Close to 30 international senior executives from various areas of the air cargo industry, have confi rmed their participation in the 13th Air Freight Asia 2007 Conference in Hong Kong, which will take place in the ballroom of the Regal Airport Hotel on September4 and September 5. The 13th edition of this biennial trade event will be offi cially opened by Stanley Hui, chief executive offi cer of Hong Kong International Airport and former CEO of Dragonair. The latest to confi rm his … [Read more...] about Air Freight Asia 2007 Conference~ All speakers & panel members confirmed
Air & Cargo Services
UPS launches "Express Critical"
UPS has announced the launch of UPS Express Critical, which it describes as "a service that meshes all of UPS' same-day and urgent capabilities into a single suite, allowing customers to more effectively manage package and heavy freight shipmentstogether." "For the fi rst time in the industry, customers have a single point of contact regardless of whether they're shipping a small package or a 1,000 pound machine part - air or ground, domestic or international. Customers now … [Read more...] about UPS launches "Express Critical"
KOREA: Korean Air's Chinese venture
Seoul-based Korean Air Lines Co. has won preliminary approval to set up an US$65m venture with three other partners in China. The airline will spend US$16.25m on a 25 percent stake in the venture, named Galaxy International. Sinotrans Air Tranportation Development Co. will invest US$33.15m for a 51 percent stake, while the rest will be shared by investment fi rms Hana Capital and Shilan Capital. … [Read more...] about KOREA: Korean Air's Chinese venture
ASIAN AIR CARGO SUPPLEMENT – THAI orders additional A330-300s
Thai Airways International has placed a firm order for eight additional A330-300s, taking another signifi cant step in its long-term Airbusfl eet development plan. The new A330-300s will provide extra capacity on Thai Airways International's extensive regional network from 2008 onwards. Thai Airways International currently operates a fl eet of 12 A330-300s and 21 A300-600s on its regional network across Asia, as well as four A340-500s and fi ve A340-600s on the airline's long haul … [Read more...] about ASIAN AIR CARGO SUPPLEMENT – THAI orders additional A330-300s
ASIAN AIR CARGO SUPPLEMENT – Korean grows fleet, despite weak market
Air cargo growth was only marginal in 2006, and the weak trend has continued into 2007, according to Ken Choi, president of Korean Air Cargo. He attributes the weakness to intense competition on price and quality in industries such as electronics, which is leading manufacturers to squeeze as many savings as possible out of factoryand supply chain costs. "Unless there are some killer items – such as the PC in the late 1990s, or cell phones in 2004-5, this sluggish market trend will … [Read more...] about ASIAN AIR CARGO SUPPLEMENT – Korean grows fleet, despite weak market
ASIAN AIR CARGO SUPPLEMENT – HNA Group to create China’s fourth-biggest carrier
CAAC granted a public air transport enterprise operating license to HNA Group for its Grand China Air entity, bringing the Hainan Airlines parent one step closer to launching its new carrier, Air Transport World (ATWOnLine) reported. It added that the new airline will combine Hainan along with Xinhua Airlines, Changan Airlines and Shanxi Airlines, which will create the country'sfourth-largest commercial carrier. HNA Group president Chen Feng called the license "an important milestone." It … [Read more...] about ASIAN AIR CARGO SUPPLEMENT – HNA Group to create China’s fourth-biggest carrier
