Malaysia Airlines Cargo (MASkargo) plans to invest 100 million ringgit (US$30 million) to upgrade the material handling system of its cargo handling complex at Kuala Lumpur International Airport (KLIA) over the next four years, according to MASkargo. "Although the business environment remains challenging, we in the industry are expecting 2010 to be less volatile with moderate growth forecasted," said MASkargo managing director Shahari Sulaiman. Sulaiman said the upgrade would commence in … [Read more...] about MASkargo to upgrade cargo complex
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HK sees 2010 return to air traffic growth
Hong Kong International Airport will see a recovery in air traffic this year amid early signs of improvement in the global economy and continued strong growth on the Chinese mainland. Airport Authority Chief Executive Officer Stanley Hui said across-the-board improvements in air traffic figures for the fourth quarter of last year showed business is returning, adding airlines have been increasing or restoring flight frequencies. He said he is confident the airport will emerge stronger and better, … [Read more...] about HK sees 2010 return to air traffic growth
101 new China stocking locations for UPS
UPS has announced plans to increase its service parts logistics network in China with 101 new field stocking locations (FSLs) which will complement its existing 950 FSLs in 120 countries. The UPS FSL network expansion will cover 89 key cities across China, spanning more than 110 bonded and non-bonded FSLs, the express company said. “This expansion in China is important to the growth of our Post Sales business worldwide and will benefit companies who require close-to-customer China FSLs for … [Read more...] about 101 new China stocking locations for UPS
Air India to convert Alliance into cargo airline
Alliance Air, a wholly-owned subsidiary of Air India (AI), will be converted into a cargo airline with the assets of Alliance Air to be transferred to the newly formed company, Air Alliance Services, a subsidiary of AI and one of its strategic business units. … [Read more...] about Air India to convert Alliance into cargo airline
Air China gets government cash infusion
The Chinese government has approved a 1.5 billion yuan capital injection into Air China, which will give a push to the air cargo joint venture with Cathay Pacific Airways. The Beijing-based carrier - China's largest international carrier - will receive the funds from its controlling shareholder China National Aviation Holding Co. Air China will use the capital to acquire a minority interest in its cargo unit, Air China Cargo, the airline said in a statement. Launched in 2003, Air China Cargo … [Read more...] about Air China gets government cash infusion
DHL donates former US hub to community
Deutsche Post DHL and the Clinton County Port Authority (CCPA) have announced a preliminary agreement for the donation of DHL's former US express hub to the local community of Wilmington, Ohio for redevelopment and future use of the site as an airport/commerce park. … [Read more...] about DHL donates former US hub to community
