China will build "model airport economic zones" in pilot cities, the country's aviation watchdog has announced according to Xinhua. The move is aimed at supporting the development of airports, a new engine for regional growth and industrial upgrading, according to a statement from the Civil Aviation Administration of China (CAAC). To qualify, cities must have airports that handle at least 100,000 tonnes of cargo, or more than 10 million passengers annually, according to the … [Read more...] about China to tap airport economic zone strategy
Air Freight Logistics
X2 Networks launches X2 Pay
X2 Group of Professional Logistics Networks, a global network of professional logistics specialists, has announced the debut of the newest addition to its comprehensive platform, X2 Pay. X2 Pay is a unique company-to-company financial transaction system intended specifically to facilitate instantaneous payments between members of the X2 Logistics Networks. This service has just gone live and is exclusively intended for use between the members of X2. X2 Pay will ease the payment process … [Read more...] about X2 Networks launches X2 Pay
Airports Commission advocates Heathrow 3rd runway
The UK’s Airports Commission has recommended a third runway at Heathrow airport while a second runway at Gatwick is described as a ‘credible’ option’. Expansion of the west London hub would add £147 billion (€207 billion) in economic growth by 2050, according to the report. It would also connect the UK to more than 40 new destinations around the world including 10-12 new long-haul routes. An expansion at Heathrow would also allow the airport to … [Read more...] about Airports Commission advocates Heathrow 3rd runway
Ruili Airlines orders 30 B737 MAXs
Kunming, China-based, Ruili Airlines announced at last month’s Paris Air Show that the airline has committed to purchase 30 B737 MAXs with the financial support of AVIC International Leasing. The commitment, valued at US$3.2 billion at current list prices, will be subject to the approval of the Chinese government. “Today’s agreement demonstrates our ambition to grow from a start-up airline to a driving force in China’s growing aviation industry,” said Ma … [Read more...] about Ruili Airlines orders 30 B737 MAXs
Capital Airlines to begin Europe services
Hainan Airlines Company’s (HNA)Beijing Capital Airlines plans to beginservices to Europe later this yearby September with limited serviceto Copenhagen from Hangzhouand Beijing while Helsinki will be servedfrom Beijing only. The airline’s 54narrowbody aircraft will be joined bythree A330-200s by the end of the year.Capital Airlines operates a mixture ofscheduled and charter services. … [Read more...] about Capital Airlines to begin Europe services
Virgin Australia to launch own cargo business
Virgin Australia will launch its own cargo service from 1 July following the end of its current contract with the Toll Group on 30 June. The launch of Virgin’s own cargo service will bring it in direct competition with Toll – now owned by Japan Post – and Qantas in the air-freight market. Virgin has a strategy team in its Sydney office that concentrates on freight with the company currently targeting revenue between US$150 million and US$200 million from its cargo business by … [Read more...] about Virgin Australia to launch own cargo business
