Air China will start its new three times weekly Beijing-Montreal-Havana service using B777-300ER aircraft on 27 December which adds a southward extension to Havana on the carrier’s Beijing-Montreal service already started on 29 September. In recent years, the economic and trade ties between China and Cuba have become increasingly close and the Air China’s new service marks the first between Cuba and China. Th e Beijing-Montreal-Havana service represents a tangible move by Air China to expand … [Read more...] about Air China adds Havana to Beijing-Montreal
Air Cargo Asia
China’s HNA takes 23.7% stake in Brazil’s Azul Airlines
China’s HNA Group Company Limited and Azul Brazilian Airlines recently announced a new strategic partnership where the HNA Group will acquire a 23.7 per cent stake in Azul, Brazil’s third largest airline, aiming to benefit from substantial passenger traffi c between China and Brazil, which are strong global trade partners. HNA Group will assume the role of single largest shareholder of Azul, and will appoint new members to the board of directors. Th rough the partnership, the companies will … [Read more...] about China’s HNA takes 23.7% stake in Brazil’s Azul Airlines
HK signs US$600m loan deal for third runway
Th e Airport Authority Hong Kong has signed a five-year, US$600 million evolving credit facility with 21 local and international banks participating, to help finance the expansion to a three-runway airport. Jack So Chakkwong, the authority’s chairman, said a third runway is vital for HKIA’s cargo business, which handled 4.38 million tonnes in 2014 – a 6.0 per cent rise over the previous year. For the first six months of 2015, cargo traffic at HKIA was mostly fl at, rising just 0.6 per cent, … [Read more...] about HK signs US$600m loan deal for third runway
Hacis gears up for e-commerce with new depot
Hong Kong Air Cargo Industry Services (Hacis) – the added-value logistics arm of Hong Kong’s largest air cargo handler, Hactl – has opened a new depot directly targeting e-commerce business. Th e Hacis Nansha depot in southern Guangzhou – the company’s seventh Inland Cargo Depot in mainland China – will become the latest destination for Hacis SuperLink China Direct. This provides express road feeder service for both general cargo and crossborder e-commerce cargo, supporting B2B and B2C … [Read more...] about Hacis gears up for e-commerce with new depot
Here’s to 2016!
As another year slips away and a brand new year full of promise, mystery and likely a fair bit of trepidation for the air cargo sector, is before us. A quick look in the rear view mirror reveals a year lacking in anything particularly remarkable. An relatively ‘skyrocketing’ market early in the year held out the promise that 2015 would be maybe not a great year, but certainly a ‘better’ year. But unfortunately the rocket’s red glow waned faster than a crescent moon. And for the rest of the … [Read more...] about Here’s to 2016!
AirBridgeCargo continues strong 2015 growth in Nov
AirBridgeCargo Airlines’ (ABC) growth continued in November with a 27 per cent upswing in cargo carried compared to the same month a year ago. Latest November figures show that ABC transported over 50,000 tonnes across its global network serving Europe, North America and Asia Pacific with overall results for the first 11 months of 2015 being 20 per cent up year-on-year and amounting to 439,000 tonnes. The airline's FTK performance continues to be one of the highest in the airline cargo … [Read more...] about AirBridgeCargo continues strong 2015 growth in Nov
