Shanghai Pudong International Airport Cargo Terminal Co. Ltd. (PACTL) has announced that in week 17 of this year from 26 April to 2 May, it set a new weekly record by handling 30,142 tonnes of air freight which surpassed the previous record of 28,400 tonnes set in November 2009. The new record is the best evidence to show sustaining strong recovery and demands for air cargo transport since July 2009, PACTL said in a statement. The strong volumes were attributed to unprecedented increase in … [Read more...] about PACTL sets record in end-April
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Swire, Cathay sell stakes in HACTL
Swire Pacific Limited and its Cathay Pacific Airways subsidiary have announced an agreement to sell their entire interests, 19.998 and 10 per cent respectively, in Hong Kong Air Cargo Terminals Limited (HACTL) and HACTL Investment Holdings Limited (HIHL). The interests in HACTL and HIHL are being purchased by existing HACTL and HIHL shareholders, namely Jardine Matheson & Co., Limited, The Wharf (Holdings) Limited, Mosgen Limited (a wholly owned subsidiary of Hutchison Whampoa Limited), … [Read more...] about Swire, Cathay sell stakes in HACTL
Boys and their toys
It was just bound to happen. It’s all fun and games until somebody gets hurt, in this case when their feelings get hurt and as things inevitably follow, emotional hurt leads to physical hurt. A US Transportation Security Administration (TSA) screener is facing an assault rap after he allegedly beat a co-worker who joked about the size of the man’s genitalia after he walked through a security scanner. So much for the official pronouncements that the resolution is not high … [Read more...] about Boys and their toys
Hard to stomach !
Ahh the search for additional revenue streams never ends for carriers around the world. We’ve seen some pretty creative attempts at extracting more revenue out of carriers’ operations, but this latest attempt by Singapore Airlines caught the attention of the Bellyache gang, because as you surely know, we are fine connoisseurs of airline food. Those clever folks over at SQ have come up with their first — and quite probably their last — cookbook entitled … [Read more...] about Hard to stomach !
Changi posts 16% rise in April cargo volumes
Singapore Changi Airport registered an increase of 16.3 per cent in cargo volumes in April, year-on-year with 146,849 tonnes of cargo processed. For the January-April period, airfreight movements totalled 575,697 tonnes, up 18 per cent. Aircraft movements rose 8.6 per cent to 21,303 in April, bringing the total number of aircraft movements in the January-April period to 84,026, up8.9 per cent. April saw a 12.6 per cent growth in passenger traffic, with more than 3.28 million passenger … [Read more...] about Changi posts 16% rise in April cargo volumes
HK sees 7th month of cargo traffic growth
Hong Kong International Airport has seen the seventh consecutive month of positive growth in air cargo tonnage — up 38 per cent year-on-year — to 354,000 tonnes in April. The strong cargo growth was mainly attributed to the continued recovery in the airport’s key export markets, in particular North America and Europe. Exports recorded an increase of 57 per cent, while imports showed year-on-year growth of 30 per cent, and transshipment 10 per cent. Air-traffic … [Read more...] about HK sees 7th month of cargo traffic growth
