Starting July of this year, freight forwarders will have access to Singapore Airlines’ cargo capacity using the cargo.one marketplace. SIA said the partnership with cargo.one is a further step in applying digital innovation to deliver the ‘best possible digital experience for its cargo customers.’ The partnership will also provide cargo.one users with additional access to other Asian destinations such as Singapore, Bangkok, Shanghai, and Manila. The airline decided to partner with … [Read more...] about cargo.one expands in Asia Pacific with SIA partnership
Singapore Airlines Cargo
Singapore Airlines Cargo embraces change
Along with other stakeholders of the air cargo industry and its supply chain, Singapore Airlines Cargo, a wholly owned subsidiary of Singapore Airlines, started the year off on a positive note. Achieving important milestones, the carrier has seen healthy growth, despite the unexpected loss from 2016 fourth-quarter. Payload Asia has the story. The beginning of 2017 saw Singapore Airlines (SIA) Cargo reaching important milestones, as well as making moves planned to improve efficiency … [Read more...] about Singapore Airlines Cargo embraces change
Changi Airport Group launches [email protected] initiative
Changi Airport Group (CAG) announced that it has formalised the [email protected] initiative, together with its partners from the air cargo supply chain. This new community will work towards the continuous strengthening of Changi’s capabilities to handle pharmaceutical air cargo. Together with CAG, the partner companies who signed the Memorandum of Understanding (MOU) are Bollore Logistics, CEVA logistics Singapore, DHL Global Forwarding, dnata Singapore, Expeditors Singapore, Global … [Read more...] about Changi Airport Group launches [email protected] initiative
WFS wins Singapore Airlines Cargo business in Stockholm
Worldwide Flight Services (WFS) has won a three-year contract to handle cargo for Singapore Airlines new services from Stockholm. At the end of May, the airline launched five Airbus A350-900 flights a week connecting Singapore and Stockholm via Moscow. Services from Stockholm Arlanda Airport operate every Monday, Tuesday, Thursday, Friday and Saturday. With cargo capacity on the route shared with Moscow, WFS in Stockholm expects to handle 3,000-4,000 tonnes a year for … [Read more...] about WFS wins Singapore Airlines Cargo business in Stockholm
SQ Cargo sees widening loss on plummeting yields
Singapore Airlines (SIA) Cargo has seen revenues fall and operating losses deepen on the back of a double-digit yield decline. During its financial first quarter ending 30 June, SIA Cargo saw revenues decline by S$60 million (US$44.8 million), while its operating result slipped to a loss of $34 million compared with S$9.0 million loss a year earlier. The carrier cited a yield decline of 17.4 per cent as being behind the deepening loss, which came despite a $35 million reduction in operating … [Read more...] about SQ Cargo sees widening loss on plummeting yields
Singapore Airlines Cargo sees slight gains in May
Overall cargo load factor (CLF) for SIA Cargo was 0.7 percentage points higher in the month of May, year-on-year, with growth in cargo traffic (measured in freight-tonne-kilometres) of 4.7 per cent exceeding overall capacity increase of 3.6 per cent. East Asia, Americas and Europe regions showed improvement in load factor with demand outpacing capacity changes. … [Read more...] about Singapore Airlines Cargo sees slight gains in May