The Airport Authority (AA) of Hong Kong is to call for the fi nal tenders from short-listed bidders for construction of the third cargo terminal by end of June,an offi cial said. Speaking at a conference organised by Philips, Hong Kong Association of Freight Forwarding & Logistics Ltd (HAFFA) chairman, Kelvin Leung said the construction of Hong Kong’s third cargo terminal, which is scheduled for completion by 2011, would enhance theterritory’s competitiveness. Sun Hung … [Read more...] about HONG KONG: AA calls for tender of third cargo terminal

While China Eastern Airlines is on the verge of selling a 25 percent stake to Singapore Airlines, Shanghai Airlines appears to be interested fi nding its own foreign investor, ATWOnline reported. ANA president and CEO, Mineo Yamamoto said last month that the Japanese carrier is considering a crossshareholding arrangement with its future Star Alliance partner. Yamamoto said an arrangement with Shanghai Airlines would be similar to the agreement reached with Asiana Airlines in June, under … [Read more...] about CHINA: ANA, CA moot higher stake in Shanghai Air

Air Canada said it is dropping its freighter operation into China. At the end of June, the Canadian carrier will return a leased MD-11 freighter to ACMI provider World Airways, terminating its all-cargo service between Shanghai and Toronto. The airline said the decision was based on a capacity glut and declining yields. US carriers such as UPS and Polar have boosted their Shanghai operations. On the Chinese side, Shanghai Airlines and Yangtze River Express started US fl ights, and Jade Air … [Read more...] about CHINA: AC axes freighter fl ights to China

Chapman Freeborn Airchartering Pte Ltd in Singapore has been appointed exclusive sales agent in South East Asia& Australasia for Azerbaijan’s Silk WayAirlines, with immediate effect. Thenewest aircraft in Silk Way Airlines’ fl eetis the L76-TD-90. The aircraft was manufacturedby Ilyushin Aviation Complex,delivered in April 2007 and entered intocommercial service last month. The IL76-TD-90 is capable of carrying more cargothan the older IL76 aircraft and has anincreased payload … [Read more...] about SINGAPORE: Chapman Freeborn expands Asian business

NYK has invested US$5 million in Singapore-based Jett8 Airlines Cargo, following an agreement reached in February 2007. Under the terms of the February agreement, Jett8 would obtain an air operator’s certifi cate from the Singapore government, which it did on June 8, 2007, as well as the air traffi c rights required to operate the company’s scheduled international network. The cargo carrier now plans to begin providing services between Asia, Europe, and the Middle East. The … [Read more...] about SINGAPORE: NYK invests US$5m in Jett8 Airlines Cargo