David Harris

HNA Group to consolidate under Hainan Airlines

According to a report on ch-aviation, Chinese conglomerate HNA Group will gradually shift ownership of four of its airline subsidiaries to Hainan Airlines, which is also a subsidiary. As a first step in a plan to improve profitability and decrease internal competition among its airlines, HNA will transfer managerial control of Hong Kong Airlines, Tianjin […]

Air France-KLM, China Southern enter ‘phase one’

Following the pattern of ad hoc cargo partnerships rather than large – and largely unproductive – alliances, Air France-KLM entered an agreement with Guangzhou-based China Southern Airlines. The deal will give AF-KLM access to China Southern’s Asia Pacific network (particularly Australia, New Zealand, and Vietnam), while China Southern can take advantage of AF-KLM’s strong trans-Atlantic […]

Strong Express performance drives FedEx gains

FedEx reported net income up 6.0 percent year-over-year in its fiscal first quarter, to $692 million, as total revenue rose 5.1 percent to $12.28 million. Operating income for the quarter rose 7.7 percent to $1.14 billion. However, adjusting for a one-time gain of $64 million in the first quarter of fiscal year 2015, the result […]

Alibaba and Cainiao: Tomorrow, the world!

Move over, Amazon. Out of the way, FedEx and UPS. Alibaba is coming to your home town. Over the last few years, we have posted occasionally about the impact of e-commerce on the air freight and express industry. Today we embark on a three-part look at Alibaba, the world’s biggest e-commerce company, and the way […]

LATAM looks to the future after lean years

In 2009, the picture looked rosy for both Chile’s LAN Airlines and Brazil’s TAM Lineas Aéreas. LAN hadn’t had a loss since the second quarter of 2002 and was one of the few carriers to have an investment-grade rating. TAM, while not quite at the same financial level as LAN, was the largest airline in […]

A giant step for SF Express

Draw a line on a map of China, from Beijing in the north all the way south to the Pearl River Delta, home of Hong Kong, Guanzhou and Shenzen. Our sister publication Cargo Facts has the scoop on a first for China.

Done Deal: FedEx orders 50 767 freighters

FedEx yesterday confirmed it had placed a firm order with Boeing for fifty 767-300Fs, plus an option for 50 more. Our sister publication, Cargo Facts, which reported last week that the order was imminent, discusses the details behind this long-awaited mega-deal.

Alibaba creates a Russian subsidiary

According to a report in the Russian financial newspaper Kommersant, Chinese e-commerce giant Alibaba has set up and registered a subsidiary company in Russia. Mark Zavadsky, who will run the new company, said its aim was “to further expand our business and support our partners, and also to facilitate cooperation with the Russian authorities.” Zavadsky […]

Mixed messages in May

With the impact of the US West Coast ocean port crisis effectively over, May cargo statistics from the world’s major carriers and airports ought to provide a much clearer picture of the underlying trends in air freight demand for this year.

Drones? Maybe not quite yet

With the considerable recent interest expressed in the use of drones by express companies (to say nothing of Amazon and Alibaba), we thought you might be interested in this short YouTube video, which shows that there are still a few problems to be ironed out.

Expeditors goes from strength to strength

The phrase “I have no weaknesses, I have only varying degrees of strength” may have originated as a joke, but the concept certainly applies to US-based forwarder Expeditors International, which reported first-quarter 2015 net income up 27.3% y-o-y to $107 million.
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