Qantas Freight has become a standalone entity after parent, Qantas established a holding company for the freight carrier. Qantas has transferred 50 per cent of its stake in the freight division to the new company Qantas FreightEnterprises. The move was widely expected following Qantas' takeover of Singapore- based express operator DPEX Worldwide last August. At the time Qantas chief executive Geoff Dixon commented that the freight unit could be successful as a stand-alone entity. Recent … [Read more...] about AUSTRALIA: Qantas Freight steps out on its own
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JAPAN: ANA looks to Shanghai to boost sales
All Nippon Airways (ANA) is aiming to boost cargo sales by as much as seven-fold by 2015 to US$6.4 billion byjoining with Shanghai Airlines. Establishing Shanghai as its eastern cargo hub on the mainland, ANA is eyeing other destinations in the mainland's southwest and northeast to drive growth in cargo. Mainland cargo sales comprise 20 per cent of ANA's air freight sales, compared with less than 10 per cent for Hong Kong and 50 per cent for Japan. ANA is in talks with Shanghai … [Read more...] about JAPAN: ANA looks to Shanghai to boost sales
JAPAN: ANA details more of its Asian express JV
All Nippon Airways Co. (ANA), Japan's second-largest carrier, will set up an international cargo venture specialising in delivery to Asian countries, with two Japanese forwarders to takeadvantage of rising trade. The new, as yet un-named company to be established in April, will provide small-lot, express-delivery services, the three companies said in a joint statement. ANA will take a 34 per cent stake in the venture, while Nippon Express Co. and Kintetsu World Express Inc. will each own … [Read more...] about JAPAN: ANA details more of its Asian express JV
MALAYSIA: MASkargo targeting the Middle East market
Malaysia Airlines Cargo Sdn Bhd(MASkargo) aims to attract the lucrative Middle Eastern air cargo business,the group said during a Malaysian tradeexhibition in Sharjah recently. MASkargo managing director, Shahari Sulaiman, said that the United Arab Emirates (UAE) remains a key market in the Middle East for the cargo carrier, due to its growing position as the region's fastest developing economy. "We are looking towards positioning our charter business as well as offering other key … [Read more...] about MALAYSIA: MASkargo targeting the Middle East market
MALAYSIA: MAS joins carriers being investigated
Malaysian Airline System Bhd (MAS) said recently it has received astatement of objections from the European Commission (EC) for alleged anticompetitivepractices in air freight. Malaysia Airlines Cargo Sdn Bhd, a unit of the national carrier, has also been served with the statement of objections in relation to the EC's investigation into alleged anti-competitive behaviour. MAS said the charge sheet did not indicate the amount of fines that might be imposed. "The MAS group of companies has … [Read more...] about MALAYSIA: MAS joins carriers being investigated
CHINA: Heavy competition in Asia-Pacific
Airlines operating in the Asia-Pacific region currently face and will face for a number of years, one of the most competitive environments in the world according to the Centre for Asia PacificAviation. The centre said that a surge in capacity being brought on by Asia-Pacific and Middle Eastern carriers would result in one of the busiest years of new airline activity in the region in more than a decade. It said the projected arrival of new aircraft in 2008 and the proliferation of new … [Read more...] about CHINA: Heavy competition in Asia-Pacific
