China’s air cargo traffic volume declined 28 per cent year-on-year in February due to the deepening global economic crisis, Li Jiaxiang, director of the Civil Aviation Administrationof China (CAAC), said according to a Chinadaily.com report. The country’s domestic passenger air traffic grew 13.5 per cent year-on-year in February while passenger traffic on international routes fell 16 per cent, Li said. He said China’s total passenger traffic growth for 2009 is … [Read more...] about CHINA: China’s cargo traffic down 28% in Feb
Air Freight Logistics
MALAYSIA: MASkargo may slash cargo capacity again
Malaysia Airlines (MAS) may slash another 20 per cent of its cargo capacity in the coming months following a cut of 23 per cent year-on-year since the fourth quarter of the 2008 financial year ended31 December. That aggressive cut helped to bolster MAS’ cargo load factor at 65.6 per cent in the fourth quarter, with yield of 90.4 sen (US$0.25) per load tonne km, compared with the load factor of 64 per cent and yield at 91.8 sen per load tonne km in the corresponding period a year … [Read more...] about MALAYSIA: MASkargo may slash cargo capacity again
MALAYSIA: ASEAN must aim high in market liberalisation
Malaysia must be a strong voice in encouraging ASEAN member states to keep the regional open skies roadmap on track, says IATA’s Bisignani. ASEAN has missed the December 2008 deadline to open markets between capital cities on a multilateral basis, said Giovanni Bisignani, director general and CEO of the International Air Transport Association (IATA). “Malaysia must be a strong voice encouraging ASEAN member states to fulfill their obligations under the ASEAN Roadmap for … [Read more...] about MALAYSIA: ASEAN must aim high in market liberalisation
MD-11 crash raises history of problems
The FedEx MD-11 aircraft that slammed into the runway before bursting into flames and killing both pilots last month while landing at Tokyo’s Narita International Airport during windy conditions, has raised the issue of the aircraft’s overly sensitive flight-control systems and reputation for being difficult to control during rough landings. Narita’s main runway at Japan’s busiest international hub was closed for nearly 24 hours disrupting hundreds … [Read more...] about MD-11 crash raises history of problems
Air cargo must remove the veils of illusion
Air freight management must strip the veils of illusion from their eyes in combating the worst recession since the industry began sixty years ago, says one air freight executive who believes the industry will not emerge from the crisis in the same formit entered. Speaking at the IATA World Cargo Symposium 2009 in Bangkok, Julian Keeling president and CEO at Consolidators International, Inc. (CII), a major air freight wholesaling firm based in Los Angeles outlined what he saw as the major … [Read more...] about Air cargo must remove the veils of illusion
IATA: Cargo crisis may have reached bottom
Despite the continuing plunge of air cargo volumes – down again by 22 per cent in February year on- year – the International Air Transport Association (IATA), said that the recent run of declines could have reached thebottom. In fact, distinctly optimistic words have begun emerging from IATA, with its chief economist Brian Pearce saying there may even be not simply a leveling off , but an improvement in the sharp declines witnessed since December. “There may … [Read more...] about IATA: Cargo crisis may have reached bottom
