Traffic

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

No Lufthansa buyout, but Etihad bearish on code shares

No Lufthansa buyout, but Etihad bearish on code shares

January 19, 2017 at 6:33 pm 0 comments

Like a celebrity mismatch, the rumored Lufthansa-Etihad merger flooding news feeds was bound to disappoint, and now Reuters reports that “a financial stake is out of the question at the moment,” citing a source close to the plans. But given the move towards code sharing, and the Gulf-carrier’s proclivity towardsRead More

China-UK railroad corridor spells trouble for airfreight

China-UK railroad corridor spells trouble for airfreight

January 18, 2017 at 6:59 pm 0 comments

The first container train from China reached the U.K. today, arriving at the London Eurohub in Barking. Completed in 18 days, the rail transit connection threatens to disrupt China-Europe supply chains, with airfreight appearing especially vulnerable. The 10,000- to 12,000-kilometer transit takes 12 to 18 days, depending on the routeRead More

Major China Airlines-JAL codeshare to include cargo

Major China Airlines-JAL codeshare to include cargo

January 10, 2017 at 6:53 pm 0 comments

China Airlines and Japan Airlines (JAL) will expand extant code-sharing to cover all routes operated by both airlines between Japan and Taiwan, starting the second half of February 2017. The memorandum of understanding (MOU) said the agreement will be a “strategic cooperation on cargo and passenger services.” The number ofRead More

Alibaba-Maersk tie up opens new frontier in e-commerce wars

Alibaba-Maersk tie up opens new frontier in e-commerce wars

January 5, 2017 at 6:57 pm 0 comments

Amazon’s got its Prime Air, but Alibaba just raised the stakes with the announcement of a partnership with Maersk Line that enables customers to reserve space on its ocean vessels online. In addition to cutting out freight forwarding middlemen and opening pathways to global markets, the move is being seenRead More

WorldACD: November 2016 sees strongest volume growth since 2009

WorldACD: November 2016 sees strongest volume growth since 2009

January 5, 2017 at 6:27 pm 0 comments

Finally, it looks like we’ve seen a peak season worth remembering. Right on the heels of Wednesday’s positive report on November 2016 air cargo growth from the Association of Asia-Pacific Airlines, Dutch market research firm WorldACD released similarly strong monthly results, calling the most recent peak season the most robustRead More

Drewry: November air cargo rates at a two-year high

Drewry: November air cargo rates at a two-year high

December 22, 2016 at 6:59 pm 0 comments

The Drewry November East-West Air Freight Price Index puts air cargo rates at a two-year high – US$3.35 per kilogram, to be exact – and a 6 percent rise over October’s figures. The seasonally appropriate rates are a fitting end to the lean years, which limped into the onset ofRead More