Japan Airlines (JAL) and Nippon Cargo Airlines (NCA) have agreed to begin code share cargo flights from 29March. The agreement will begin with codeshare flights between Narita, Tokyo and Chicago and Los Angeles with a later expansion to New York, Seoul and Shanghai, pending approval. JAL currently operates freighteronly flights on 27 routes worldwide with 70 flights per week, and with this code share agreement, the number of cargo flights a week increases to 75. … [Read more...] about JAPAN: JAL and NCA to cargo code-share

Japan’s Fair Trade Commission has notified more than 10 companies that they will be fined about Â¥10 billion (US$103.2 million) for operating a cartel on international air cargoservices. The FTC believes that the companies, including major distribution and logistics companies Nippon Express Co., Kintetsu World Express Inc. and Yusen Air & Sea Service Co., constrained fair competition by forming a cartel that added fuel surcharges and airport security charges to their air cargo … [Read more...] about JAPAN: Global cargo cartel fallout hits Japan

Air cargo volumes in Thailand slumped by almost 50 per cent in January as the global financial crisis continued to hurt exports. Total outbound cargo in the final three months of 2008 fell to 107,249 tonnes, compared with 140,074 tonnes a yearearlier, Dow Jones reported. “The January figures were worse than what we expected with outbound volume falling by almost 50 per cent from a year earlier,” said Kasem Jaliyawatwong, president of the Thai Airfreight Forwarders Association. … [Read more...] about THAILAND: Thai aircargo plummets 50% in Jan

Thai Airways International foresees revenue falling 18 per cent this year, from Bt220 billion (US$6.2 billion) to Bt180billion, due to the economic turmoil. Board chairman Surachai Tansitpong said the airline planned to reduce annual operating costs 5-10 per cent, with an immediate 3 per cent cut which will save about Bt6 billion alone. The company waived annual commission payments and froze salary adjustments in last year’s budget. THAI is expected to post a net loss of more than … [Read more...] about THAILAND: Thai Airways foresees tumbling revenue and profit

Asia’s major air cargo and logistics event, Air Freight Asia, has appointed Hong Kong-based China Logistics Club (CLC) as its official representative for the exhibition, which will take place at the AsiaWorld-Expo in Hong Kong from 8-10 September. Under the agreement, CLC will promote the conference and exhibition to its 420 members and will organise delegations to visit the trade show. Commenting on the appointment, China Logistics Club chairman Henrik Christensen said: … [Read more...] about HONG KONG: CLC appointed for Air Freight Asia 2009

Cathay Pacific is to increase frequencies to Paris, Shanghai and Jakarta from 29 March, “in response to sustained customer demand”. It will add four flights a week to the French capital, giving a double daily service. Flights to Shanghai Pudong will be tripled to three a day. Jakarta’s existing twice-daily operation will be supplemented by three moreflights a week. … [Read more...] about HONG KONG: Cathay ups Paris, Shanghai and Jakarta