Airports

Cathay moves forward on layoffs as economy slows

Cathay moves forward on layoffs as economy slows

January 20, 2017 at 6:55 pm 0 comments

The recent turbulence at Cathay Pacific may have implications for airfreight, as Asia’s biggest cargo carrier announces layoffs and cost-cutting actions to accommodate what it’s CEO, Ivan Chu, termed the “new normal.” Following a meeting of the carrier’s leadership, the Hong Kong-based carrier made an announcement that, “some jobs willRead More

Luxembourg Airport cargo volumes rise 8.2 percent in 2016

Luxembourg Airport cargo volumes rise 8.2 percent in 2016

January 20, 2017 at 6:44 pm 0 comments

Luxembourg Airport announced that its cargo volume was up 8.2 percent, compared to last year, reaching 821,000 tonnes in 2016. The growth rate was almost double that of last year’s and well ahead of IATA’s November year-to-date numbers for 2016 – a 3.2 percent rise in global freight-ton-kilometers (FTKs). TheRead More

Hactl closes out a strong 2016 after bumper November numbers

Hactl closes out a strong 2016 after bumper November numbers

January 19, 2017 at 6:35 pm 0 comments

Hong Kong Air Cargo Terminals Ltd. (Hactl) finished 2016 in good form, increasing 2015 tonnage by 1.7 percent to more than 1.65 million tonnes, and setting new terminal and ramp handling records. Transshipments recorded the highest growth, at 29.6 percent, year-over-year, growth. Mail, courier and express traffic rose 8.4 percent,Read More

SF Express moves ahead with China air cargo hub

SF Express moves ahead with China air cargo hub

January 18, 2017 at 6:33 pm 0 comments

Shenzhen-based carrier SF Express is moving forward with its plans to build one of the world’s biggest air-cargo hubs in Ezhou City, an inland city less than two hours by air from 80 percent of China’s economic activity. A unit of SF Express – SF Airport Investment – and ChinaRead More

Hong Kong International closes out 2016 on a high note

Hong Kong International closes out 2016 on a high note

January 17, 2017 at 6:37 pm 0 comments

Cargo throughput at Hong Kong International Airport (HKIA) – already the top cargo airport in the world, in terms of tonnage – added to its lead with a 3.2 percent increase, compared to 2015, to 4.52 million tonnes in 2016. Over the year, HKIA also handled 411,530 flight movements, representingRead More

MyCargo 747-400 freighter crashes in Kyrgyzstan, killing 37

MyCargo 747-400 freighter crashes in Kyrgyzstan, killing 37

January 16, 2017 at 6:51 pm 0 comments

A 747-400 freighter aircraft, flown by Turkish carrier MyCargo Airlines on behalf of Turkish Airlines, crashed early this morning just short of the runway at Manas International Airport (FRU) in Bishkek, Kyrgyzstan, killing all four crew members aboard and 33 people on the ground. Flight TK-6491 was in the middleRead More

AirBridgeCargo becomes largest all-cargo carrier at Schiphol

AirBridgeCargo becomes largest all-cargo carrier at Schiphol

January 13, 2017 at 6:59 pm 0 comments

AirBridgeCargo Airlines’ 1,000-plus 747 freighter flights into Amsterdam Schiphol and Frankfurt airports made the all-cargo carrier Schiphol’s largest all-cargo customer, and second only to KLM in terms of total cargo volumes for the year. It is also the second biggest cargo carrier in Frankfurt. The announcement mirrors Schiphol’s own newsRead More

Schiphol handles record cargo volumes in 2016

Schiphol handles record cargo volumes in 2016

January 13, 2017 at 6:43 pm 0 comments

As the year-end data starts to flow, Amsterdam’s Schiphol Airport joins a list of cargo handlers and carriers that saw their volumes surge back into profitability in 2016, after a lean start to the year. With a throughput of 1.66 million tonnes, up 2.5 percent over 2015, Schiphol set aRead More