Latin America's Latam Airline group says its October 2014 load factor increased 1.6 points to 84.9 per cent and passenger traffic increased by three per cent while capacity increased by 1.1 per cent. Group cargo traffic increased 1.5 per cent on a capacity drop of 2.3 per cent. Cargo load factor increased 2.4 points to 62.9 per cent. The decrease in cargo capacity was a result of decreased availability in the bellies of passenger aircraft in addition to a reduced freighter operation. … [Read more...] about Latam's Oct cargo traffic rose 1.5%
Freight Forwarders
Aviation to contribute $53.1B to Dubai’s economy
Emirates airline, Dubai Airports and the aviation sector as a whole contributed US$26.7 billion to the Dubai economy in 2013, which was almost 27 per cent of Dubai’s GDP and supported a total of 416,500 jobs accounting for 21 per cent of the emirates’ total employment. These figures were based on the latest report “Quantifying the Economic Impact of Aviation in Dubai” conducted by global research firm, Oxford Economics, as a follow-up to a 2011 study done by the same … [Read more...] about Aviation to contribute $53.1B to Dubai’s economy
DHL deploys new intra-Asia air routes
DHL has launched a new intra-Asia flight, connecting the economies of Thailand, Vietnam and Hong Kong. The flight commenced on 3 November, connecting Bangkok, Hanoi and Hong Kong five times per week. Utilising a newly converted B737-400SF freighter featuring a gross payload of 21 tonnes, the route will be operated by K-Mile Air of Thailand, a partner of DHL. The new route shortens the transit time for intra-Asia shipments to and from Hanoi to one day, allowing businesses and consumers to enjoy … [Read more...] about DHL deploys new intra-Asia air routes
Korean Air 3Q cargo yields on the up
Korean Air registered a 5.7 per cent increase in cargo yield in 3Q 2014 as its load factor rose 2.5 percentage points to 79.1 per cent. Its cargo arm, accounting for 22.1 per cent of total airline revenues in Q3, saw a 10 per cent rise in domestic cargo revenue sales in the three months to September. Internationally, it recorded a three per cent rise in cargo revenues in and out of Japan, a 3 per cent fall in freight revenues in China and a static result in Southeast Asia. The Americas … [Read more...] about Korean Air 3Q cargo yields on the up
TNT adds new air routes, depot in Europe
TNT is stepping up its services in Europe with the construction of a new international depot in Eindhoven (Netherlands) and the start of air services to Hanover (Germany). Both developments are part of the company’s strategy to invest in its core European network, enhance operational efficiency and service quality. TNT has broken ground on its new 6,350 square metre depot in Eindhoven to replace the existing, rented facility in the same town, which has become too small. Completion is … [Read more...] about TNT adds new air routes, depot in Europe
BIAL becomes India’s first e-freight compliant airport
Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has been rated as an e-freight compliant airport by IATA for its cargo operations. This project reiterates the airport’s efforts in sustaining the long-term well-being of the environment. The e-freight concept was launched by IATA in 2006 as part of the StB (simplifying the business) programme and became an industry-wide initiative. "IATA would like to congratulate … [Read more...] about BIAL becomes India’s first e-freight compliant airport
