Willy Lin, chairman, Hong Kong Shippers Council reckoned the impact of the new legislation would be quite manageable, pointing out that his company already screened 35-40 per cent of outbound cargo, making the act’s target of 50 per cent screeningin the next 18 months quite achievable. Lin said that getting to this stage had taken several million dollars worth of investment however, a cost which could not be passed on to customers.“We hope to recover this from the USgovernment, as … [Read more...] about The impact of the new US cargo screening law
air freighting
Subsidies in the guise of protectionism are just a hidden form of subsidy
“When an airline deploys a multimillion dollar asset in a market, you can bet it will want to grow that market – a factor that governments sometimes forget. In contrast, if cargo did not exist, in many countries peoplewould still be wearing fi g leaves.” Menen went on to point out that liberal policies on traffi c rights were not at all incompatible with profi table airlines. “Traffi c rights are often used to protect carriers, but if that happens then your tax … [Read more...] about Subsidies in the guise of protectionism are just a hidden form of subsidy
Liberalisation more than just traffic rights
In a characteristically blunt start to his presentation, Jim Friedel, president of cargo for Northwest Airlines, explained how a refusal to grant fi fth freedom rights had led to Hong Kong losing the freighter services ofNorthwest. “As a US carrier we have never been allowed to carry cargo from here to Japan. We have continually pressed for these rights, but have not yet got them,” he explained. “But the US government has made great progress in its bilateral discussions … [Read more...] about Liberalisation more than just traffic rights
TIACA supports separate bilaterals for cargo
Support for the idea of separate bilaterals for air cargo came from the Jack Boisen, vice president cargo for Continental and president of TIACA, the International Air Cargo Association, in the second presentation on air freightliberalisation. “TIACA believes separate air cargo bilaterals should be pursued as a fi rst step to full liberalisation,” Boisen said. “Cargo bilaterals should also not be held back by developing countries in order to protect their home … [Read more...] about TIACA supports separate bilaterals for cargo
Liberalisation = economic growth
Liberalisation of traffic rights would be benefi cial to the whole air freight industry, as well as the countries who implement it, said Ulrich Ogiermann, CEO of Cargolux, opening a session on “The Magic of AirFreight Liberalisation”. “We think it is a job creator, and creates economic value,” he added, noting that as air cargo was now an integrated part of global manufacturing processes and an essential enabler for e-commerce, there would be less economic growth … [Read more...] about Liberalisation = economic growth
Hong Kong~ Boom or bust?
Whether facing a boom or bust scenario, airport handlers always had to plan several steps ahead, said Lilian Chan, general manager marketing and customer services for Hong Kong Air Cargo Terminals Limited (HACTL). She contrasted the Boeing predictions of 6.1 per cent per annum cargo growth with the current sluggish market performance. “What will happen next we just don’t know,” she told delegates. On the boom side of the argument, there were the new freighter airlines … [Read more...] about Hong Kong~ Boom or bust?
