Hong Kong Air Cargo Terminals Limited (Hactl) has signed an agreement with Hong Kong Express Airways under which it will become its service provider at the Hong Kong International Airport. The services provided by Hactl to Hong Kong Express Airways include physical cargo handling and air cargo documentation handling. The Hong Kong-based carrier currently operates scheduled services between Hong Kong, Chengdu, Chongqing, Hangzhou, Ningbo, Xian and Chiang Mai. … [Read more...] about LATE NEWS: HACTL inks deal with Hong Kong Express
Carriers
AMERICA: World acquired by Global Aero Logistics
World Air Holdings, parent company to World Airways and North American Airlines has entered into an agreement to be acquired by Global Aero Logistics for US$315m in an allcash transaction. MatlinPatterson Global Opportunities Partners II is the majority shareholder of Global Aero Logistics, which owns ATA Airlines. As a result of the transaction, Global Aero Logistics will operate all three independent airlines under one umbrella. The transaction is subject to the approval of World Air … [Read more...] about AMERICA: World acquired by Global Aero Logistics
RUSSIA: EMEX expands express network
Russian express company EMEX has announced major expansion plans to extend its network and offer new services. It aims to double turnover this year and in 2008. EMEX will open a new branch in Novosibirsk, its 25th office, and aims to have 35 branch offices and agencies across Russia by the end of this year. Established in 2003 with a single office in Moscow, the company now has outlets in most major Russian cities as well as a network of agents covering various regions. EMEX … [Read more...] about RUSSIA: EMEX expands express network
INDONESIA: Garuda focuses on restructuring
Amidst mounting pressure of employees for a management reshuffle, the president director of flag carrier Garuda Indonesia, Emirsyah Satar said he will let the newly appointed minister of State Owned Enterprises (SOE), Sofyan Djalil handle the case. “It is the stakeholder [SOE] that will evaluate the performance of Garuda management. We are working. We are focusing on our restructuring programmes,” Satar said. Garuda’s public relations manager Pujobroto said the … [Read more...] about INDONESIA: Garuda focuses on restructuring
CHINA: Jade Cargo adds Frankfurt, Houston
China’s all-cargo carrier Jade Cargo International has added three weekly Frankfurt frequencies to its network of European destinations. Jade Cargo’s fourth B747-400ERF was delivered at the end of May 2007 and put into service on a two-way non-stop servicebetween Shenzhen and Frankfurt. In addition Jade Cargo will enter the trans-Pacific market to the US with a twice-weekly charter service to Houston, Texas via Vancouver (Canada). Jade Cargo’s fifth aircraft, a Boeing 747- … [Read more...] about CHINA: Jade Cargo adds Frankfurt, Houston
CHINA: UPS to increase capacity to Shanghai
UPS, which is scheduled to open its new hub in Shanghai next year, will increase cargo capacity to the Chinese city by switching its planes from the MD-11s in current service to Boeing 747-400s. The new hub will be built on a one million square foot site. When it opens, it will operate around the clock, throughout the year. UPS will ramp up its service over time with sorting capacity projected to reach 17,000 pieces per hour by 2012. The hub will link all of China to the UPS … [Read more...] about CHINA: UPS to increase capacity to Shanghai