Cainiao turned 10 this year and has evolved from plugging existing gaps in the industry using proprietary technologies, to one that prioritizes customer-centricity. At the company’s recent global summit in June, the company pledged a new benchmark global delivery service, one that will take five working days across the smart logistics network that it is progressively building. The move is rightfully so given the influence of online shopping and e-commerce on logistics players and the need to … [Read more...] about Cainiao’s 10th year: Mastering e-commerce logistics
transpacific air freight
Cargo weighs on Korean Air in Q2
In its tentative non-consolidated results, Korean Air achieved a revenue of KRW 3.5354 trillion (US$2.693 billion) in its second fiscal quarter, up 6 percent year-on-year, following strong recovery of travel demand. Due to rising operation costs and airport fees, the airline posted a moderate operating profit of KRW 468 billion (US$ 356.5 million), down 36 percent compared to the same quarter last year. In the second quarter, the airline’s passenger business revenue soared 154 … [Read more...] about Cargo weighs on Korean Air in Q2
Dronamics elects general manager for Australia
Cargo drone developer Dronamics is making preparations to strengthen its presence in the Asia Pacific as it appointed Gavin Gomes as general manager for Australia and as member of the senior management team, effective 1 August. Gavin's track record spans several sectors including startups, private companies, listed entities, and global multinationals like Canon, Australia Post, Telstra, and IBM. A certified pilot, he also serves as a non-executive director of Royal Victorian Aero Club and CM … [Read more...] about Dronamics elects general manager for Australia
Air NZ’s ‘Mission Next Gen Aircraft’ calls for airports
Air New Zealand is looking for two airports to further support its efforts towards decarbonisation and has opened an expression of interest, as part of selecting a route to fly its commercial demonstrator aircraft from 2026. The move is part of the airline's ‘Mission Next Gen Aircraft’ launched in December last year, where the carrier announced partnerships with Eviation, Beta, VoltAero and Cranfield Aerospace with plans to launch the first-zero emissions demonstrator flight by … [Read more...] about Air NZ’s ‘Mission Next Gen Aircraft’ calls for airports
Challenge Group shares ode to Liège air hub
Challenge Group’s hub at Liège Airport has experienced remarkable growth trajectory, expanding from a modest 7,500 square metres to an impressive 42,000 square metres over the past five years. The group tonnage handled at the hub has also witnessed an unprecedented increase, from 78,000 in 2012 to 282,000 tonnes in 2022. Challenge Handling has three state-of-the-art sites in Liège. With an annual capacity for 425,000 tonnes, Challenge Group remains committed to delivering exceptional services to … [Read more...] about Challenge Group shares ode to Liège air hub
IAG Cargo’s tonnage up in H1 as rates slide
IAG Cargo, the cargo division of International Airlines Group (IAG) has released its financial results for the first half of 2023, reporting revenues of €603 million, or around US$660 million. This represents an 8.5 percent jump compared to the same period before the pandemic in 2019 but a 28.5 percent dive year-on-year. Yields for the first half were down from the same period last year, tonnage was up 6.5 percent and 15.3 percent lower in comparison to H1 2019. IAG … [Read more...] about IAG Cargo’s tonnage up in H1 as rates slide
