Singapore Post and Alibaba Group Holding have announced a series of new initiatives for collaboration and growth following the signing of a joint venture agreement. The three initiatives signal the deepening of a business relationship that started last year and a commitment from both parties to increase e-commerce logistics collaboration in the future to build a leading ecommerce logistics platform to service the rapidly growing ecommerce businesses across Asia Pacific and beyond. Lim Ho Kee, … [Read more...] about SingPost, Alibaba expand e-commerce logistics coop
Air Shipping Asia
FedEx confirms order for 50 B767Fs
FedEx Corp has confirmed the market speculation, as reported by Payload Asia last week, by signing a deal to purchase 50 additional B767-300 freighters in the biggest order ever for the aircraft type, allowing the aircraft maker to extend its production line well into the next decade. The deal, announced in a statement by FedEx includes options for another 50 B767Fs and is worth US$9.97 billion at list prices. FedEx said the aircraft will be delivered by Boeing for its FedEx Express arm … [Read more...] about FedEx confirms order for 50 B767Fs
Changi Aiport, Xiamen Airlines sign MoU
Changi Airport Group (CAG) and Xiamen Airlines have signed a memorandum of understanding (MOU) to jointly collaborate on initiatives to grow connectivity and traffic between Singapore and China. Effective until 31 March 2018, the MOU formalises the partnership to increase air services between the two countries and to grow transit and transfer traffic from Southeast Asia, Southwest Pacific to and from China, via Singapore. Noting that Xiamen is currently the fourth largest Chinese city for … [Read more...] about Changi Aiport, Xiamen Airlines sign MoU
Half year cargo growth hits 12% at MUC
Munich Airport (MUC) achieved growth in all traffic segments in the first half of 2015 with growth in the air cargo business at Munich Airport outstripping that of the passenger segment. The total of 156,000 tonnes of flown airfreight represented an impressive 12 per cent year-on-year gain in the volume of goods handled at the airport. After three years of declining figures, the number of take-offs and landings are back on track for growth, with a 1.1 per cent increase to more than 186,000 … [Read more...] about Half year cargo growth hits 12% at MUC
Munich’s third runway cleared for take off
Munich Airport has welcomed the ruling by the Federal Administrative Court in Leipzig, in which the court has now dismissed the six outstanding complaints filed by the environmental group Bund Naturschutz Bayern and five private individuals. The plaintiffs had filed motions with the Leipzig court following the rejection of their appeals in the administrative proceedings on the construction permit for the airport’s third runway. In a previous ruling on February 17, 2015, the court had already … [Read more...] about Munich’s third runway cleared for take off
HNA Group in talks to acquire Swissport
HNA Group Co., owner of China’s fourth-largest airline, is said to be in talks to acquire ground handler Swissport International Ltd., according to a Bloomberg report quoting unnamed sources. The report said Swissport’s privateequity owner PAI Partners SAS is seeking about US$3 billion from a sale, but negotiations have dragged on for several months, held up by disagreement over the price, according to the sources. Swissport provides ground services for around 229 million passengers and … [Read more...] about HNA Group in talks to acquire Swissport
