CEVA Logistics has announced the opening of ‘Pyramid,’ a new 12,000 sq.m warehouse located in the JAFZA South Zone in Dubai. The new facility will serve as CEVA’s Middle East headquarters and manage products for four key regional customers working in the electronics, fashion and industrial sectors, the group said. … [Read more...] about CEVA opens ‘Pyramid’ warehouse in Dubai
asia cargo news
Korean pulls out of SkyTeam cargo alliance
Korean Air has terminated its involvement in the SkyTeam joint venture cargo sales alliance that had been formed with SkyTeam partners Delta and Air France. The Asian carrier's withdrawal effectively ended the joint venture after Delta Cargo decided to pull out late last year. Korean will now sell its cargo capacity in the US and Canadian market through its own offices following a revamp of its sales network creating one western and one eastern division. … [Read more...] about Korean pulls out of SkyTeam cargo alliance
MASkargo charts expansion plans
MASkargo, the air cargo subsidiary of Malaysia Airlines, has said that once its contract on the four Boeing 747-200F’s it wet leases from Air Atlanta Icelandic expires next year it hopes to acquire more modern and larger aircraft, possibly either 747-400’s or Airbus A330’s, to boost its capacity. … [Read more...] about MASkargo charts expansion plans
Dubai pax numbers up, cargo stable
Dubai International recorded an increase of 19.5 per cent in passenger traffic in September, the highest monthly growth rate since October 2007 and the fourth consecutive month of double-digit passenger traffic growth. Cargo growth remained stable in September with a modest increase of 2.75 per cent. Dubai Airports Cargo handled 168,334 tonnes of freight in September 2009 compared to 163,836 tonnes during the same period last year. Year-to-date cargo volumes total 1.37 million tonnes compared to … [Read more...] about Dubai pax numbers up, cargo stable
Classic B707 crashes in Sharjah on landing
A Boeing 707 cargo aircraft belonging to Sudan's Azza Air crashed in the United Arab Emirates at Sharjah airport on Wednesday while landing killing all six aboard. The airframe was originally delivered to Lufthansa on February 27, 1969. Since then it has also served with Condor, United Arab Emirate, Sudan Airways and Ibis Air Transport, as well as other carriers. … [Read more...] about Classic B707 crashes in Sharjah on landing
United posts $63 million loss for Q3
UAL Corporation, the holding company of United Airlines, reported a net loss of $63 million for the third quarter ended Sept. 30, 2009. Cargo revenue for the quarter decreased 43 per cent year-over-year as a result of lower volumes and continued pressure on yields due to the weak economy, the group said. "United's significant presence in the Pacific export markets, which have been particularly impacted by the weakness in the global economy, continues to disproportionately affect its cargo … [Read more...] about United posts $63 million loss for Q3
