The airport in the devastated Philippine city of Tacloban, which was also severely damaged by five metre high storms surges created by the Category 5 super-typhoon Haiyan (local name Yolanda) last Friday, has begun to service military and commercial flights carrying humanitarian relief and equipment, albeit limited to turboprop aircraft. The heavily damaged control tower at Tacloban airport. Captain John Andrews, deputy director general of the Civil Aviation Authority of the Philippines … [Read more...] about Philippines' Tacloban airport partially re-opens
Logistics
Slow cargo uptick in July, Asia still weak
The International Air Transport Association (IATA) announced global air cargo traffic results for July showing a continuation of the modest improvement trend experienced in June. Global freight tonne kilometres (FTKs) were up 1.2 per cent in July year-on-year, slightly better than the 0.9 per cent year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the July performance, air freight volumes are at their highest level … [Read more...] about Slow cargo uptick in July, Asia still weak
IATA’s June figures offer hope with 1.2% expansion
The International Air Transport Association (IATA) released June figures showing a 1.2 per cent year-on-year expansion in global air freight demand. Although weak, this is a clear improvement when compared to the 0.9 per cent year-on-year demand growth recorded in May and the 0.1 per cent growth realised over the first half of the year. While previously the global economic trend has been defined by robust emerging economies and stagnant growth in developed markets, the strongest improvements … [Read more...] about IATA’s June figures offer hope with 1.2% expansion
India’s logistics sector to hit US$200 billion by 2020
India's logistics sector is likely to cross the US$200 billion by 2020, the country's Minister of State for Road Transport Sarvey Sathyanarayana said recently. "The connectivity and the convenience in operations is the key for sustaining the global trade growth. Currently India's logistics sector is valued at around US$125 billion and is likely to cross the US$200 billion by 2020," he said. He added that the government's increased spending on infrastructue development and greater … [Read more...] about India’s logistics sector to hit US$200 billion by 2020
IATA's June figures offer hope with 1.2% expansion
The International Air Transport Association (IATA) released June figures showing a 1.2 per cent year-on-year expansion in global air freight demand. Although weak, this is a clear improvement when compared to the 0.9 per cent year-on-year demand growth recorded in May and the 0.1 per cent growth realised over the first half of the year. While previously the global economic trend has been defined by robust emerging economies and stagnant growth in developed markets, the strongest improvements … [Read more...] about IATA's June figures offer hope with 1.2% expansion
India's logistics sector to hit US$200 billion by 2020
India's logistics sector is likely to cross the US$200 billion by 2020, the country's Minister of State for Road Transport Sarvey Sathyanarayana said recently. "The connectivity and the convenience in operations is the key for sustaining the global trade growth. Currently India's logistics sector is valued at around US$125 billion and is likely to cross the US$200 billion by 2020," he said. He added that the government's increased spending on infrastructue development and greater … [Read more...] about India's logistics sector to hit US$200 billion by 2020
