HONG KONG: Peak season bonus for charters

An unexpected surge during the traditional peak season has given the Hong Kong office of Air Charter Service reason to cheer in what it described as a “pleasant surprise” as freight volumes moving on charters dramatically increased since early October. Stephen Fernandez, cargo manager ACS Hong Kong, explains: “We started receiving enquiries in the middle […]


An unexpected surge during the traditional peak season has given the Hong Kong office of Air Charter Service reason to cheer in what it described as a “pleasant surprise” as freight volumes moving on charters dramatically increased since early October. Stephen Fernandez, cargo manager ACS Hong Kong, explains: “We started receiving enquiries in the middle of September, but it wasn’t until early October that they started booking the flights and the market really picked up. There was, all of a sudden, a lack of availability on B747s. At first most of the freight travelled trans-Pacific over to the States, and then the European market also saw increased demand”.

“After last year’s distinct lack of peak season in the run-up to Christmas, and the general doom and gloom regarding the economy this year, this boom has come as a refreshing change,” he added. But striking a note of caution, Fernandez noted that this surge may be “a bit of a ‘faux’ peak season,” created by a capacity vacuum due to the idled freighter capacity. “Still, it’s fuelled by demand, which can only be a good thing. How much this resurgent demand is galvanised by fewer aircraft is hard to say though”. Air Charter Service said it was a record year in 2009, both in number of charters, and in revenue.