A mixture of asset write-downs, restructuring, consolidation and recovery is on the cards for the Japanese airfreight sector, according to a new report from Business Monitor International . The bankrupt Japan Airlines (JAL), Asia's largest air carrier, was expected to have registered an operating loss of nearly US$1.7 billion in the fiscal year ended 31 March 2010. This was attributed to a sharp decline in revenues resulting from a rapid slowdown in the Japanese economy. After 2009's very steep … [Read more...] about Still some turbulance in Japan’s air cargo sector
Ground Handling & Cargo Terminals
Still some turbulance in Japan's air cargo sector
A mixture of asset write-downs, restructuring, consolidation and recovery is on the cards for the Japanese airfreight sector, according to a new report from Business Monitor International . The bankrupt Japan Airlines (JAL), Asia's largest air carrier, was expected to have registered an operating loss of nearly US$1.7 billion in the fiscal year ended 31 March 2010. This was attributed to a sharp decline in revenues resulting from a rapid slowdown in the Japanese economy. After 2009's very steep … [Read more...] about Still some turbulance in Japan's air cargo sector
TSA claims 100% screening a success, but int’l in a “few years”
The US Transportation Security Administration (TSA) has said the 1 August deadline for 100% screening of air cargo on domestic passenger aircraft was successfully implemented, but that the same goal for international cargo would only be met in a "few years" time. The TSA said it is continuing its work to improve cargo security on passenger flights originating in other countries, with TSA administrator John S. Pistole saying: "International air cargo is more secure than it has ever been." "TSA … [Read more...] about TSA claims 100% screening a success, but int’l in a “few years”
TSA claims 100% screening a success, but int'l in a "few years"
The US Transportation Security Administration (TSA) has said the 1 August deadline for 100% screening of air cargo on domestic passenger aircraft was successfully implemented, but that the same goal for international cargo would only be met in a "few years" time. The TSA said it is continuing its work to improve cargo security on passenger flights originating in other countries, with TSA administrator John S. Pistole saying: "International air cargo is more secure than it has ever been." "TSA … [Read more...] about TSA claims 100% screening a success, but int'l in a "few years"
Yantai linked to LAX with non-stop freighter
China’s Shandong province has its first non-stop US air cargo link with the start of an Asiana Airlines service between Incheon, South Korea, Yantai Laishan International Airport and Los Angeles. The inaugral flight on 21 June saw an Asiana B747-400 loaded with 110 tonnes of cargo depart for LAX. … [Read more...] about Yantai linked to LAX with non-stop freighter
Beijing Airport sees surging May traffic
Beijing Capital International Airport reported a 9.6 per cent rise in cargo volumes to 129,587 tonnes in May over the same period last year. It also saw a 17.4 per cent increase in passenger numbers in May to 6.2 million, including a 31.6 per cent surge in international passengers to 1.4 million. … [Read more...] about Beijing Airport sees surging May traffic
