Asiana Airlines and Continental Airlines have agreed to form a new alliance partnership effective from 15 December of this year. The code share operations between the two airlines will cover five international routes and 13 domestic routes inside the US. Continental Airlines officially withdraw from the SkyTeam Alliance on the 25 October and joined the world’s largest airline alliance, Star Alliance. Along with Asiana’s code share partnership, Continental Airlines said … [Read more...] about SOUTH KOREA: Asiana and Continental join forces
Air & Cargo Services
SOUTH KOREA: S Korean gov’t under fire for Incheon sale plan
The South Korean government reportedly is under fire at home for proposing to sell Incheon International Airport, near Seoul at a price described as “too low†by critics – at an estimated 50 per cent of market value. As part of its plans to advance staterun enterprises, the Lee Myung-bak government is moving to privatise the Incheon hub by putting up for sale 49 per cent of its stake for approximately US$504 million. … [Read more...] about SOUTH KOREA: S Korean gov’t under fire for Incheon sale plan
SOUTH KOREA: Korean Air launches Hanoi service
Korean Air Lines (KAL) Cargo has announced the launch of a scheduled B747-400 freighter service to the Vietnamese capital, Hanoi. The service will operate twice-weekly to Hanoi via Singapore from Seoul Incheon with the return routed direct from Hanoi to Incheon. The carrier pointed to the presence of MNCs like Canon, Nike and Toyota which it said were generating air cargo export traffic through Hanoi ranging from electronics to textiles. … [Read more...] about SOUTH KOREA: Korean Air launches Hanoi service
SOUTH KOREA: Korean pulls out of SkyTeam cargo alliance
Korean Air has terminated its involvement in the SkyTeam joint venture cargo sales alliance that had been formed with SkyTeam partners Delta and Air France. The Asian carrier’s withdrawal effectively ended the joint venture after Delta Cargo decided to pull out late last year. Korean will now sell its cargo capacity in the US and Canadian market through its own offices following a revamp of its sales network creating one western and one eastern division. The SkyTeam joint venture … [Read more...] about SOUTH KOREA: Korean pulls out of SkyTeam cargo alliance
MALAYSIA: Airline execs confidence begins to rise: IATA
Airline executives expect improved results and a rebound in cargo volumes in the coming year, a “turning point†for a sector closely linked to economic trends, a survey released by the International Air Transport Association (IATA) showed. The survey indicated that confidence had grown markedly among major carriers in Asia, Europe and the Americas. “This does look like a turning point,†IATA said of the quarterly business confidence poll. A return to economic … [Read more...] about MALAYSIA: Airline execs confidence begins to rise: IATA
MALAYSIA: Airline bodies warn early recovery still fragile
Government stimulus packages in major Asia-Pacific economies are driving production increases and fueling air cargo growth according to the most recent reports released by The International Air Transport Association (IATA) and Association of Asia-Pacific Airlines (AAPA). The region’s banking system is relatively strong and the region’s consumers are not as burdened by debt as those in Europe and the US, said IATA. But the association’s director general and … [Read more...] about MALAYSIA: Airline bodies warn early recovery still fragile