Bloomberg Intelligence predicts belly capacity from passenger air fleets won’t return to pre-pandemic levels before 2022. Bloomberg says under normal circumstances, about 60 percent of global air cargo is flown in the belly hold of passenger flights. But with jets parked in deserts waiting out the pandemic, cargo volumes are down this year, whilst air freight costs have soared, with rates on the Hong Kong-North America route up 70 percent from early January. According to Qantas, the May … [Read more...] about Asia’s airlines get creative to make space for cargo
Korean Air
Korean Air to launch iCargo System
IBS Software (IBS), the IT solutions specialist for aviation industry, has inked a 7-year contract with Korean Air, a leading airline in the air cargo industry, to manage the airline’s cargo system. Under the contract, IBS will implement its award winning cargo management solution, iCargo, to manage the end-to-end cargo business functions of Korean Air. With the implementation, Korean Air will migrate from its existing legacy core system and a multitude of satellite systems, to a … [Read more...] about Korean Air to launch iCargo System
Delta and Korean Air leading trans-Pacific jv
Delta Air Lines and Korean Air have reached an agreement to create a leading trans-Pacific joint venture in both scope and service, offering an enhanced and expanded network, industry-leading products and service and a seamless customer experience between the U.S. and Asia. The agreement, signed today, deepens their historic partnership, which spans nearly two decades. “Together, Delta and Korean Air are building a world-class partnership that will offer more destinations, … [Read more...] about Delta and Korean Air leading trans-Pacific jv
Korean Air volunteer group heads to Tondano, Indonesia
One of Korean Air’s volunteer groups, Sarangnanum – which means to share love – flew to Indonesia to perform its first volunteer activity for 2017. On 23 January 2017, 20 members of the group went to Tondano region in Sulawes, Indonesia, for a week to help the local community. Tondano is a small region located on Sulawesi Island, the 11th biggest island in the world, and approximately 35km away from Manado, the capital city of the North Sulawesi. Most of the residents there rely … [Read more...] about Korean Air volunteer group heads to Tondano, Indonesia
Singapore Airlines pulling out of Brazil
Singapore Airlines will terminate its South American passenger operations from 20 October this year meaning it will no longer offer cargo belly capacity into the Brazilian market. The carrier says its three times weekly Singapore Changi-São Paulo Guarulhos via Barcelona El Prat service has suffered from poor passenger loads in recent months thereby warranting its closure. Brazil’s economy has been mired in recession resulting in a number of carriers slashing services to the country. In … [Read more...] about Singapore Airlines pulling out of Brazil
Korean air announces network changes including a pull-back from Brazil
Korean Air has announced a network realignment in response to what it says is competition in the global aviation market. Commencing December 2016, Korean Air will introduce direct flights to New Delhi, the capital and commercial centre of India. New Delhi is a commercial focus for many Korean and global companies including; Samsung Electronics, LG Electronics, Hyundai Motor, Doosan Heavy Industry, GS Engineering & Construction, Posco, IBM, GE, HP, Google and Yahoo. In addition to … [Read more...] about Korean air announces network changes including a pull-back from Brazil
