceland. “This problem is not going away any time soon. The current European-wide system to decide on airspace closures is not working. We … [Read more...] about IATA blasts Europe again over volcanic crisis
TNT launches Moscow-Liege freighter service
TNT Express has launched a five day per week air cargo service linking Moscow and its main European hub Liege, via Warsaw. The new route, operated by a B737-300 freighter providing 16 tonnes of capacity, will secure and speed up the expedition of time-critical shipments to and from Russia. Examples include automotive parts, clinical supplies and biological samples, such as blood and human tissues.  The strategic air connection with Moscow will particularly strengthen TNT's service to the … [Read more...] about TNT launches Moscow-Liege freighter service
DHL expands network with Aerologic
DHL has expanded its air network with an Aerologic route linking the UAE to Asia and Europe. Aerologic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, will operate a B777F flight between Leipzig and Hong Kong with a connection in Sharjah, the third largest emirate of the UAE. "This Aerologic flight route via the UAE will boost our air network capacity on an increasingly important tradelane," said John Pearson, CEO, DHL Express Asia Pacific, Eastern Europe, Middle East and … [Read more...] about DHL expands network with Aerologic
China’s 2010 trade surplus expected to fall sharply
Commerce ministry spokesman Yao Jian stated that China's trade surplus will fall steeply as the renminbi rises against foreign currencies, reported state media. Surpluses narrowed in the first quarter of 2010, with China declaring a US$7.24 billion trade deficit in March. China's trade surplus in April decreased 87 per cent from a year earlier, and the national surplus could nearly halve this year. China's largest trading partner for the first quarter was the European Union, with trade with the … [Read more...] about China’s 2010 trade surplus expected to fall sharply
China's 2010 trade surplus expected to fall sharply
Commerce ministry spokesman Yao Jian stated that China's trade surplus will fall steeply as the renminbi rises against foreign currencies, reported state media. Surpluses narrowed in the first quarter of 2010, with China declaring a US$7.24 billion trade deficit in March. China's trade surplus in April decreased 87 per cent from a year earlier, and the national surplus could nearly halve this year. China's largest trading partner for the first quarter was the European Union, with trade with the … [Read more...] about China's 2010 trade surplus expected to fall sharply
