Manufacturers of Liquid Crystal Display (LCD) devices expressed optimism based on robust quarterly profit forecasts driven in part by Chinese demand for LCD products, according to Reuters. Korean LG Display, the world’s second-largest LCD manufacturer which supplies Apple’s new iPad device, projected shipments will increase by 10 per cent in the second quarter. It reported a US$712 million operating profit in January-March, beating expectations after a loss-making 2009. … [Read more...] about CHINA: China LCD market looking up
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CHINA: Lufthansa to replace Asia B747s with A380s
More A380s will soon appear in the skies over Asia, with Lufthansa set to begin operating the ‘super-jumbo’ in services to China and Japan. Lufthansa announced that Tokyo and Beijing will be the first destinations of scheduled flight services of the airline’s new flagship, the Airbus A380. Johannesburg in South Africa will be the third A380 destination for the German airline. Lufthansa was the first European airline to fly into Asia with an expedition flight to China … [Read more...] about CHINA: Lufthansa to replace Asia B747s with A380s
CHINA: Rise in inspections reaffirms recovery
Rising product inspections in China – up 34 per cent in the first quarter of 2010 compared with the same period a year earlier – indicate the growing health of global trade, according to quality control company AsiaInspection. The private inspection company says the quarterly statistics are a good barometer of worldtrade and indicate some interesting trends. First quarter 2010 inspection figures indicate economies around the world are recovering from the recent global … [Read more...] about CHINA: Rise in inspections reaffirms recovery
THAILAND: Thai Cargo launches B777 freighter services
Thai Airways International (Thai) celebrated its return to full freighter capability with the launch of cargo services with two Boeing-777-200LRFs from Bangkok to Frankfurt and Bangkok- Hong Kong–Amsterdam–Bangkok. Two flights are to operate weekly for the first route, while one flight is for the second route. Thai Cargo returns to the full freighter sphere via a deal with US-based Southern Air for two B777 freighters. Thai entered into a Block Space Agreement … [Read more...] about THAILAND: Thai Cargo launches B777 freighter services
The unfriendly skies…
Who could have ever have imagined that just as concrete signs were forming that the economic recovery is more than just the stuff of imagination, a big old volcano – about 700,000 years old give-or-take – lurking under kilometres of ice would go and blow its top. The eruption of the Icelandic volcano lying under the Eyjafjallajokull glacier did something no terrorist strike, no economic calamity, no viral outbreak has so far managed in the history of modern aviation … [Read more...] about The unfriendly skies…
DHL ups capacity in response to Asia demand
The global express and logistics group said recently that it has enlarged its airfreight network that spans Africa, Asia Pacific, Europe, Middle East and the Americas by adding additional consolidation services into Middle East and Africa and increasing the number of gateways. Additional measures have also been taken to enhance block space and part charter agreements with commercial passenger and pure cargo carriers. “Demand for airfreight was the first to turn up amid the global … [Read more...] about DHL ups capacity in response to Asia demand
