Hong Kong Air Cargo Terminals Limited (Hactl) announced that its tonnage throughput for March and the first quarter both went down more than 20 per cent, but the figures provided "minor relief" as they are a further indicator that the sharp declines have levelled off. "The March figures came as a minor relief, as compared to the sharp tonnage declines registered in the previous months," said Hactl's general manager of Marketing and Customer Service, Lilian Chan. "But the market outlook remains … [Read more...] about Hactl's March volumes come as "minor relief"
Ground Handling & Cargo Terminals
Düsseldorf eyes move into perishable business
Düsseldorf International Airport is looking to the perishables sector to boost cargo growth citing continued healthy growth of the sector and the large catchment area of the North Rhine Westphalia region, with Düsseldorf at its heart, in all accounting for around 20 per cent of Germany's total spending power. "The Perishables market continues to grow despite economic downturn, with many of the products such as fruit, established as staple food items rather than luxury," said DUS Cargo … [Read more...] about Düsseldorf eyes move into perishable business
Decline continues for European carriers
Air cargo has "all but collapsed," according to the Association of European Airlines (AEA), who said traffic volumes were down by around a fifth for the first two months of the year, the worst figures on record. Passenger traffic plunged nearly 5 per cent in the first two months of the year and could fall another 10 per cent in March as the economic downturn continues. It said it would normally expect a 4 per cent to 5 per cent increase in traffic "so current levels are approaching 10 per cent … [Read more...] about Decline continues for European carriers
IATA ups ’09 forecast with $4.7B industry loss
Estimated losses for the global air industry are expected to nearly double from December's forecast for 2009 as air carriers grapple with the worst crisis in over 60 years, with the International Air Transport Association (IATA) saying a significant recovery in 2010 would "require more optimism than realism". The IATA has announced a revised outlook for the global air transport industry with losses of US$4.7 billion in 2009, significantly worse than its December forecast of US$2.5 billion in … [Read more...] about IATA ups ’09 forecast with $4.7B industry loss
IATA ups '09 forecast with $4.7B industry loss
Estimated losses for the global air industry are expected to nearly double from December's forecast for 2009 as air carriers grapple with the worst crisis in over 60 years, with the International Air Transport Association (IATA) saying a significant recovery in 2010 would "require more optimism than realism". The IATA has announced a revised outlook for the global air transport industry with losses of US$4.7 billion in 2009, significantly worse than its December forecast of US$2.5 billion in … [Read more...] about IATA ups '09 forecast with $4.7B industry loss
US forwarders say screening hurdles remain
Testifying recently before a US congressional subcommittee, the executive director of the US Airforwarders Association (AFA), Brandon Fried, acknowledged progress had been made on screening cargo in the belly holds of passenger aircraft, but warned three primary challenges still faced the Transportation Security Administration's (TSA) aim of 100 per cent screening by the August 2010 deadline. "Serious issues have yet to be resolved, including the lack of approved pallet screening technology, … [Read more...] about US forwarders say screening hurdles remain