Germany’s Fraport, the operator of Frankfurt Airport, as become one of the sareholders of Xianyang nternational Airport in Nothwest China’s Shaanxi Province by obtaining a 24.5 percent stake, state media reported. Under an agreement signed last month, Fraport will pay 490 million yuan for the stake while the state-owned company Cina West Airport Group, former sole owner of the airport, will hold 50.9 percent of shares. The other two shareholders are China National Aviation … [Read more...] about Fraport takes stake in NW China airport
airways cargo
Guangzhou airport to get hub status
Construction of a new runway at Guangzhou Baiyun International Airport will commence early next year, bringing the airport in southern China a step closer to becoming an international aviation hub, according to a China Daily report. The runway, the third at the airport, is scheduled to be ready in 2010, when Guangdong’s provincial capital will hold the 16th Asian Games. Its nearest rival Hong Kong International Airport only has two runways. With the runway’s completion, … [Read more...] about Guangzhou airport to get hub status
Incheon Airport eyes Asia’s cargo hub title
Since changing the mode of customs, immigration and quarantine (CIQ) inspections at its freight terminals in June last year, South Korea’s Incheon Airport has reported a huge increase in cargo throughput moving via its facilities, accordingto a local media report. The report said that another change that had helped increase the cargo load was that cargo plane pilots and crew no longer needed to make the detour to the passenger terminals. Once ranked third in the world, Incheon … [Read more...] about Incheon Airport eyes Asia’s cargo hub title
SHIA urged to restrict cargo and cabin luggage
Following several aircraft accidents in Indonesia, the operator of Soekarno Hatta International Airport has boosted the inspection of cargo and hand-carried materials especially liquids such as aerosol or gels. Kasmin Kamil, the manager of SHIA, said the airport restricted hand-carried liquids since March 31. The policy is in line with the instructions of Transport Minister Hatta Radjasa on the importance of safety and security of passenger and cargo flights. “Airport operators … [Read more...] about SHIA urged to restrict cargo and cabin luggage
Ground support systems supplier sees growth in ME airports
A Dubai-based company supplying ground support systems to Middle East airports has announced growth of almost 70 percent as a booming aviation industry turns the region into a hotspot for aviation suppliers worldwide. Cavotec Middle East recorded an annual turnover of AED100 million in 2006 compared with AED60 million in 2005 and has set itself the target of a further 20 percent increase in the current year. The company, based in the Jebel Ali Free Zone, is currently quadrupling the … [Read more...] about Ground support systems supplier sees growth in ME airports
Cargo grows 4% at world’s airports
The Airports Council International said that airports worldwide reported that 2006 cargo traffi c increased by 4 percent, while passenger traffi c rose 5 percent, as compared to 2005. International passenger and freight results rose even more fi rmly by 7 percent and6 percent respectively. Beijing was a top performer in the Asia Pacifi c region with increases of 18 percent in passenger traffi c, 32 percent in cargo and 10 percent in aircraft movements. Several major hubs across Asia Pacifi c … [Read more...] about Cargo grows 4% at world’s airports