Incheon International Airport is set to start operations at its newest cool cargo center this year as it aims to improve the airport’s hub competitiveness, particularly in the perishables sector. The airport said ‘necessary procedures are under way’ for the completion of the construction project, which is scheduled to enter service this September. The new center, to be operated by Korean Air, is expected to reduce transshipment times and costs, and can be used alternately as a vaccine … [Read more...] about Incheon Airport to open ‘cool cargo center’ this year
Intra-Asia trade
Ready to bloom
Two years ago, at a roundtable session on intra-Asia trade at the Payload Asia Conference, Mark Whitehead, chief executive of Hong Kong Air Cargo Terminals Ltd (Hactl) said the 4.4 billion people in Asia would drive the market in the next few years. His calculation was simple: 1.4 billion from China, 1.3 billion from India and 600,000 from the ASEAN nations (Association of Southeast Asian Nations). Since then, the figures have changed and the numbers have grown. The … [Read more...] about Ready to bloom