Malaysia Airlines Cargo (MASkargo) is pinning its hopes on further discounts to woo freight forwarders to increase their transhipment volumes through MASkargo’s Advanced Cargo Centre at Kuala Lumpur International Airport (KLIA).MASkargo managing director, Shahari Sulaiman, said earlier rebates on terminal charges for cargo transhipped via Malaysia Airlines had been increased to 100 per cent for air-to-air, land/rail-toair, and sea-to-air transhipments from April 10 to September. … [Read more...] about MALAYSIA: MASkargo looks to transhipment discounts
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AUSTRALIA: Qantas makes deep cuts and defers A380s
Plummeting profits and declining freight and passenger traffic will see Qantas slash as many as 1750 jobs, sell aircraft and defer its order for four Airbus A380 superjumbos. Qantas announced plans earlier this week to cut about 500 management positions and confirmed it was considering a further 1,250 redundancies out of a company-wide total of more than 34,000. Last year the carrier already cut 1,500 jobs. Qantas employees will also be asked to take long service leave, work part time and … [Read more...] about AUSTRALIA: Qantas makes deep cuts and defers A380s
HONG KONG: Cathay Pacific makes further capacity cuts
Reporting a 22 per cent decline in turnover for the first quarter of 2009, year-on-year, Hong Kong-based Cathay Pacific Airways Ltd said Thursday that it will cut capacity and ask its staff to take unpaid leave over the course of the next twelve months. The carrier said that from May 2009, overall planned cargo capacity will be reduced by 11 per cent while passenger capacity at Cathay Pacific will be reduced by eight per cent and at subsidiary Dragonair by 13 per cent. Cathay Pacific noted … [Read more...] about HONG KONG: Cathay Pacific makes further capacity cuts
HONG KONG: AAT cautious on levelling of cargo declines
Hong Kong’s second largest cargo terminal, Asia Airfreight Terminal Co Ltd (AAT), announced today that its March throughput declined by 28 per cent year-on-year, to a total of 40,217 tonnes. Th e decline was marginally worse than February’s 26 per cent decline and slightly better than January’s 29 per cent fall. “Although the tonnage in March 2009 was slightly higher than the previous two months, it does not reflect that the air cargo industry is getting back on track … [Read more...] about HONG KONG: AAT cautious on levelling of cargo declines
HONG KONG: AAT cautious on levelling of cargo declines
Hong Kong’s second largest cargo terminal, Asia Airfreight Terminal Co Ltd (AAT), announced today that its March throughput declined by 28 per cent year-on-year, to a total of 40,217 tonnes. Th e decline was marginally worse than February’s 26 per cent decline and slightly better than January’s 29 per cent fall. “Although the tonnage in March 2009 was slightly higher than the previous two months, it does not reflect that the air cargo industry is getting back on track … [Read more...] about HONG KONG: AAT cautious on levelling of cargo declines
HONG KONG: Hactl’s March volumes come as “minor reliefâ€Â
Hong Kong Air Cargo Terminals Limited (Hactl) continued to see year-on-year declines in March cargo volumes, but said the declines appear to have levelled off. come as “minor relief” Hong Kong Air Cargo Terminals Limited (Hactl) announced that its tonnage throughput for March and the first quarter both went down more than 20 per cent, but the figures provided “minor relief ” as they are a further indicator that the sharp declines have levelled off . “The … [Read more...] about HONG KONG: Hactl’s March volumes come as “minor reliefâ€Â