From Asia-Pacific carriers to AAC3 – it’s all here!
In this issue of Payload Asia we are pleased to bring you a jam-packed issue which includes a fascinating look into the cargo businesses of two Asia-Pacific airlines, both of which fly somewhat 'under the radar' yet clearly punching above their weight.
February 1, 2015
In this issue of Payload Asia we are pleased to bring you a jam-packed issue which includes a fascinating look into the cargo businesses of two Asia-Pacific airlines, both of which fly somewhat ‘under the radar’ yet clearly punching above their weight. The first is Hawaiian Airlines Cargo which continues its flush growth track as it taps the island’s unique position geographically, sitting as it does half-way between North America and Asia and happily sees its belly cargo capacity grow through measured expansion on the passenger side.
The other – Hong Kong Airlines Cargo (part of the dynamic and rapidly growing Hainan Airlines Group) – may not be well-known outside the region, but with steady growth and a reasonable contingent of regional-sized A330 freighters, this carrier will certainly be one to watch. And its passenger arm is no slouch either, having a Skytrax four-star rating. The cargo division’s ambitions (already well underway) to connect Japan, China and Southeast Asia via its Hong Kong hub is a strategy that reflects the nascent, yet discernible formation of a true intra-Asia trade lane.
That Hong Kong Airlines along with only a small handful of other clever carriers – ANA Cargo comes to mind straight away – have well-positioned themselves for the significant growth that is expected within this dynamic region deserve credit for their strategic thinking. Others in the region have moved, albeit slightly more belatedly, to also shift focus closer to home on the vast potential of the intra-Asia trade, partly driven by rationalisation and restructuring of their networks, such as Thai Airways and Malaysia Airlines. Garuda too has its eye on the regional trade, but the depressed global cargo market has seen the carrier wisely put its freighter ambitions on pause until visibility returns to the industry.