The Japan Airlines Ltd (JAL) Group announced plans to integrate in the third quarter this year, four subsidiary aircraft maintenance companies to form a new company to be named JAL Engineering Co., Ltd (JALEC). The four JAL Group aircraft maintenance companies involved in the integration are JAL Narita Aircraft Maintenance Co., Ltd, JAL Tokyo Aircraft Maintenance Co., Ltd, JAL Engine Technologies Co., Ltd and JAL Aviation Technologies Co., Ltd. All are 100 per cent owned subsidiaries of JAL … [Read more...] about JAL Group integrates MRO subsidiaries
air cargo freight
Macau scrambles to off-set declining business
According to Menzies Macau Airport Services Limited ground operations manager, Peter Chan, the management company, which provides aviation support services at Macau International Airport, is working closely with CAM (Sociedade do Aeroporto Internacional de Macau S.A.R.L.), the public concessionaire of the airport, to attract new business by offeringincentives. “Menzies Macau Airport Services Limited management has just approved a 25 to 50 per cent discount scheme for airlines for their … [Read more...] about Macau scrambles to off-set declining business
DHL trials GPS tracking
DHL has announced its global forwarding business unit has initiated trial shipments with its global positioning system (GPS), which allows customers to track their shipments via the Internet. The first beneficiaries of this programme are several less than container load (LCL) customers with the trial containers scheduled from DHL’s LCL gateway in Hong Kong to major European gateways on a round trip basis. DHL said these customers will be able to track their shipments via the Internet … [Read more...] about DHL trials GPS tracking
New Singapore logistics centre for Panalpina
Swiss global forwarder Panalpina recently opened a new distribution and logistics centre in Singapore. The new complex, located in the immediate vicinity of Changi international airport, has a total area of 11,277 sq metres and offers what the company says are “first-class logistics facilities”. “It also functions as a distribution centre for clients representing the group’s various industry verticals – chemicals and pharmaceuticals (healthcare), the … [Read more...] about New Singapore logistics centre for Panalpina
High logistics costs drag on Vietnam’s growth
High logistics costs are responsible for holding back the development of the Vietnamese economy, according to a new market research report from Transport Intelligence, titled ‘Vietnam Logistics 2009’. The report notes that at the same time as Vietnam is seeking to come to terms with the global economic slowdown, weak infrastructure and high inventory levels are proving to be a significant drag on its economic development. Logistics costs in the market are estimated to be … [Read more...] about High logistics costs drag on Vietnam’s growth
Aramex reports 21% profit rise in 2008
Middle East-based worldwide express, forwarding and logistics service provider Aramex has reported for the year ending 31 December 2008, a net profit growth of 21 per cent over the same period a year earlier, from AED 121.5 million (US$33 million) to AED 147.3 million on a revenue growth of 17 per cent to AED 2.1 billion. According to Aramex, net profit for the fourth quarter of 2008 rose by 21 per cent compared with the same period in 2007 to AED 38.8 million, “mainly driven by the … [Read more...] about Aramex reports 21% profit rise in 2008
