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Current Issue

February 2010

Payload Asia Issue Cover

Highlights:

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On the wings of a recovering market

 
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Aiding and abetting

 
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Poll

Do you believe carriers who have recently announced unilateral rate increases of anywhere up to 25 per cent will be successful?

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Air Cargo Carriers

Airbus/Boeing upbeat on India potential

-5 Mar 2010

Boeing and Airbus remain upbeat over India’s aviation growth potential, with Airbus upping its 20-year global market forecast for the country, saying India will need 1,032 new aircraft worth US$138 billion by 2028. Airbus’ last forecast released two years back had said ...

IATA: January volumes continue upward trend

-5 Mar 2010

The International Air Transport Association (IATA) has announced that January 2010 demand for international scheduled air traffic showed continuing improvement, with international cargo demand up 28.3 per cent with only a 3.7 per cent increase in capacity. This pushed the cargo ...

China’s cargo figures up 68% in Feb

-5 Mar 2010

Official Chinese figures say China's cargo and mail throughput was 450,726 tonnes in February, up ...

Gopinath initiates price war in India

-5 Mar 2010

Air Deccan founder GR Gopinath is replicating his low-fare model in his new express logistics venture. Taking rival Blue Dart head on, Gopinath has kept tariffs 10-15 per cent lower than the market leader. “We are selling our product on expansion network, besides distributing ...

NYK/JAL negotiations end, JAL may exit cargo

-5 Mar 2010

Nippon Yusen Kabushiki Kaisha (NYK) and Japan Airlines International (JAL) have officially ended negotiations around a possible merger of the cargo businesses of JAL and NYK's subsidiary, Nippon Cargo Airlines (NCA). The negotiations involved the restructuring and the feasibility ...

Transaero launches Moscow-Beijing service

-5 Mar 2010

Transaero Airlines will launch regular twice-weekly flights from Moscow, Domodedovo International Airport to Beijing from 4 June. Flight operations between the Russian and Chinese capitals will utilise Boeing 747-400 aircraft. Transaero has operated regular flights to Hainan’s ...

Lufthansa reports 2009 net loss of US$151 million

-5 Mar 2010

Lufthansa has reported a net loss of US$151 million in 2009, but said it achieved its goal of an operating profit. The loss, which followed a $732 million profit in 2008, was largely the result of sharply lower cargo volumes and a decline in higher paying premium passengers. Operating ...

Cathay and Air China ink air cargo JV

-26 Feb 2010

Cathay Pacific Airways and Air China have set up an air-cargo joint venture in China, according to a joint statement by the carriers on Thursday, finalising an agreement after discussions lasting nearly four years. The joint venture will be 51 per cent owned by Air China and make ...

Lufthansa and Austrian to merge cargo units

-26 Feb 2010

Lufthansa Cargo and Austrian Airlines have agreed to step up cooperation between their two companies in the airfreight sector with a new agreement, that will see their global distribution activities merged and their product portfolios and production processes harmonized. Sales and ...

First B777 freighter for Southern Air

-26 Feb 2010

Wet-lease operator Southern Air Holdings has taken delivery of its first B777 freighter, which will provide capacity under a block-space agreement for Thai Cargo. The second, also for use by Thai, will be delivered on 2 March. CEO Daniel McHugh said: “The addition of these ...

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