The HK$5.9 billion (US$720 million) Cathay Pacific Cargo Terminal at Hong Kong International Airport, which began operations in February last year and became fully operational in October, has been officially opened. The terminal is a wholly-owned subsidiary of Cathay Pacific Airways Limited. Chief executive of the Hong Kong special administrative region Leung Chun-ying said at the opening: “Maintaining Hong Kong’s position as an international aviation hub hinges on two … [Read more...] about Cathay cargo terminal officially opens at HKIA
GSA/GSSAs
Air cargo continues fragile recovery: IATA
The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October, with global freight tonne kilometers (FTK) up four per cent compared with October 2012, with growth in all regions except Africa. IATA said the gradual expansion continues a trend that began in the third quarter as air freight markets have responded to better economic confidence and improved consumer demand. However, performance varies significantly by region, … [Read more...] about Air cargo continues fragile recovery: IATA
China’s HNCA, Luxembourg strike deal on Cargolux stake
Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China’s HNCA, Luxembourg strike deal on Cargolux stake
China Southern extends ‘Canton Route’ to Africa
China Southern Airlines had formed a new codeshare partnership with Kenya Airways that will extend its ‘Canton Route’ to Africa. Designed to challenge the traditional ‘Kangaroo Route’ operators flying between Australia and Europe, the Canton Route connects these two continents via China Southern’s home base at Guangzhou Baiyun International Airport. The arrangement will see China Southern place its ‘CZ’ code on Kenya Airways’ … [Read more...] about China Southern extends ‘Canton Route’ to Africa
China's HNCA, Luxembourg strike deal on Cargolux stake
Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China's HNCA, Luxembourg strike deal on Cargolux stake
China Southern extends ‘Canton Route’ to Africa
China Southern Airlines had formed a new codeshare partnership with Kenya Airways that will extend its ‘Canton Route’ to Africa. Designed to challenge the traditional ‘Kangaroo Route’ operators flying between Australia and Europe, the Canton Route connects these two continents via China Southern’s home base at Guangzhou Baiyun International Airport. The arrangement will see China Southern place its ‘CZ’ code on Kenya Airways’ … [Read more...] about China Southern extends ‘Canton Route’ to Africa
