Cathay CEO and chief customer & commercial officer resign

Cathay Pacific’s chief executive officer, Rupert Hogg, and chief customer and commercial officer, Paul Loo, have both resigned on the back of the airline’s involvement in recent events in Hong Kong. Augustus Tang has been appointed the new CEO while Ronald Lam will be the new chief customer and commercial officer, effective from next Monday. […]
  • Jeff Lee
  • August 16, 2019

LATAM sees dip in Q2 cargo traffic, revenue

LATAM Airlines’ cargo traffic declined 2.9% y-o-y during the second quarter to 849 million freight tonne kilometers (FTKs), leading to a 10.2% y-o-y decline in cargo revenue to US$269.3 million, the company said today during its earnings call. LATAM said that these figures were particularly impacted by the sale of the company’s former subsidiary MasAir in the second half of […]
  • Chelsea Toczauer
  • August 14, 2019

HKG begins recovery of full flight operations

Hong Kong International Airport (HKG) today began the rescheduling and recovery of its flight operations, as protesters released a statement apologizing for the disruption that they had caused over the last two days. Late last night, the airport authority obtained an injunction against the unlawful and willful obstruction of or interference with the proper use […]
  • Jeff Lee
  • August 14, 2019

time:matters expands network with 3 new Asia locations

Today, Lufthansa Cargo’s time-critical logistics subsidiary time:matters announced the expansion of its Sameday Air network for urgent shipments in Asia to include three new locations in Tokyo (NRT), Bangkok (BKK) and Singapore (SIN).   Flights to these three destinations will connect to the company’s locations in Europe, Israel, the U.S. and Mexico through 21 Sameday Air partner airlines.  According to time:matters, urgently required shipments at Asian […]
  • Chelsea Toczauer
  • August 14, 2019

Flights canceled for second day in a row at HKG, but minimal impact on freighters

HONG KONG – Hong Kong International Airport (HKG) announced the suspension of all check-in processes at around 4:30 p.m. local time this afternoon after protesters occupied much of the passenger terminal, resulting in the cancellation of a large number of flights scheduled to depart in the evening. However, the scale of the cancellations was nowhere […]
  • Jeff Lee
  • August 13, 2019

HKG freighter flights mostly unaffected by ground stop

HONG KONG – Freighter flights have continued to depart and arrive at HKG as usual, despite a flight stoppage ordered by Hong Kong’s airport authority today. However, cargo was booked to fly on many of the canceled passenger flights, and so shipments moving in the belly hold will likely encounter delays in the days to […]
  • Jeff Lee
  • August 12, 2019

More than strikes, CAAC warning could deal direct blow to Cathay Pacific Cargo

HONG KONG – The Civil Aviation Administration of China (CAAC) has just issued what it called a “severe safety warning” to Hong Kong-based Cathay Pacific in response to what it perceived as “safety risks recently exposed” by the airline. If enforced, the warning could impact not only flights connecting mainland China, but potentially Cathay flights […]
  • Jeff Lee
  • August 9, 2019

Cathay Pacific Group’s cargo revenue, traffic, volumes decline during H1

In its interim results for 2019, Hong Kong-based Cathay Pacific Group reported that cargo revenue and volumes declined year-over-year during the first half of 2019 for Cathay Pacific and Cathay Dragon. The company said its cargo declines reflect “weaker global trade brought about in part by U.S.-China trade tensions.” Cargo revenue for the first half […]
  • Caryn Livingston
  • August 7, 2019

Airfreight demand languishes in IATA June report 

The International Air Transport Association (IATA) released data today indicating that cargo traffic, measured in freight tonne kilometers (FTKs), decreased by 4.8% year-over-year in June. Year-to-date demand is down 3.6% y-o-y. The further decline in traffic from last month suggests the air cargo industry is still in the doldrums as political economic volatility slows worldwide trade.  Freight capacity […]
  • Chelsea Toczauer
  • August 7, 2019

DP-DHL Group’s Q2 operating profit up, despite persistent drop in airfreight volumes 

While Deutsche Post-DHL Group reported an increase in its overall revenue and operating profits for the second quarter of 2019, compared with Q218, the company’s Global Forwarding, Freight (GFF) division saw airfreight volumes decline by 5.8% year-over-year for Q2 to 888,000 tonnes. For the first half of 2019 ending June 30, GFF saw a decrease in volumes by 4.9% compared to the same period the […]
  • Chelsea Toczauer
  • August 6, 2019

Swiss WorldCargo plans new routes for US and Japan

Today, Swiss WorldCargo, the airfreight division of Swiss International Airlines, announced plans to launch nonstop services from Zurich (ZRH) to Osaka (ITM) and Washington D.C. (IAD) utilizing A340-300 and A330-300 aircraft, respectively. The flights are scheduled to begin March 2020.  Swiss WorldCargo will fly the route to ITM five times weekly. The IAD route will be operated daily during the carrier’s […]
  • Chelsea Toczauer
  • August 6, 2019

Hong Kong flight disruptions increase: Airport strike update

Disruptions to flights in and out of Hong Kong worsened on Monday after protesters coordinated strikes to bring the city to a standstill. After dozens of morning cancellations, airport authorities said they would reschedule flights starting from 12 p.m. local time and reduce the volume of arrivals and departures. Pilot and flight-crew unions for Hong […]
  • Bloomberg News
  • August 5, 2019

India’s SpiceXpress launches domestic freighter routes

Yesterday marked the launch of new narrowbody domestic freighter service for SpiceXpress, the cargo division of Indian low-cost carrier SpiceJet. According to an announcement from the company, the daily service will operate between Chennai Airport (MAA), Hyderabad (HYD), Delhi (DEL), Mumbai (BOM) and Bangalore (BLR). SpiceXpress operates two 737-700 converted freighters and has plans to […]
  • Caryn Livingston
  • August 2, 2019

Asia Pacific consumers prefer low costs and flexible shipping, UPS study says

Yesterday, UPS released a study on the habits of online shoppers in the Asia Pacific. Some of the key findings guiding habits, the study found, were delivery cost, flexibility and service quality.  The study finds that high delivery costs are the number one reason that consumers may abandon their online shopping cart. 39% of consumers surveyed opt not to […]
  • Brianne Ledda
  • August 2, 2019
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