3 key trends in innovation of cool chain shipping

LOS ANGELES – With about one third of the world’s food going to waste each year at a cost of USD$1 trillion, air cargo hosts a vital role in reducing this amount both for environmental and business purposes. Stakeholders in air cargo estimate that as much as 45% of food shipped along supply chains goes […]

Asia-Pacific carrier traffic declines from 2018, despite move into peak season

Many of the major Asia-Pacific airlines have now reported their results for October 2019 cargo traffic, and annual comparisons are not spectacular. Air cargo demand in October 2019, although lackluster compared to last year, remains higher month-to-month, indicating the presence of a peak season. For many carriers reporting October statistics, the month was the busiest so far, year-to-date. […]

Mixed September results for Asia-Pacific carriers provide hope for peak season

Asia-Pacific carriers mostly reported year-over-year traffic declines for September, but some improvements from results earlier in the year suggest that the lead-up to peak season may indicate better things ahead for the remainder of 2019. Year-over-year comparisons are also becoming less difficult for carriers with the approach to 2020 because the declines that have hampered […]

Hong Kong protests exacerbate continued declines in Cathay’s August traffic 

Today, Cathay Pacific reported overall August cargo traffic down 11.6% year-over-year (y-o-y) to 925,487 freight-tonne kilometers (FTKs), signaling the impact of recent airport disruptions at the carrier’s Hong Kong hub and headwinds related to the trade war that already were driving down traffic for the carrier.   August cargo and mail tonnage at Cathay fell 14% y-o-y to 161,394 tonnes. Meanwhile, the cargo and mail load factor fell by 7.5 percentage points […]

DB and Lufthansa reach settlement over price-fixing saga

The long running air cargo price-fixing cartel edged closer to resolution this week, as Deutsche Bahn and Lufthansa reached an undisclosed settlement for the carrier’s alleged participation in a price-fixing cartel that operated between 1999-2006.   When Deutsche Bahn first filed the claim to German courts in 2013, it sought more than US$1.5 billion in damages from 11 carriers that had been found guilty by the U.S. […]

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. […]

The Freight 50: 2018’s top carriers standing strong in the face of headwinds

Signs of a slowdown in global trade and airfreight demand had already begun to surface last year, and in 2019 have materialized into a challenging global economic environment. This year’s headwinds, however, did not come as a major surprise to the industry, where leaders had warned of the eventual consequences of erecting trade barriers and […]

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 […]

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 […]

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 […]

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 […]

Cathay Pacific develops solution for lithium-ion batteries on freighters

Standalone lithium-ion batteries can once again be carried by Cathay Pacific Cargo on its freighter aircraft, after the carrier developed and introduced a fire-containment bag. Shipments of standalone lithium-ion batteries are a significant driver of freighter traffic, especially given the growth of e-commerce and personal electronic devices. Under a provision adopted by the ICAO Council in February 2016, lithium-ion […]

Amazon launches Anchorage flights 

Amazon Air will begin flights to Anchorage International Airport (ANC) later this week, on June 27. According to a post ANC published on Twitter last week, Amazon Air will operate daily services to the airport utilizing its 767 freighter network.  The e-tailer will operate out of ANC’s Kulis Business Park, south of the airport’s east-west runways, according to the post.  While the move further expands […]

Iran airspace restrictions set to impact major cargo carriers

The current Iran-U.S. military confrontation, which today led the Federal Aviation Administration (FAA) to issue a Notice to Airmen (NOTAM) prohibiting U.S.-registered aircraft from operating over the Persian Gulf and Gulf of Oman, is set to have major cargo implications for European and Asian carriers. Following the FAA notification, the European Organization for the Safety […]
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