China Southern Airlines, the country's largest carrier by fleet size, is aiming to set up a cargo joint venture with Air France- KLM by the end of 2008, media and the Chinese carrier said recently. "The company is actively pushing forward the joint venture project with Air France-KLM to develop the scale of our cargo transportation capacity," the carrier said in a fi lingwith the Shanghai Stock Exchange. Hong Kong's South China Morning Post, meanwhile cited Liu Shaoyong, China Southern's … [Read more...] about CHINA: China Southern / Air France-KLM tie-up
cargo aviation
SOUTH KOREA: Korean turns down prosecution deal
Korean Air refused to divulge details of its alleged cartel-like freight deals with other airlines in return for a 20 per cent discount on penalities as the industry collusion investigation continues across the globe. Details of the settlement off er, which Korean Air rejected because it believed it was "unreasonable", were revealed as part of the carrier's attempts to stop the Australian Competition and Consumer Commission (ACCC) from gaining documents via its investigation powers … [Read more...] about SOUTH KOREA: Korean turns down prosecution deal
JAPAN : ANA increases 767-300 BCF order again
Boeing and ANA (All Nippon Airways) announced that the airline exercisedoptions for two more 767-300 Boeing Converted Freighters. Previously, ANAlaunched the 767-300BCF program witha 2005 order for three conversions andfour options. In 2006, ANA exercised two of the options and this agreement to exercise the last of the 2005 options brings the airline's firm order total to seven of the passenger to- freighter conversions. ANA plans to use the freighters as part of a joint-venture cargo … [Read more...] about JAPAN : ANA increases 767-300 BCF order again
JAPAN : Anti-collusion probe hits Japanese forwarders
A number of leading Japanese forwarders are being investigated for alleged price fi xing in the air freight market after the Japanese Fair Trade Commission (FTC) is said to have conducted a series of raids last month involving over a dozen companies including Nippon Express, Kintetsu World Express, Yusen Air & Sea, Vantec Groupand Nishi-Nippon Railroad. Th ese fi ve companies dominate the Japanese air forwarding market and the investigations are understood to be focusing on whether the … [Read more...] about JAPAN : Anti-collusion probe hits Japanese forwarders
The tipping point
Judging by the spate of bad news of late, one could deduce that the much talked about industry downturn is now sinking its teeth in – and it would appear that its going to be more thanjust a flesh wound. Bankruptcies and red-ink seem to be flying right, left and centre. Aloha Airlines and Oasis Airlines are the two most recent to go belly up, and many more are teetering on the brink. Alitalia, still caught up in a political tailspin has been described, most unkindly, by one industry … [Read more...] about The tipping point
Big not necessarily better for JAL Cargo
The challenging global operating environment for air cargo carriers – one characterised by slowing demand, growing capacity and record high fuel prices – has left no carrier unscathed. "I hope this condition will not continue for a long time and at some point the air cargo market will be much more profitable," said Japan Airlines' vice president, planning and marketing for cargo, Yuji Fujitaspeaking to Payload Asia in Tokyo. "All we have to do now is survive under … [Read more...] about Big not necessarily better for JAL Cargo
