Air Logistics Asia

EUROPE & CIS: Lufthansa Cargo launches Guadalajara service

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Lufthansa Cargo has launched a weekly freighter service to Guadalajara, Mexico from 22 July. The flight, operated by an MD-11 freighter, will fly from Lufthansa’s Frankfurt hub via Dallas/Fort Worth to Guadalajara and again via Dallas back to Frankfurt. Lufthansa said Guadalajara, known as the “Silicon Valley” of Mexico, is an important commercial and industrial market. Lufthansa already operates twiceweekly MD-11 services to Mexico City as well as daily flights … [Read more...] about EUROPE & CIS: Lufthansa Cargo launches Guadalajara service

JAPAN: US & Japan agree on security standards

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The US Customs and Border Protection (CBP) and Japan Customs and Tariff Bureau (CTB) have signed a “mutual recognition arrangement” to align “security standards in international trade partnership programs critical to both countries.” The agreement recognises similarities and mutual standards between Japan’s Authorised Economic Operators (AEO) programme and the US’ Customs-Trade Partnership Against Terrorism (C-TPAT) programme. The two said … [Read more...] about JAPAN: US & Japan agree on security standards

New India JV for GeoPost & Continental Air Exp

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GeoPost, the express parcel arm of French Groupe La Poste, and Continental Air Express Pvt Ltd, an associate company of India-based Continental Carriers Group, have announced a new joint venture company based in New Delhi. The new company will be called DPD Continental Pvt. Ltd and will offer inbound and outbound express parcel services under the DPD brand to customers in India. GeoPost Intercontinental, the international expansion arm of GeoPost, will hold a 60 per cent stake while the … [Read more...] about New India JV for GeoPost & Continental Air Exp

First quarterly loss in six years for SIA

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Singapore Airlines has posted its first quarterly loss since 2003, with a S$307.1 million (US$212.6 million) loss that compared to a S$358.6 million profit in the fiscal first quarter of 2008-09. The global economic downturn, swine flu and unfavorable fuel hedges dragged the carrier into the red. Group revenue during the quarter ended June 30 dropped 30.5 per cent to S$2.87 billion while expenses were reduced 15.8 per cent to S$3.19 billion. A S$287 million loss on fuel hedges partially offset … [Read more...] about First quarterly loss in six years for SIA

Leading integrators need to reorganise networks: Datamonitor

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Leading integrators DHL, TNT, FedEx and UPS need to reorganise their networks as a result of structural changes in the industry according to consulting firm Datamonitor. Despite severe cost cutting programmes, the four major integrators have all recorded a major drop in profits in the last quarter, largely due to significantly lower volumes as well as customers opting for cheaper alternatives, Datamonitor said in a statement. "However, both DHL and UPS companies have gained some significant … [Read more...] about Leading integrators need to reorganise networks: Datamonitor

Boeing finalises Vought purchase for 787s

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Boeing announced the conclusion of its acquisition of the business and operations conducted by Vought Aircraft Industries at its South Carolina facility, where a key structure for the 787 Dreamliner is built. The newly acquired facility, located in North Charleston, will be called Boeing Charleston and will be managed by the 787 programme as a wholly owned subsidiary. Boeing Charleston will continue to perform fabrication, assembly and systems installation for 787 aft fuselage sections, which … [Read more...] about Boeing finalises Vought purchase for 787s