Global cargo demand contracted 8 percent YoY (-9.9 percent for international operations) but grew 3.7 percent over the previous month in September, whilst global capacity shrank 25.2 percent YoY (28 percent for international operations), data from IATA showed. The shrink in capacity was three times larger than the contraction in demand, indicating a severe lack of capacity in the market, the trade group noted. Also read: Capacity crunch stalls air cargo demand in August Despite adding … [Read more...] about IATA: Air cargo on recovery path, down 8 percent in September
Air Shipping Asia
Singapore Airlines secures Envirotainer QEP accreditation
Singapore Airlines has received Envirotainer QEP accreditation, a benchmark that recognises air cargo carriers that operate Envirotainer containers in compliance with Good Distribution Practice (GDP) standards. SIA is the first airline to be accredited in Southeast Asia and select stations in its quality corridor network have been certified in Q3. This accreditation is expected to position the airline to provide handling and transport services for the pharma sector, particularly with the … [Read more...] about Singapore Airlines secures Envirotainer QEP accreditation
Swissport opens freight hub, greets Cathay Pacific Cargo in Frankfurt
Swissport and Cathay Pacific Cargo have signed a 5-year contract at Frankfurt airport, with the first shipment arriving at the ground handler’s recently opened air cargo hub. The 17,000-square-metre warehouse, built in less than a year, has direct tarmac access and has 50 percent more capacity compared to the former hub at the Cargo City South logistics district. It has an integrated pharma hub occupying 1,560 square metres, with temperature-controlled zones for handling sensitive … [Read more...] about Swissport opens freight hub, greets Cathay Pacific Cargo in Frankfurt
Malaysia Airport’s new hub with Alibaba aims to bolster e-commerce, air cargo
The Cainiao Aeropolis eWTP Hub, Malaysia, a joint venture between Malaysia Airports and Alibaba, has officially started operations at Kuala Lumpur International Airport (KUL) and is expected to allow 24-hour delivery within the country. Formerly known as KLIA Aeropolis DFTZ Park, the e-fulfilment hub spans 60 acres (2.6 million sqft) with 1.1 million sqft of warehouse space and is expected to double KUL’s cargo volume to 1.4 million per year by 2029. Operated by Cainiao Smart Logistics … [Read more...] about Malaysia Airport’s new hub with Alibaba aims to bolster e-commerce, air cargo
Antonov Airlines flies racing yachts to New Zealand
Ukrainian carrier Antonov Airlines flew three high-tech racing yachts from Italy, UK, and the US towards its final destination in Auckland for the 2021 America’s Cup race. Measuring 22.8 metres long, 4.9 metres wide, the AC75 class yachts were safely loaded onto seven AN-124-100 Ruslan with help from Antonov’s in-house engineering team. Each consignment weighed 20 metric tonnes, including the yacht and support equipment, the carrier noted. Also read: Antonov’s AN-22 moves urgent cargo … [Read more...] about Antonov Airlines flies racing yachts to New Zealand
Omar Hariri named chairman of SkyTeam Cargo
Air freight alliance SkyTeam Cargo has announced the appointment of Omar Hariri, CEO of Saudi Airlines Cargo (Saudia Cargo) and Saudi Arabian Logistics (SAL), as new chairman of its executive board. He replaces Shawn Cole, VP of Delta Cargo, who chaired for the last three years. “It will be an honour chairing the executive board of SkyTeam Cargo, the largest alliance in the cargo industry accounting for nearly 20% of the global air cargo movement. SkyTeam Cargo with its two decades of … [Read more...] about Omar Hariri named chairman of SkyTeam Cargo