Hong Kong Air Cargo Terminals Limited (Hactl) announced that its tonnage throughput for the first nine months of the year was 1,624,116 tonnes, representing a cumulative year-on-year drop of 16.3 per cent. September tonnage further stabilised with a total of 212,391 tonnes handled, registering a milder drop of 4.3 per cent year-on-year, said Hactl in a statement. Tonnage performance in the third quarter also showed clear improvement compared with last quarter, with a total of 620,358 tonnes … [Read more...] about Hactl reports stabilising volumes
confidence
IATA: Asia cargo carriers optimistic of rising demand
The latest Airline Business Confidence Index from the International Air Transport Association has indicated carriers in Asia are more optimistic of a stabilisation of profitability over the next twelve months, compared with their counterparts in Europe and North America. The report noted that air cargo demand and yields continued to suffer in the last quarter of 2009, but "recent traffic results indicate that a floor may have been reached during the first half of the year with international FTKs … [Read more...] about IATA: Asia cargo carriers optimistic of rising demand
