The northeastern regional airport of Schwerin-Parchim in Germany has been acquired by Beijing-based LinkGlobal Logistics for an undisclosed amount. The transaction, which will become effective on July 1, is the first of its kind in Europe with a Chinese enterprisetaking over an entire airport. “We want to develop Parchim into an international air freight hub and plan to build a multipurpose industrial and logistics centre at this site,” said LinkGlobal chairman Jonathan Pang. He … [Read more...] about Airport Parchim gets Chinese owner
asia cargo news
US airports need to spend $87b
Airports in the US need to spend more than $87 billion for infrastructure and other improvements by 2011 to accommodate increasing passenger and air-cargo demand, according to a study by the Airports Council International North America. In a statement, the group said that “2007 is stacking up to be similar to and in some instances worse than 2000, a year which until now had the dubious distinction of being the peak year for air-travel delays.” Most airport improvement … [Read more...] about US airports need to spend $87b
Cathay welcomes air traffic initiatives
Cathay Pacific Airways has welcomed the latest initiatives made by the Hong Kong Government to enhance air traffic management and to increase runway capacity at Hong Kong International Airport. The airline sees these essential interim measures as crucial to bolstering the competitiveness of Hong Kong as a leading global aviation hub, and looks forward to more long-term breakthrough developments in the near future through active coordination with the Mainland authorities. Financial … [Read more...] about Cathay welcomes air traffic initiatives
Menzies announces third JV in India
Menzies Aviation has announced a third joint venture in India, further extending its partnership with Bobba Group. Menzies and Bobba Group have signed a non-exclusive ground handling licence agreement with GMR Hyderabad International Airport Ltd (GHIAL). Menzies Bobba Ground Handling Services, a joint venture company, will be one of the two ground handling concessionaires and will provide full passenger and ramp handling at GHIAL airport, which will commence operations in March, 2008. … [Read more...] about Menzies announces third JV in India
Kenya Airways unit joins Cargo 2000
Kenya Airways’ ground handling subsidiary has joined Cargo 2000. The GHA, which was formed in 1978 at the inception of the airline, currently handles close to 70 percent of all airfreight through Jomo Kenya International Airport, Nairobi, which incorporates general cargo, courier traffic and post office mail. The GHA operation also extends to Moi International Airport Mombasa. Moses Wahome, head of cargo operations said: “We are delighted to be the first African airline GHA to join … [Read more...] about Kenya Airways unit joins Cargo 2000
Swissport eyes further growth in Japan
Swissport International is preparing for further growth in Japan now that local industrial concern, Marubeni, formally owns 49 percent of Swissport Japan. The joint venture has won its first major customer at Nagoya Airport. Following the acquisition of aviation maintenance provider SGS in autumn 2006 and the recent shareholding involvement of Marubeni, Swissport Japan has been busily preparing to launch its full range of ground handling products and services. In a statement, the company … [Read more...] about Swissport eyes further growth in Japan
