Hong Kong Trade Development Council chairman Jack So Chak-kwong is expected to be appointed to the board of the Airport Authority. The move is seen as a step for So to eventually take over as the authority chairman, succeeding Marvin Cheung Kin-tung, who had feuded with board member Vincent Lo Hong-sui over the use of a site in the northern part of Chek Lap Kok airport. Their dispute was whether the land should be used for commercial activities or reserved as the future depot for a … [Read more...] about Jack So tipped as HK’s next airport chief
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Courier & Mail
Jack So tipped as HK’s next airport chief
Hong Kong Trade Development Council chairman Jack So Chak-kwong is expected to be appointed to the board of the Airport Authority. The move is seen as a step for So to eventually take over as the authority chairman, succeeding Marvin Cheung Kin-tung, who had feuded with board member Vincent Lo Hong-sui over the use of a site in the northern part of Chek Lap Kok airport. Their dispute was whether the land should be used for commercial activities or reserved as the future depot for a … [Read more...] about Jack So tipped as HK’s next airport chief
Oz Post goes Saturday, Amazon does Sunday
Australia Post has announced that it will deliver parcels on Saturdays and extend guaranteed next day Express Post letter and satchel delivery to households six days a week from the end of 2014. In addition, Australia Post corporate outlets will also open on Saturdays across Australia. Meanwhile Amazon has announced that customers in 15 US cities are eligible for Sunday delivery in addition to the Los Angeles and New York metro areas where Sunday delivery launched in November … [Read more...] about Oz Post goes Saturday, Amazon does Sunday
Air China sees profits sink 32 per cent
Beijing-based Air China said net profit sank 32 per cent for the full year 2013 to 3.26 billion yuan (US$524.6 million) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry. Air China Cargo, in which Cathay Pacific Airways has a 49 per cent stake, continued to suffer from weak demand and overcapacity in the market, reporting losses of 349 million yuan for the period. Cargo yield dropped to 1.57 yuan from 1.69 … [Read more...] about Air China sees profits sink 32 per cent
ABC launches Dallas service, increases Chicago
Russia’s largest cargo carrier, AirBridgeCargo Airlines (ABC), is expanding its presence in the US market with the launch of B747-8F freighter flights linking Dallas/Fort Worth (DFW) with Amsterdam and Moscow. The new twice-weekly all-cargo flights from Dallas/Fort Worth will operate to Amsterdam Schiphol and Moscow’s Sheremetyevo airports. The airline, part of Volga-Dnepr Group, is also developing its current services to Chicago, introducing direct flights from Frankfurt. The new … [Read more...] about ABC launches Dallas service, increases Chicago
SIA Cargo traffic continues to slide in Feb
Singapore Airlines Cargo (SIA Cargo) continues to see declining freight traffic with an 8.1 per cent decline in volume for the month of February, year-on-year to 73.9 million kg from the 80.4 million kg it uplifted in February 2013. Expressed in freight tonne kilometres (FTK), the Singapore carrier saw a drop of 11.1 per cent to 414.7 million FTK. Although capacity contracted by four per cent it was not enough to offset the shrinking cargo volumes, leading to a cargo load factor of 58.1 per … [Read more...] about SIA Cargo traffic continues to slide in Feb
