Kerry Logistics Network announced last week the Group’s interim results for the six months ended 30 June 2021. Group’s Financial Highlights Revenue increased by 68 percent year-on-year to HK$36,709 million (2020 1H: HK$21,885 million) Core operating profit increased by 70 percent to HK$2,536 million (2020 1H: HK$1,489 million) Core net profit jumped by 81 percent year-on-year to HK$1,530 million (2020 1H: HK$845 million) Profit attributable to the Shareholders for 2021 1H was … [Read more...] about Kerry Logistics’ net profit up 81 percent in H1
Air Cargo Asia
UPS appoints new leadership for Asia Pacific
Press release UPS has appointed Michelle Ho as president of its Asia Pacific operations. Based in Singapore, she will drive UPS’s business and operations in the company’s fastest-growing region that employs over 13,000 employees in more than 40 countries and territories. In this strategic role, Michelle will maintain the company’s focus to drive company growth and support cross-border connectivity needs for businesses large and small. “Michelle brings experience to this vital role along … [Read more...] about UPS appoints new leadership for Asia Pacific
ABC flies urgent cargo amidst airport disruptions in China
Amidst ground handling disruptions at major Chinese airports last week, AirBridgeCargo Airlines (ABC) found a way to transport a large batch of diabetes treatments together with long-standing partner, Bollore Logistics. With passenger flights cancelled due to the Delta variant outbreak in Shanghai, Beijing, Hong Kong, and other Chinese air hubs, resulting to consequently ground handling failures, Bollore Logistics worked with Volga-Dnepr's healthcare team to transport 25 tonnes of much-needed … [Read more...] about ABC flies urgent cargo amidst airport disruptions in China
Kargo Xpress to add more capacity with two 737-800BCFs
Kargo Xpress is ramping up capacity for air shipments within Asia as the Malaysian cargo airline startup is set to take delivery of two 737-800 Boeing converted freighters from GECAS. Gunasekar Mariappan, Managing Director of M Jets International, the principal owner of the startup airline, said the company is focused on developing a reliable intra-Asia network with a fleet of 737 freighters. Kargo Xpress, which began scheduled flights in June with one 737-400F, is looking to add more … [Read more...] about Kargo Xpress to add more capacity with two 737-800BCFs
HAECO, Aeroflot ink component maintenance deal
HAECO Hong Kong has signed a long-term agreement to provide component maintenance support for Russian carrier Aeroflot. The scope of the new agreement will cover component repair and overhaul, as well as loan and exchange services for Aeroflot’s commercial aircraft fleet, including its Airbus A319, A320, A321, A330 and A350; Boeing 737 and 777; and Sukhoi Superjet 100 aircraft. The deal will run until 2032 and the support will be jointly provided by various entities and facilities across … [Read more...] about HAECO, Aeroflot ink component maintenance deal
ANA provides vital vaccine uplift across Southeast Asia
All Nippon Airways (ANA) has been busy providing air lift for Covid-19 vaccines manufactured in Japan, together with forwarder partners, as part of the Japanese government’s cooperation with the Covax facility. Recently it partnered with logistics service provider Scan Global Logistics to facilitate the delivery of live-saving jabs from Japan to Cambodia, Bangladesh, Sri Lanka, Laos, East Timor, Fiji and Maldives. It also partnered with Yusen Logistics earlier last week to transport … [Read more...] about ANA provides vital vaccine uplift across Southeast Asia
