Guggenheim Aviation Partners remains optimistic about the long term growth of the air cargo market, despite the recent softening of ratesout of Asia. "A lot of capacity has come into the market and yields have been diluted as a result, however we see this as a temporary deviation from the long term positive trend given the underlying strength of the cargo demand in the region," says Paul Newrick, GAP's managing director. While noting some modal shift from air to sea, he reckons that the … [Read more...] about ASIAN AIR CARGO SUPPLEMENT – Guggenheim optimistic about Asian growth
air freighter
ASIAN AIR CARGO SUPPLEMENT- High cost of cargo safety measures not benefi ting shippers
Asian shippers are concerned that the high cost arising from implementing cargo safety measures has not benefi ted them directly, and this was one of the thorny issues raised at the recent 4thAsian Shippers’ Meeting in Seoul. Hong Kong Shippers Council executive director Sunny Ho said a Chinese delegate to the meeting quoted a Japanese shipper as saying that in Japan, a Toyota executive had told him that it had taken the car manufacturer 10 years to shorten the production lead time by … [Read more...] about ASIAN AIR CARGO SUPPLEMENT- High cost of cargo safety measures not benefi ting shippers
ASIAN AIR CARGO SUPPLEMENT – EVA expects only moderate growth
EVA Air is expecting only moderate growth in its cargo business in 2007, citing high fuel prices, overcapacity and competition from sea freight as factors dampening down demand. However Clay Sun, senior vice president, cargo management department, says good growth is expected from selected markets, including Indonesia, India andVietnam. The main focus for the carrier during the year will continue to be its re-fl eeting programme, which is seeing a gradual shift away from MD-11 freighters and … [Read more...] about ASIAN AIR CARGO SUPPLEMENT – EVA expects only moderate growth
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
ASIAN AIR CARGOS SUPPLEMENT – Falling rates put pressure on SAS in Asia
Falling rates out of Asia are putting pressure on SAS Cargo's freighter cooperationsin the region. Ulrik Marschall, the carrier's head of corporate communications, admits that it is fi nding it harder to profitably fi ll the capacity it takes on Air China's thrice weekly B747F from Shanghai and Beijing to Copenhagen, which was launchedlast September. "We had a very good start to the service, and there was defi - nitely a real need for it," he says. "But while there is still plenty of … [Read more...] about ASIAN AIR CARGOS SUPPLEMENT – Falling rates put pressure on SAS in Asia
FLUSH BEFORE YOU GO
We hear that China Southern Airlines has calculated that it takes a litre of fuel to fl ush the toilet at 30,000 feet so it now is urging passengers to go to the toilet before they board. China Southern’s latest strategy is to encourage passengers “to spend their pennies before boarding the aircraft”, a report by Xinhua news agency said. “The energy used in one fl ush is enough for an economical car to run at least 10 kilometres,” Captain Liu Zhiyuan was quoted as … [Read more...] about FLUSH BEFORE YOU GO