The US hopes to reach a new “open skies” agreement with China by the next round of top level talks between the two countries to be held in Washington in May, AFX-ASIA reported, citing US Secretary of TransportationMary Peters. Speaking in Beijing last month on her fi rst trip to China as Transport Secretary, Peters was quoted as saying that she was confi dent the groundwork for a new agreement will be in place by the time of the Strategic Economic Dialogue, and that the new plan … [Read more...] about CHINA: US, China aim for new open skies pact
air cargo freight
CHINA: Air China details cargo venture with Cathay
Air China has disclosed details of the new cargo airline it plans to operate in partnership with Cathay Pacifi c Airways, which will be based on the existing services of China Cargo Airlineswhich operate out of Beijing. The new carrier, in which Air China will hold a 51-percent majority stake, is scheduled to start in June and will hub in Shanghai. Air China currently holds a stake of 51 percent in China Cargo Airlines (CCA), while Citic Pacifi c and Beijing Capital Airport Group have stakes … [Read more...] about CHINA: Air China details cargo venture with Cathay
Leadership challenges for Asian aviation
Speaking at the recent Asia Pacifi c Aviation Media Association’s (APAMA) Aviation Lecture in Singapore, the director general and CEO of the International Air Transport Association (IATA), Giovanni Bisignani urged Asia to take a greater leadership role in shaping the global aviation industry. Unfortunately, cargo didn’t feature prominently in his speech despite the fact that especially Asian carriers derive a signifi cant portion of their overall revenue from cargo. Some … [Read more...] about Leadership challenges for Asian aviation
Cargo awaits its place in Abu Dhabi’s airport plans
Long the richest but one of the most conservative of the UAE states, Abu Dhabi has until recently seemed to disdain the example of its enthusiastic northern neighbour Dubai, with its massive investment in infrastructure, freighttransport and tourism. One reason was the emirate’s huge oil wealth. Abu Dhabi has estimated reserves of 92.2 billion barrels, the fourth largest in the world, and enough for it to pump two million barrels a day well into the next century. It also has the … [Read more...] about Cargo awaits its place in Abu Dhabi’s airport plans
Incheon Airport eyes Asia's cargo hub title
Since changing the mode of customs, immigration and quarantine (CIQ) inspections at its freight terminals in June last year, South Korea’s Incheon Airport has reported a huge increase in cargo throughput moving via its facilities, accordingto a local media report. The report said that another change that had helped increase the cargo load was that cargo plane pilots and crew no longer needed to make the detour to the passenger terminals. Once ranked third in the world, Incheon … [Read more...] about Incheon Airport eyes Asia's cargo hub title
Cargo grows 4% at world's airports
The Airports Council International said that airports worldwide reported that 2006 cargo traffi c increased by 4 percent, while passenger traffi c rose 5 percent, as compared to 2005. International passenger and freight results rose even more fi rmly by 7 percent and6 percent respectively. Beijing was a top performer in the Asia Pacifi c region with increases of 18 percent in passenger traffi c, 32 percent in cargo and 10 percent in aircraft movements. Several major hubs across Asia Pacifi c … [Read more...] about Cargo grows 4% at world's airports