Los Angeles International Airport has posted an increase in air cargo of 2.7 per cent in September, compared with the year-earlier period. This was one of the few increases in air cargo around the country's airports. In September, air cargo rose to 132 164.116 tonnes, up 2.7 per cent from the 129 478.849 tonnes, a year earlier. … [Read more...] about LAX cargo rebounds in Sept
cargo volume
HONG KONG: Cathay posts H1 profit
The Cathay Pacific Group reported a profit of HK$812 million (US$104.8 million) for the first six months of 2009, compared to a loss of HK$760 million in the first half of 2008, thanks primarily to a HK$2.1 billion fuel hedging gain. Overall the group – which includes its Dragonair subsidiary – has been hit by a deep and sustained downturn in its key markets, with sharply reduced passenger and cargo revenues resulting in a 27.1 per cent drop in turnover to HK$30,921 … [Read more...] about HONG KONG: Cathay posts H1 profit
BAWC volumes down 8.4% in Q3
The sharp downturn in the air cargo market from October last year has resulted in British Airways World Cargo' (BAWC) volumes falling 8.4 per cent over the third quarter of 2008, compared to a year earlier. A "marked and growing deterioration in market conditions" began during the third quarter of the financial year ending 31 December 2008, said British Airway's cargo division. ¡°The turndown in market conditions since November has been unprecedented and we have yet to see it level out," said … [Read more...] about BAWC volumes down 8.4% in Q3
Dubai airport records leap cargo and pax
Dubai International Airport has posted a 9.38 per cent increase in freight traffic year-on-year traffic in 2008, despite the worldwide economic slump and a slowdown in global travel demand. The airport handled 1,824,991 tonnes of cargo in 2008 compared with 1,668,505 tonnes of freight in 2007. The airport also saw passenger numbers rise 9 per cent with a throughput of 37.4 million passengers, compared with 34.3 million passengers a year earlier. However, the airport missed its target of 40 … [Read more...] about Dubai airport records leap cargo and pax
