Asia Airfreight Terminal (AAT) has been appointed by AeroLogic as its cargo handling agent at the Hong Kong International Airport. AeroLogic, a joint venture cargo airline of DHL Express and Lufthansa Cargo, is the first airline to operate the new B777F. AeroLogic offers Lufthansa Cargo services on the Europe- Asia trade lane between Leipzig, Tashkent and Hong Kong and DHL Express services between Leipzig, Bahrain, Singapore and New Delhi. … [Read more...] about AeroLogic appoints Asia Airfreight Terminal
asia cargo news
Fraport ties up with Pulkovo Airport
Russia-based VTB Group, the administration of Saint-Petersburg and Fraport AG Frankfurt Services Worldwide signed a memorandum of intentions to develop Pulkovo Airport into an international transport hub. The memorandum is signed following the results of the tender to sign an agreement with the government of Saint-Petersburg on public private partnership. … [Read more...] about Fraport ties up with Pulkovo Airport
Sale of Gatwick stalls over offer price
The sale of Gatwick, the UK’s second largest airport, has stalled following the refusal of the leading bidder – a consortium involving the Manchester Airports Group (MAG) and Canadian Infrastructure firm Borealis – to raise its offer. MAG refused to raise its bid beyond £1.4 billion (US$2.3 billion), below the £1.8 billion Gatwick owner BAA originally quoted and the £1.5 billion it is currently reported to be asking for. … [Read more...] about Sale of Gatwick stalls over offer price
Heathrow sees June cargo improvement
London Heathrow reported a drop in cargo traffic of 14.5 per cent in June from a year ago to 103,400 tonnes, an improvement on the 19.2 per cent drop in May. London Stansted, similarly reported a traffic drop of 14.8 per cent in June to 15,271 tonnes, a slight improvement on the 15.4 per cent decline in May. London Gatwick’s plummeting cargo volumes accelerated to -32.7 per cent for a total of 5,169 tonnes from a 21.5 per cent decline in May. Air cargo and pax down at Cambodian … [Read more...] about Heathrow sees June cargo improvement
Cargo decline slows in June at Frankfurt
Europe’s busiest air cargo hub, Frankfurt airport, has reported a slowing decline in cargo traffic in June. Frankfurt handled 148,211 tonnes of cargo in June, a 16.5 per cent drop from a year earlier that followed year-on-year declines of 17.1 per cent and 24.9 per cent in May and April respectively. The improved June figure still left cargo volumes in the first half of the year 21.4 per cent down on the same period in 2008 at 822,469 tonnes compared with 1.05 million tonnes a year … [Read more...] about Cargo decline slows in June at Frankfurt
Hong Kong sees cargo stabilisation
Hong Kong Airport’s two major freight handlers, Hong Kong Air Cargo Terminals Ltd (HACTL) and Asia Airfreight Terminal (AAT), have both reported clear signs of a stabilisation in cargo volumes and are hopeful that the beginning of a recovery is underway. Noting that air cargo throughput is “generally a good indicator of the economy†HACTL said that while the first half of 2009 had been difficult, “it is delightful to observe the relatively stabilised tonnage … [Read more...] about Hong Kong sees cargo stabilisation