Preliminary figures for the full calendar year 2014 released by the Association of Asia Pacific Airlines (AAPA) showed air cargo markets experienced an encouraging revival in demand after three consecutive years of declines. An upsurge in exports from manufacturing hubs in the region led to a rebound in international air cargo markets in 2014, with demand as expressed in freight tonne kilometre (FTK) terms growing by a solid 5.4 per cent compared to the previous year. Available freight … [Read more...] about APAC airlines see 2014 revival in cargo demand
freight
Canberra 24-hour freight hub plan approved
Australia's minister for infrastructure and regional development Warren Truss has approved Canberra Airport’s new Master Plan, setting out the gateway’s strategic direction for the next 20 years. The new plan includes an intention to use its 24-hour status to become Sydney's freight airport. The airport is expected to release the Master Plan to the public within 50 days. … [Read more...] about Canberra 24-hour freight hub plan approved
Cologne airport cargo up 2% in 2014
Cologne Bonn Airport saw record air cargo growth in 2014, handling 753,000 tonnes, a 2 per cent increase on 2013. The German airport handled 9.5 million passengers in 2014 – a “significant rise” over prior year. “2014 has exceeded our expectations. We have developed better than the German passenger market, partially with growth rates above 5 per cent,” said Michael Garvens, chairman of the management board of Flughafen Köln/Bonn. “Without the numerous … [Read more...] about Cologne airport cargo up 2% in 2014
Study: Muted growth for Pakistan's freight industry
According to a new transportation research report from Business Monitor International, the freight mix in Pakistan is set to perform moderately in both the short and medium term, with growth constricted somewhat by the parlous state of many integral economies at present. Domestic strife, such as the road blockade in Punjab in August 2014, has had a detrimental effect on freight output and such scenarios could flare up again into 2015, the report said. Export cargo worth US$600 … [Read more...] about Study: Muted growth for Pakistan's freight industry
Study: Muted growth for Pakistan’s freight industry
According to a new transportation research report from Business Monitor International, the freight mix in Pakistan is set to perform moderately in both the short and medium term, with growth constricted somewhat by the parlous state of many integral economies at present. Domestic strife, such as the road blockade in Punjab in August 2014, has had a detrimental effect on freight output and such scenarios could flare up again into 2015, the report said. Export cargo worth US$600 … [Read more...] about Study: Muted growth for Pakistan’s freight industry
Air Partner sees encouraging business recovery
Global chartering company Air Partner said its freight business is recovering significantly, albeit from a low base. There was significant activity related to aid agency work associated with relief efforts after Typhoon Haiyan in the Philippines, it noted. "Although this specific work will not repeat, all of the group's business is mostly one-off in nature, but with customers and underlying drivers of activity recurring," the company said in a statement. Meanwhile the largest … [Read more...] about Air Partner sees encouraging business recovery