The Nigerian Aviation Handling Company (NAHCO) has announced plans to build a cargo complex at Lagos’ Murtala Mohammed International Airport. The cargo complex will not only serve warehouse purposes, it will also accommodate the clearing agents who have complained about a severe lack of available space for carrying out their business, according to Nigerian media reports. Seriki Bates, NAHCO managing director, said that the complex will cost about N$1.2 billion (US$8 million), and will … [Read more...] about Lagos airport to get new cargo complex
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Ground Handling & Cargo Terminals
Hactl volumes up 38% for half year
Hong Kong Air Cargo Terminals Limited (Hactl) handled a total of 245,352 tonnes of cargo in June, up 30.5 per cent year-on-year. Tonnage throughput for the first half of the year was 1,389,059 tonnes, representing a year-on-year growth of 38.4 per cent. Export volume was 134,138 tonnes for June a rise of 38.6 per cent year-on-year, while cumulative export tonnage for the first half of the year was 752,830 tonnes which surged by 46.4 per cent against the same period last year. Export volume to … [Read more...] about Hactl volumes up 38% for half year
Vancouver airport group buys into UK airports
A year after failing in its bid to buy London’s Gatwick Airport, Vancouver Airport Services said it reached an agreement with United Kingdom-based Peel Group to buy 65 per cent of Peel Airports Ltd. The group includes the John Lennon Airport, a major hub for European low-cost carriers easyJet and Ryanair, as well as the Robin Hood Airport Doncaster Sheffield and the Durham Tees Valley Airport. The acquisition brings to 19 the number of airports in Vancouver Airport … [Read more...] about Vancouver airport group buys into UK airports
Paris-Vatry cargo volumes continue sliding south
Cargo traffic at the all-cargo Paris-Vatry airport plummeted to around 3,300 tonnes in the first six months of 2010, compared with 14,000 tonnes for the same period last year. The sharp decline in tonnage — when airports around the world are recording, in many cases record growth as the industry recovers from 2009’s devastation — is testimony to the impact of losing its two largest customers. Both Avient and DHL withdrew from Paris-Vatry last year, sending the … [Read more...] about Paris-Vatry cargo volumes continue sliding south
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
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
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