Indian domestic air cargo traffic has halted its sharp decline, with March figures showing a decline of only 2.4 per cent compared to nearly an 11 per cent drop in February, according to the Airports Authority of India (AAI). Overall, total freight traffic - international and domestic - handled at all Indian airports decreased by 4.5 per cent in March 2009 compared to the same month a year earlier. International freight traffic registered a decrease of 5.5 per cent during March. … [Read more...] about India's air cargo free-fall bottoms out
Airports
Cargo drop stabilised but Swine flu new threat
A stabilisation of global inventory levels has helped stabilise air freight demand and halted the freefall according to the International Air Transport Association (IATA) as it warned that concerns over a swine flu pandemic could have a significant impact on air traffic. IATA's latest statistics show that air cargo demand has "moved sideways" in the -21 to -24 per cent range since its plunge from -7.9 to -23.2 per cent between October last year and January 2009. Freight demand in March was … [Read more...] about Cargo drop stabilised but Swine flu new threat
Cargo and pax numbers up in Abu Dhabi
Abu Dhabi Airports Company (ADAC) says March traffic figures for Abu Dhabi International Airport show a modest, but non-the-less positive rise in cargo movements, up two per cent. Mail volumes increased by a massive 39.9 per cent, led by the increase in mail volume to the US and Australia, the ADAC said. The figures also show an overall passenger increase of 7.9 per cent compared to the same month in the previous year, and a daily average of 24,833 passengers. Aircraft movements also increased … [Read more...] about Cargo and pax numbers up in Abu Dhabi
Asian air cargo declines 22% in March
Air cargo demand remained depressed in March, with the latest figures released by the Association of Asia Pacific Airlines (AAPA) showing a 21.9 per cent decline in international freight tonne kilometres (FTKs) compared with March of last year. The AAPA average international cargo load factor fell by five percentage points to 63.2 per cent. "The air cargo business remains severely depressed as a result of the sharp slowdown in international trade. For the first quarter of the year, AAPA … [Read more...] about Asian air cargo declines 22% in March
TNT opens expanded Regional Hub in Singapore
The expanded S$20 million facility, capable of handling over 300 tonnes of cargo per day, is a key component of the express logistics company's pan-Asian road network and is Singapore's first integrated air and road hub. In late 2005 TNT hit upon the idea of developing a road network connecting China with Southeast Asia, creating what was essentially a small scale version of their extensive European road network. Named the Asia Road Network (ARN), the basic pan-Asian land network linking China … [Read more...] about TNT opens expanded Regional Hub in Singapore
Jade Cargo B747 skids off runway in Seoul
Jade Cargo International has isssued a statement confirming an incident on its cargo flight JI 7432 Frankfurt - Incheon upon landing at Incheon Airport, Seoul. Its Boeing 747-400 Cargo ERF skidded off the runway during landing. The extent of the damage is not currently known but there were no injuries from the incident. Jade Cargo said it was in close cooperation with the local authorities to identify the cause of the incident. … [Read more...] about Jade Cargo B747 skids off runway in Seoul