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July 2010

Payload Asia Issue Cover

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Air Cargo Carriers

TIACA warns UK against new flight fee

-30 Jun 2010

The International Air Cargo Association (TIACA) has warned that a rumored move by the UK government to replace the existing Airline Passenger Duty with a new per-aircraft flight fee would result in higher taxation across the air cargo supply chain, increased costs for manufacturers ...

Private investors buy CAL Cargo Air Lines

-30 Jun 2010

A group of private investors have signed a recent agreement to buy the controlling interest in CAL Cargo Air Lines for NIS38 million (US$9.9 million). CAL is a cargo airline based in Tel Aviv, Israel and operates scheduled cargo flights carrying perishable goods and general cargo ...

China pushes for air cargo carrier merger

-26 May 2010

China's central government has intensified its pressure on Air China, China Eastern Airlines and China Southern Airlines to merge their cargo operations to compete with foreign carriers who dominate the market, the South China Morning Post reported, citing sources close to the ...

Swire, Cathay sell stakes in HACTL

-26 May 2010

Swire Pacific Limited and its Cathay Pacific Airways subsidiary have announced an agreement to sell their entire interests, 19.998 and 10 per cent respectively, in Hong Kong Air Cargo Terminals Limited (HACTL) and HACTL Investment Holdings Limited (HIHL). The interests in HACTL ...

Canada to screen cargo in passenger bellies

-26 May 2010

In a move mirroring steps already well underway in the US, the Canadian government has announced a C$96 million (US$88.8 million) plan aimed at improving the security of Canadian air cargo, citing the potential for terrorist attacks within the commercial cargo system. The new ...

Singapore Airlines' Q4 net profit up six-fold

-26 May 2010

Singapore Airlines (SIA) has said its fourth quarter net profit soared more than six-fold as the global economic rebound boosted travel and cargo demand. Net profit in the three months to March was S$278 million (US$197.5 million), up from $42 million in the same quarter the year ...

BAWC gets 4Q boost and full-year profit

-26 May 2010

British Airways World Cargo (BAWC) has reported commercial revenue (flown revenue plus fuel surcharges) of £550.3 million (US$790 million) for the full year beginning April 2009. This represents a decrease of 18.2 per cent against the same period last year. Excluding the impact ...

Emirates, DHL form security partnership

-26 May 2010

Emirates and DHL have signed a Memorandum of Understanding (MOU) to establish a strategic security partnership to enhance air cargo security in the region. Through this partnership, Emirates Group Security and DHL Express will strengthen their collaboration in air cargo security, ...

Positive revenue growth for US carriers

-26 May 2010

The Air Transport Association of America (ATA) reported that passenger revenue, based on a sample group of carriers, rose 12.5 per cent in April 2010 versus the same month in 2009, marking the fourth consecutive month of revenue growth. “The April jump in passenger revenue is ...

Asia-Pac sees continued cargo growth

-21 May 2010

More confirmation of the sustained recovery in the global air cargo market came today courtesy of the the Association of Asia Pacific Airlines (AAPA) with statistics showing that both air cargo and passenger markets continued to show further improvement in April despite a week ...

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