Boeing delivered a 777-300ER (Extended Range) to Singapore-based leasing company BOC Aviation and its customer, Cathay Pacific Airways painted in a special oneworld livery to highlight the commitment of Cathay Pacific, as a member airline, to the alliance’s 10th anniversary. “The 777 has been a valuable asset for Cathay Pacific’s long-haul services, allowing us to maximize our operations in the most economic and efficient manner,” said Tony Tyler, chief … [Read more...] about HONG KONG: Cathay Pacific gets 777- 300ER in oneworld livery

The latest figures from Hong Kong’s Census & Statistics Department indicate a growing importance of the airfreight industry in the territory as a proportion of overall trade. The trade value of air cargo rose to 35 per cent of overall trade last year from 30 per cent in 2003 with cargo throughput at Hong Kong International Airport standing at 3.63 million tonnes last year. Hong Kong remains the largest air cargo hub in the world, followed by Seoul, Tokyo, Paris and … [Read more...] about HONG KONG: Airfreight continues to pad HK trade

Qantas has announced that it had formally joined the Sustainable Aviation Fuel Users Group (SAFUG), a bipartisan industry group established to accelerate the development and commercialisation of sustainable aviation fuel. “Through the Sustainable Aviation Fuel Users Group we are joining other industry partners to work together to lessen the environmental impact of aviation,” Qantas CEO Alan Joyce said. “Qantas is also looking at ways to save fuel and reduce carbon … [Read more...] about AUSTRALIA: Qantas joins sustainable fuel group

Reiterating sentiment expressed recently by a number of players in the airfreight industry, Toll Group chief executive Paul Little has said that airfreight was leading seafreight as the global economic recovery gathers steam. Little also predicted a rebound beginning in the fourth quarter this year. “Interestingly we’ve probably seen more interest in airfreight than seafreight,” Little said speaking on ABC’s Inside Business program. “Airfreight, of … [Read more...] about AUSTRALIA: Airfreight rising faster than seafreight: Toll

The Chinese Vice Premier has reaffirmed his country’s commitment to going beyond the China-ASEAN Free Trade Area (CAFTA) which is set to come into effect on January 1, 2010 in developing comprehensive economic cooperation in the Asian region. This agreement will provide a zerotariff policy on 90 per cent of the products traded between China and ASEAN countries including Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Once … [Read more...] about CHINA: China-ASEAN Free Trade Area on track

Jade Cargo International has launched new flights to and from Istanbul, Turkey from end-October with regular scheduled twice weekly flights from Shanghai Pudong Airport to Istanbul Ataturk Airport with continuation to Amsterdam. The Turkish industrial capital figures prominently in Jade Cargo’s strategic vision and is a logical extension of its European services, said Su Xiufeng, executive vice president Finance and Corporate Affairs, Jade Cargo International. “Istanbul … [Read more...] about CHINA: New Istanbul service for China’s Jade