All Nippon Airways is looking to create a profitable Asian cargo business within two years using Naha Airport, with operations beginning in early November. The cargo hub, located on the southernmost island prefecture of Okinawa will link Japan’s three international airports in Tokyo and Chiba and Osaka with those in Seoul, Shanghai, Hong Kong, Taipei and Bangkok via Naha Airport. … [Read more...] about ANA boosts cargo hub ops out of Okinawa
Carriers
Oz competition authority goes after Thai
Australia's competition regulator has started court action against Thai Airways International, part of an ongoing investigation into alleged price fixing in the air cargo industry. The Australian Competition and Consumer Commission (ACCC) said in a statement on Wednesday that it alleges that between 2001 and 2006, Thai Airways entered into arrangements or understandings with other international air cargo carriers in specific countries that had the purpose or effect of fixing the price of fuel … [Read more...] about Oz competition authority goes after Thai
New code share for Asiana and Continental
Asiana Airlines and Continental Airlines have announced a new alliance partnership effective from 15 December this year. The code share operations between the two airlines will cover five international routes and 13 domestic routes inside the US. … [Read more...] about New code share for Asiana and Continental
Airline exec confidence returns
Airline executives expect improved results and a rebound in cargo volumes in the coming year, a "turning point" for a sector closely linked to economic trends, a survey released on Monday showed. The International Air Transport Association (IATA) said confidence had grown markedly among major carriers in Asia, Europe and the Americas. "This does look like a turning point," IATA said of the quarterly business confidence poll. … [Read more...] about Airline exec confidence returns
DHL, Cathay ink cargo security partnership
DHL Global Forwarding and Cathay Pacific Airways have signed a memorandum of understanding (MOU) for a Security Partnership Programme. Under the MOU, DHL Global Forwarding will further enhance the security of high-value freight for customers, including pharmaceutical, fashion or high-technology that are pre-alerted as requiring special loss prevention measures, the company said. … [Read more...] about DHL, Cathay ink cargo security partnership
China posts 8.9 per cent Q3 GDP growth

China posted GDP growth of 8.9 per cent in the third quarter of the year, up from 7.9 per cent growth in the second quarter, Bloomberg reported. The growth rate, the fastest in a year, reflected heavy government stimulus spending and high lending growth. Helped by massive stimulus spending on infrastructure, urban fixed-asset investment rose 33.3 per cent in the third quarter. Industrial production rose 13.9 per cent year-on-year in September, the highest rate of growth in more than 12 … [Read more...] about China posts 8.9 per cent Q3 GDP growth