Hong Kong International Airport (HKIA) handled 2.1 million tonnes of cargo for the first half of 2015, up 0.6 per cent from the same period last year. Throughput for the first half of the year was affected by a drop in exports but is expected to consolidate for the rest of the year, the Hong Kong Airport Authority said. On a rolling 12-month basis, the airport handled 4.4 million tonnes of cargo, up 3.2 per cent from the previous 12 months. The airport handled 349,000 tonnes of cargo from … [Read more...] about Hong Kong sees flat cargo traffic in first half
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Expansion of Cambodia’s main airports by 2016
The staggering growth of passenger and cargo air traffic will require more capacity building and human resource development in specialised areas, Deputy Prime Minister Sok An told a regional joint civil aviation committee from Cambodia, Laos and Vietnam on Monday, according to the Khmer Times. “Air transport has played a critically important role in the world’s economic activities, and it remains one of the fastest growing industries of our time,” he said. “All countries increasingly depend … [Read more...] about Expansion of Cambodia’s main airports by 2016
Heathrow cargo volumes up 2.1% in first half
Heathrow Airport saw a 2.1 per cent year-on-year rise in cargo volumes to 741,847 tonnes in the first half of the year, driven by increases in cargo from emerging markets. Since July 2014, Heathrow has processed 1.5 million tonnes, a year-on-year uplift of 4.3 per cent. Over the past year volumes rose by 44 per cent to Mexico, 24.4 per cent to Turkey, 19.7 per cent to Brazil, 11.5 per cent to India, 6.9 per cent to North America and 2.8 per cent to China. … [Read more...] about Heathrow cargo volumes up 2.1% in first half
NZ$1 million ‘lost’ at HKIA under Cathay’s care
Cathay Pacific’s procedures at Hong Kong International Airport have come under scrutiny after after one of 13 bags containing NZ$1 million (US$660,235) went missing during transfer from an aircraft to the cargo terminal. The incident happened on Friday night when a luggage box labeled ‘G4S International’ – a UK security firm – carrying 13 cash bags with about NZ$10 million was bound for the Bank of China. The money was reportedly transferred to the Cathay Pacific Cargo Terminal from the … [Read more...] about NZ$1 million ‘lost’ at HKIA under Cathay’s care
Is traditional freight forwarding model obsolete?
A combination of the erratic global air and sea freight markets, a growing shift in geographic focus towards the regional and the application of advanced technology and data analysis to the market is bringing the fate of the traditional freight forwarding model into question, according to a new report from Transport Intelligence (Ti). Ti’s annual Global Freight Forwarding 2015 report notes that capacity excesses and declining rates describes a tumultuous sea freight market, while air freight … [Read more...] about Is traditional freight forwarding model obsolete?
Struggling Kenya Airways enlists Seabury
Kenya Airways chief executive officer Mbuvi Ngunze has revealed that the struggling East African carrier has hired Seabury Consulting, an advisory firm specialising in airline strategy development and turnarounds, to help revamp its operations. Speaking at a press conference in Nairobi last week, Ngunze said that since the beginning of the year, Seabury specialists had been analysing Kenya Airways’ sales, ticketing, and network planning functions with a view to bringing them into line with … [Read more...] about Struggling Kenya Airways enlists Seabury