“Asia’s economies, particularly China and to a lesser extent India will remain the centre of gravity for trade,” said Hermann Ude, CEO for DHL Global Forwarding, Freightduring the APEC CEO Summit 2009. “The search for resources and export markets is a key driver of Asia’s economic growth and expansion. Rich in natural resources, with a large population of youthful, increasingly well-educated workforce and a growing middle class – this is the … [Read more...] about Asia will contribute 40% of global trade by 2028

First scheduled to come into effect on 1 January 2009, then postponed to 1 July 2009 a new ground handling policy, necessitated by the rapidly developing aviation market in India, was postponed again to January 2010. But this time around the date was pushed backeven further, to a year later. Initially approved by Parliament on 1 February 2007, the civil aviation ministry wanted to put an end to ground handling being done by private airlines like Jet Airways and Kingfisher Airlines. Desirous … [Read more...] about India’s moribund ground handling policy

According to PACTL deputy general manager Lutz Grzegorz, the cargo handler, which serves 40 per cent of the international cargo passing through Pudong airport, focused on strict control of its operational cost and manpower utilisation last year in order to face the global recession. “PACTL, whose core business is providing cargo warehousing services, handled a total of 911,000 tonnes of cargo last year, representing a 12 per cent year-on-year decline in overall cargo throughput,” … [Read more...] about PACTL builds customer base despite recession

Air Cargo Management Group’s (ACMG’s) newly-released International Air Freight and Express Industry Performance Analysis 2009/10 confirmed what has been clear to all participants in the industry, that it was the most difficult year ever for the industry. Recession-induced double-digit declines in air freight traffic first appeared in the fourth quarter of 2008, and continued for a full twelve months. “Indications are that international air freight for 2009 will … [Read more...] about New report sees recovery underway for air cargo

EUROPE & CIS: AeroLogic expands network with new 777Fs AeroLogic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, is expanding its network, following delivery of two additional 777 freighters last month. The company has begun daily flights from Leipzig to Hong Kong, four of them non-stop, as well as weekend flights from Frankfurt to Atlanta and Chicago during the current winter schedule. “Demand for Europe to Asia and Europe to US remains stable, despite the … [Read more...] about EUROPE & CIS: AeroLogic expands network with new 777Fs