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Current Issue

July 2010

Payload Asia Issue Cover

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Leasing & Chartering

Cargo demand continues to recover: IATA

-28 Jul 2010

The International Air Transport Association (IATA) announced international scheduled traffic statistics for June which showed continued strong demand growth as the industry recovers from the impact of the global financial crisis. Compared to June 2009, international scheduled freight ...

China's trade surplus rises in June

-8 Jul 2010

China's trade surplus was US$20 billion in June, the highest level in eight months, Bloomberg reported. The increase came largely thanks to surging exports, which were up 43.9 per cent year-on-year. But customs officials were quick to warn that troubles in the Eurozone had begun ...

Chapman Freeborn does first charter on Qatar B777F

-30 Jun 2010

Chapman Freeborn Airchartering has successfully coordinated the first ever charter on Qatar Airways Cargo's latest addition to their fleet - a new Boeing 777 Freighter that was recently delivered to the Doha-based airline. The global aircraft charter specialist coordinated the ...

China will be biggest manufacturer in 2011

-30 Jun 2010

The US is poised to lose its 110-year run as the world's largest manufacturing nation by output, in 2011 to China, according to IHS Global Insight figures released recently. The US created 19.9 per cent of world manufacturing output last year, compared with 18.6 per cent in China, ...

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 ...

IATA blasts Europe again over volcanic crisis

-21 May 2010

The International Air Transport Association (IATA) called on European governments and air navigation service providers to urgently develop more precise procedures to identify ash contaminated air space and allow more flights. The call came in the wake of 1,000 flight cancellations ...

China's 2010 trade surplus expected to fall sharply

-21 May 2010

Commerce ministry spokesman Yao Jian stated that China's trade surplus will fall steeply as the renminbi rises against foreign currencies, reported state media. Surpluses narrowed in the first quarter of 2010, with China declaring a US$7.24 billion trade deficit in March. China's ...

World Air to operate B747-400F for Cargolux

-21 May 2010

World Airways, a subsidiary of Global Aviation Holdings has signed an agreement with Cargolux to operate one Boeing 747-400 freighter aircraft on a full-time basis beginning October 2010 through June 2011. "World Airways is proud to be a service provider to such an established, ...

ABX parent may expand fleet

-13 May 2010

Wilmington, US-based Air Transport Services Group Inc. (ATSG) has said it may expand its fleet by acquiring three B767-300 aircraft. ATSG is the parent corporation for ABX Air whose biggest customer was DHL Express before the German express and logistics company decided to pull ...

Demand growing faster than expected

-30 Apr 2010

Demand for both international air travel and air freight accelerated in March with the rebound on the back of economic recovery exceeding expectations, the International Air Transport Association (IATA) said this week. IATA said the air traffic recovery would dip in April because ...

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