Data released by the International Air Transport Association (IATA) show global air cargo traffic in July dropped 13.5 percent compared to last year, which was a mild improvement from the 17.6 percent shortfall in June. Air cargo traffic for July was weaker than expected, but new export orders and manufacturing output are indicating signs of improvement for air cargo in the coming period. The Purchasing Managers’ Index (PMI)—an indicator of economic health in the manufacturing … [Read more...] about IATA: Air cargo steadily recovers as manufacturing output and export orders pick up
Air Shipping Asia
Lufthansa Cargo adds Boeing 777 freighter to modernise fleet
Lufthansa welcomed a brand-new Boeing 777F landed at Frankfurt Airport on 31 August, according to a press release. Registered D-ALFH, the cargo aircraft made its departure from Everett Airport in Washington State, and the flight took 9 hours and 24 minutes. It is the eighth aircraft of this type in Lufthansa Cargo's freighter fleet, as the cargo carrier expects another aircraft in a few weeks. "The investments in our fleet are a significant contribution to the sustainable improvement of … [Read more...] about Lufthansa Cargo adds Boeing 777 freighter to modernise fleet
Payload Asia’s Monthly Wrap: So long, ghost month!
To end the ghost month, we compiled what’s left of the month-old inbox from August to see what we missed, marketing releases included, along with global news from our much-respected peers. This month’s recap comes with a post-event update on Chinese aviation related events. Who doesn’t want to clean the slate before taking on a new month? Let’s hope sweeping up the vault would help get rid of the bad juju as we head into the peak season. Several regions experience air cargo lull ahead of … [Read more...] about Payload Asia’s Monthly Wrap: So long, ghost month!
Indonesia’s biggest airport operator looks to cargo amidst slump
PT Angkasa Pura II, Indonesia’s largest airport operator, is pushing ahead with the construction of a new goods-handling facility in Jakarta, betting the movement of cargo will help an industry laid to waste by the reduction in passenger flights, Bloomberg reports. It’s calling upon third parties that are interested in investing alongside it to submit proposals in the fourth quarter. The total investment is “estimated to be 7.5 trillion to 8 trillion rupiah ($545 million),” President … [Read more...] about Indonesia’s biggest airport operator looks to cargo amidst slump
IAG Cargo and LEVEL relaunch Barcelona-New York service
IAG Cargo and its long-haul, low-cost carrier LEVEL will restart the Barcelona–New York route for passengers and freight to allow trade and travel between North America and Europe, a press release confirmed. The weekly Barcelona–New York flight will be rotated using LEVEL’s A330-200 aircraft, with the first plane departing Barcelona on 11 September and the second flight taking off JFK on 13 September. Amidst the pandemic, IAG Cargo said it has established a network of over 340 … [Read more...] about IAG Cargo and LEVEL relaunch Barcelona-New York service
NAP partners Bridges Worldwide to push express, courier solutions
Hong Kong-based Neutral Air Partner (NAP), formed by air cargo architects and aviation specialists, announced Bridges Worldwide PLC as partner for express linehaul services. The partnership aims to provide NAP members with a platform of neutral linehaul solutions and blocked space agreements on scheduled freighter services and commercial airlines for express and time-critical freight movements. “Our collaboration will enable NAP partners to enhance their expedited freight and courier … [Read more...] about NAP partners Bridges Worldwide to push express, courier solutions