• Asia Air Cargo Dives 11 Per cent

    Freight traffic for Asian airlines plunged 11 per cent in October, the steepest decline for the carriers since 2001 and a worrying signal that the downturn is worsening. The decline measured by the Association of Asia Pacific Airlines was...... Read More
  • Vietnam : Vietnam, US open cargo skies a bright spot

    Vietnam and the US have agreed to the terms of an Open Skies agreement that will effectively eliminate restrictions on air cargo routes linking the two countries. The new pact will give air carriers from both countries the go-ahead...... Read More
  • EU Council

    The EU Council has adopted the European Commission directive to include aviation in the EU emissions trading system. The decision was made “without discussion” at the Council meeting of the EU Justice and Home Affairs Ministers, according to a...... Read More
  • Schenker adds HK to paper-free target

    Schenker Australia has added Hong Kong to destinations using paper-free airfreight shipments from Australia. Last month the company successfully completed first trial shipments with electronic freight documentation on the routes Sydney-Singapore-Sydney with Singapore Airlines and Sydney-Hong Kong-Sydney with Qantas....... Read More
  • Insurance alternative to bank guarantees: The Thai experience

    Beginning of the year 2001, IATA raised concerns over the aggregated sales volume generated in a period of 30 days by agents far exceeding the current financial collateral at the time. As a result IATA proposed to increase amount...... Read More
  • Middle East : Bisignani: MENA carriers face

    IATA DG and CEO Giovanni Bisignani warned Middle East and North African (MENA) carriers that they are not immune to the current industry crisis and urged them to focus on efficiency, safety and expanding commercial freedoms. Speaking at the...... Read More
  • Sri Lanka: SriLankan takes measures to cut fuel usage

    SriLankan Airlines said it is focusing on sharply reducing its fuel usage to counter the challenge posed by high global oil prices. A series of fuel-saving measures has already been implemented, while more will be put in place within...... Read More
  • Singapore: IATA points to drop in air cargo traffic

    Figures published recently by the International Air Transport Association (IATA) show a continued slowing of demand for air transport. Cargo traffic contracted by 1.9 per cent in July compared with the same month last year, while passenger demand growth...... Read More