Bangkok's Suvarnabhumi Airport is profi ting at the expense of airlines by abusing its monopoly status by imposing excessive landing and parking charges, the International Air Transport Association (IATA) claimed at its 63rd annual general meeting held in Vancouver lastmonth. The meeting also heard that the airport operators in Auckland, Sydney, Hong Kong, Seoul and Johannesburg had reaped profi t margins of more than 40 percent, while airlines have seen their cost savings - $1.9 billion … [Read more...] about IATA blasts AoT’s fee hikes at meeting
air freighting
South China airports establish Forum
Airports of Hong Kong, Guangzhou, Macau, Shenzhen and Zhuhai have agreed to establish the Pearl River Delta Airports Cooperation Forum, a standing organisation to facilitate closer co-operation. Representatives from the airports signed a resolution for the forum establishment at a seminar in Hong Kong last month to expand infl uence of the region's aviation and airport industry to other regions, and establish communication with overseas and Mainland counterpart organisations. The new … [Read more...] about South China airports establish Forum
Chinese bid for German airport hits snag
A Chinese investor's attempt to acquire a German airport hits a stumbling block after the transaction failed to get the Ministry of Commerce's approval, the China Economic Weekly reported. The deal grabbed headlines in late May, when LinkGlobal Logistics bought Parchim Airport in Germany and was hailed as an unprecedented transaction that opened a new investment chapter in Chinese aviation history. Chairman of LinkGlobal Logistics Pang Yuliang, the main player, was in the media spotlight … [Read more...] about Chinese bid for German airport hits snag
Cochin airport to launch Air Kerala
Cochin International Airport Ltd (CIAL) has announced plans to launch a dedicated international cargo airline - Air Kerala - which will operate services to West Asian destinations. CIAL managing director, S Bharath said: "The project will supplement our proposed state-of-the-art centre for perishable cargo, which can handle 40,000 tonnes per year. With this centre and freighter service, we can facilitate the export and import of perishable cargoes such as vegetables, fruits, fl owers, … [Read more...] about Cochin airport to launch Air Kerala
THAI boss hits out at Suvarnabhumi Airport
Thai Airways International president Apinan Sumanseni has criticised Suvarnabhumi Airport for failing to live up to its potential as a regional cargo hub, the Bangkok Post reported. At a recent session of the National Legislative Assembly's Transport Committee, the president said that the new airport had only benefi ted airlines, while failing to help the Thai people. The subcommittee, which is chaired by Adm Banawit Kengrian, was also surprised when Apinan Sumanseni remarked that the … [Read more...] about THAI boss hits out at Suvarnabhumi Airport
DSV buys Active Freight in Dubai
UK-based DSV Air & Sea Holding (part of the DSV Group) has acquired 100 percent of the shares of Active Freight Management LCC in Dubai,UAE. Active Freight Management LCC was DSV's current co-operation partner in Dubai prior to the acquisition. The company has a budgeted turnover of DKK 40 million in 2007 and has 12 employeesworking at the location in Dubai. The company will change its name to DSV Air & Sea LCC. The parties have agreed not to publish the acquisition price. Hugh … [Read more...] about DSV buys Active Freight in Dubai