China's air cargo traffic volume declined 28 per cent year-on-year in February due to the deepening global economic crisis, Li Jiaxiang, director of the Civil Aviation Administration of China (CAAC), said according to a Chinadaily.com report. … [Read more...] about China’s cargo traffic down 28% in Feb
Ground Handling & Cargo Terminals
HK's cargo volumes continue to slide
Hong Kong Air Cargo Terminals Limited (Hactl) said it handled a total of 133,624 tonnes of cargo in February, down 22 per cent year-on-year. Import volume for February was 38,587 tonnes, down 20 per cent against February last year while exports were down 25.3 per cent year-on-year for a total of 64,546 tonnes. Exports to Europe were particularly weak, with a significant decline of 37.7 per cent. Cumulative tonnage for the first two months of the year was 276,378 tonnes, down 26.9 per cent … [Read more...] about HK's cargo volumes continue to slide
China's cargo traffic down 28% in Feb
China's air cargo traffic volume declined 28 per cent year-on-year in February due to the deepening global economic crisis, Li Jiaxiang, director of the Civil Aviation Administration of China (CAAC), said according to a Chinadaily.com report. … [Read more...] about China's cargo traffic down 28% in Feb
Industry has not yet hit bottom~ IATA
Industry has not yet hit bottom: IATA Continued falling cargo demand has led the International Air Transport Association (IATA) to urge the cargo supply chain to improve security and efficiency to deliver a more enticing product. In remarks delivered by video to IATA's World Cargo Symposium in Bangkok, CEO Giovanni Bisignani said: "The industry is in crisis and nobody knows that better than our cargo colleagues. Cargo demand has fallen off a cliff." ¡°After a shocking 22.6 per cent decrease in … [Read more...] about Industry has not yet hit bottom~ IATA
Cargo exec says industry kidding itself
Air cargo management must "strip the veils of illusion from their eyes" in combating the worst recession since the industry began 60 years ago, according to industry stalwart Julian Keeling. Keeling said these illusions included the near obsession with China as the primary engine of growth. They also included offering complicated, expensive supply chain "solutions" to the shipper rather than concentrating on fast, reliable transportation of cargo. "Let's stop adding layers of outside management … [Read more...] about Cargo exec says industry kidding itself
Lufthansa Cargo opts for Swissport in Amsterdam
Airport ground and handling company, Swissport International has signed a cooperation agreement with Lufthansa Cargo to provide airfreight handling services for the partner airlines of the Lufthansa Cargo Group - including Jade Cargo - at Amsterdam Airport for the next three years. Swissport Cargo Services was selected following an extensive tender process, and should commence its new operations - including all of Lufthansa Cargo¡¯s airfreight and ramp handling needs - on 1 March. The annual … [Read more...] about Lufthansa Cargo opts for Swissport in Amsterdam
