Air China Limited announced its interim results for the 6 months ended June 30, 2017. Cargo Business In the first half of 2017, the global trade recovery accelerated with emerging signs of growth pick-up in the international transport market. However, domestic market growth was relatively slow amid China's economic transformation. Air China Cargo has proactively transformed its business model, and continuously strengthened the passenger and cargo business alignment to steadily … [Read more...] about Air China limited announces 2017 interim results
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Kerry Logistics records 10% growth in H1
Kerry Logistics Network Limited (‘Kerry Logistics’ or together with its subsidiaries, the ‘Group’) announced the Group’s interim results for the six months ended 30 June 2017. William Ma, group managing director of Kerry Logistics, said, “2017 1H has been another challenging period. Global demand stalled in Q1 and our cargo volume was at a low level in January and February. Nevertheless, the temporary slowdown in Q1 reversed as the world economy gradually stabilised with cyclical … [Read more...] about Kerry Logistics records 10% growth in H1
China engine ‘sputtering’ – additional product data soon: July 2017
According to World ACD Market, the stories about recent developments in air cargo run the risk of becoming somewhat monotonous: July was again a month with double digit year-over-year (YoY) growth. As Sonny Bono wrote 50 years ago in his famous, yet rather repetitive song: "the beat goes on, yes, the beat goes on". It is not too difficult to imagine that quite a lot of people in our industry do not mind the monotony at all, after a number of years in the doldrums. Underneath the … [Read more...] about China engine ‘sputtering’ – additional product data soon: July 2017
Logistics companies GoGoVan and 58 Suyun to merge
Two logistics companies have pulled off a rare cross-border deal between a mainland China and a Hong Kong start-up, and consolidated two of Chinese tech group Alibaba’s investments in the process. The deal will see Hong Kong’s GoGoVan slot together its operations in the territory, Taiwan and Southeast Asia with 58 Suyun’s business in China. The latter being bigger, will control the combined group. The duo operate on an asset-light model, much like Uber, allowing customers to hire a … [Read more...] about Logistics companies GoGoVan and 58 Suyun to merge
New Jettainer director of operations – Frank Mühlenkamp
Frank Mühlenkamp is now strengthening Jettainer GmbH as its new director of operations. He is therefore responsible for the complete management and maintenance of about 90,000 containers and pallets (ULDs) worldwide that are operated by 24 airlines in conjunction with the leading international service partner for outsourced ULD management. Mühlenkamp launched his career at the Ground Operations department at the Lufthansa hub in Frankfurt. After spending two years at Augsburg … [Read more...] about New Jettainer director of operations – Frank Mühlenkamp
Ethiopian begins non-stop direct flights to Sao Paulo
Ethiopian Airlines Group, the largest airline in Africa, announced that it will begin nonstop direct services to Sao Paulo, which are currently operated via Lome, Togo, effective as of mid-September, 2017. Group CEO, Ethiopian Airlines, Tewolde GebreMariam, said; “We are delighted to offer our customers a faster and reliable connectivity between Africa, Middle East, Asia and Brazil with one of the shortest total Travel Time, operated with our state of the art fleet, Boeing 787. … [Read more...] about Ethiopian begins non-stop direct flights to Sao Paulo
