2022 wrapped up with less demand and lower rates for the industry as air cargo volumes declined for the 10th consecutive month in December, falling 8 percent year on year and down 13 percent compared to 2019, according to the latest air freight data from Xeneta. Available capacity meanwhile recovered to 93 percent of the 2019 level. CLIVE’s ‘dynamic load factor,’ which provides a 'true indication of market performance' based on the volume and weight perspectives of cargo flown and capacity … [Read more...] about Air cargo’s 2022 ends with less demand, lower rates
Asia Pacific air freight
Brussels Airport sets new tariffs from April
Brussels Airport wants to give airlines an even greater incentive to further invest in the modernisation of their fleet and has set new airport tariffs for the next five years, this time taking the environmental component more seriously. The loudest aircraft will pay up to 20 times more than the quietest from April 2023 onwards, and the tariffs will also take nitrogen oxide emissions into account. The airport wants to give airlines an even greater incentive to use more modern, quieter and … [Read more...] about Brussels Airport sets new tariffs from April
JD Logistics adds new air cargo routes in China
JD Logistics Airlines announced that it has launched two new all-cargo routes. The first route will be from Beijing to Wuhu in China’s Anhui province then Nantong in Jiangsu province, and the other will fly between Shenzhen and Wuxi in the eastern province of Jiangsu. The first Beijing-Wuhu-Nantong flight was operated with a 737-800 all-cargo aircraft, which landed in Wuhu Xuanzhou Airport at 730 local time on December 28. The route is expected to improve the logistics transportation … [Read more...] about JD Logistics adds new air cargo routes in China
Liege Airport gears up for SAF
Liege Airport is now ready to receive, store and distribute sustainable aviation fuel (SAF) to airline partners, becoming the first airport in Belgium to announce such a feat. The cargo air hub confirmed that aviation fuel installations and fuel storage facilities have been audited over the last months and procedures have been reviewed to accommodate for the arrival of SAF. The airport shared that several of its airline-customers confirmed having talks with suppliers to … [Read more...] about Liege Airport gears up for SAF
Korean-Asiana merger secures China’s approval
The Ministry of Commerce of the People’s Republic of China (MOFCOM) announced its approval of Korean Air’s business combination with Asiana Airlines on December 26. MOFCOM has demanded that the merged Korean Air-Asiana entity reduce its market share due to competition concerns, to which Korean Air has submitted remedies proposing to transfer slots to any new airlines wishing to start air services on nine routes where both Korean Air and Asiana Airlines operate. Five of the nine routes have … [Read more...] about Korean-Asiana merger secures China’s approval
GEODIS sets up CoE facility in Bangalore
GEODIS has established its sixth ‘strategic control tower’ in Bangalore on 21 December, which will enable end-to-end visibility, performance monitoring and enhancement, continuous improvement and network optimization, across India's transport supply chain. The logistics provider has opened a Center of Excellence (CoE), which will specialize in supply chain management and advisory and render services from order management to pick-up and delivery management, exception management, and freight … [Read more...] about GEODIS sets up CoE facility in Bangalore