Macau’s airport was born during a wave of building new or replacement airports in southern China’s Pearl River Delta region largely caused by China’s then paramount leader Deng Xiaoping touring southern China in 1992 andencouraging economic development. Just about every wealthy city drew up plans for an airport. Of the major fi ve within about 40 miles or less of each other, a heady mixture of politics and economics surrounded theircreation: Shenzhen, immediately north … [Read more...] about Macau is betting on a vision
Air Freight Logistics
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
ASIAN AIR CARGO SUPPLEMENT – China's civil aviation industry to face 'small' recession in 2009
CCID Consulting, a leading research, consulting and IT outsourcing service provider in China, said in a report that revenues from the main operations of China's entire civil aviation industry surpassed 200 billion Yuan in 2006 and total profi ts reached nearly 10 billionyuan. CCID Consulting analyst Liu Xu said that the civil aviation industry will maintain an overall relatively high-speed growth from 2006 through 2009. During this time the Beijing 2008 Olympic Games and other factors will … [Read more...] about ASIAN AIR CARGO SUPPLEMENT – China's civil aviation industry to face 'small' recession in 2009
Narita Int'l Airport Corp
Narita International Airport Corporation has appointed Kosaburo Morinaka as the new president and CEO. Morinaka's appointment results from his proven international experience in management, his ability to understand customer needs and produce innovative ideas in his career at Sumitomo Corporation spanning more than 30 years. Morinaka was formerly a member of the board at Sumitomo Corporation, and prior to that he was executive vice president at Sumitomo Corporation. … [Read more...] about Narita Int'l Airport Corp
India Post to launch "Post Bank of India"
In its bid to diversify the varied fi nancial services and helping the common people, India Post is considering to launch a full-fl edged banking system- "Post Bank of India" in the country, the Hindustan Times reported. The announcement was made by Union Minister of State for Communication and Information Technology Dr Shakeel Ahmed, who noted that the main aim of introducing the banking system was to offer loans to the people in the remotest parts of the country exploiting the … [Read more...] about India Post to launch "Post Bank of India"
Jakarta's forwarders carry heavy burden
The Indonesian Forwarders Association (INFA) has reported that many of its members in the DKI Jakarta province have closed their business as a consequence of their inability to compete with multinational forwarders operating in the city. INFA said the number of forwarders has been reduced from 1,400 in 2005 to just 780forwarders who are active today. The chairman of INFA for the Jakarta chapter, Syukri Siregar said at the association's recent workshop that local forwarders have lost their … [Read more...] about Jakarta's forwarders carry heavy burden
