Okay Airways has applied to the Civil Aviation Authority of China (CAAC) for permission to resume operations after suspending operations in December. Okay Chairman Liu Jieyin told Chinese press that “fund shortages” – estimated to be nearly US$14 million – remain the key obstacle to the Tianjin-based airline’s relaunch. Okay operated cargo flights in conjunction with FedEx and hopes to resume its cargo operations once CAAC approval is granted. The carrier … [Read more...] about CHINA: Okay waiting for official "OK" to resume ops
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MALAYSIA: AAPA figures reveal "shocking" cargo decline
December cargo volumes of member carriers of the Association of Asia Pacific Airlines plummeted a “shocking” 24 per cent. Recently released figures from the Association of Asia Pacific Airlines (AAPA) indicate that international air cargo traffic for 2008, expressed in freight tonne kilometres (FTKs), suffered a 6.1 per cent decline and while member airlines reduced cargo capacity significantly, the average cargo load factor for the year still fell by one percentage point to 65.6 … [Read more...] about MALAYSIA: AAPA figures reveal "shocking" cargo decline
Editor's Note
On behalf of the Payload Asia staff , I would like to apologise for the – apparently unforgivable – error in last month’s Bellyache. In the item entitled “Last minute gift idea”, a miscreant staffer, claiming to be a plane geek, misidentified the airplane in the accompanying photo....*GASP*! Never before has Bellyache’s email inbox been so full ! It truly gave us a bellyache. We realise now that we have it completely backwards – we are not the geeks … [Read more...] about Editor's Note
Singapore inks OSAs with Czech Rep & Iceland
Singapore has concluded an Open Skies Agreement (OSA) with Iceland giving airlines from both countries full flexibility to operate air services between and beyond both countries, as well as via intermediate points, without restrictions on capacity, frequency and aircraft type. The Singapore-Iceland OSA is also more liberal than most OSAs, as it allows for unlimited “hubbing rights”, also known as “7th freedom traffic rights”, for both passenger and cargo services. … [Read more...] about Singapore inks OSAs with Czech Rep & Iceland
IATA: International cargo traffic in “free-fall”
The latest international scheduled traffic statistics from the International Air Transport Association (IATA) show that in the month of December global international cargo traffic plummeted by 22.6 per cent compared to December 2007. For the full-year 2008, international cargo traffic was down 4 per cent compared to 4.3 per cent growth in 2007. ¡°The 22.6 per cent free fall in global cargo is unprecedented and shocking," said Giovanni Bisignani, IATA¡¯s director general and CEO. "There is no … [Read more...] about IATA: International cargo traffic in “free-fall”
Dubai airport records leap cargo and pax
Dubai International Airport has posted a 9.38 per cent increase in freight traffic year-on-year traffic in 2008, despite the worldwide economic slump and a slowdown in global travel demand. The airport handled 1,824,991 tonnes of cargo in 2008 compared with 1,668,505 tonnes of freight in 2007. The airport also saw passenger numbers rise 9 per cent with a throughput of 37.4 million passengers, compared with 34.3 million passengers a year earlier. However, the airport missed its target of 40 … [Read more...] about Dubai airport records leap cargo and pax
