Sector
Aviation
CHINA'S AIR CARGO TRANSPORT REBOUNDS TO NEAR PRE-COVID LEVEL
21 February 2022China's air cargo transport rebounded to near pre-pandemic levels in January according to state media. Citing Civil Aviation Administration of China (CAAC) data, Xinhua said Chinese airlines saw the volume of cargo and mail transported by air at app...
AIR CANADA CARGO REPORTS RECORD REVENUES FOR 2021
18 February 2022Air Canada Cargo reported record revenues last year as it gears for further growth with expansion in its footprint and more investments into cold chain. The carrier saw freight revenues of nearly C$1.5 billion (US$1.17 billion) in 2021, compared...
KUEHNE+NAGEL ENTERS STRIKES DEAL WITH ATLAS AIR FOR 747-8 FREIGHTERS
18 February 2022Kuehne+Nagel announced that it entered into a long term dedicated charter agreement with Atlas Air, Inc. to operate two Boeing 747-8F. In a statement, the freight forwarder said these two aircraft are the very last two Boeing 747s ever to be prod...
KOREAN AIR TO COMMENCE USE OF SAF ON SEOUL-PARIS SERVICE
18 February 2022Korean Air announced its plans to commence the use of sustainable aviation fuel (SAF) on scheduled Seoul Incheon-Paris CDG service, making it the first South Korean airline to utilise SAF on a regular international service.
HONG KONG REPORTS DROP IN JANUARY CARGO THROUGHPUT
18 February 2022Hong Kong International Airport (HKIA) — one of the world's busiest cargo hubs — saw cargo volumes drop in January due to flight reductions from the hub at the start of the year. This comes as the Hong Kong government also that time announced tig...
ATLAS AIR SIGNS CHARTER DEAL WITH KUEHNE+NAGEL
17 February 2022Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. has announced that it has entered into a long-term, dedicated charter agreement to operate two of its new incoming Boeing 747-8 freighters on a global basis for Kuehne+Nagel. Atl...
LUFTHANSA CARGO NOW ONLY FLIES WITH ELECTRONIC AIR WAYBILLS
17 February 2022Lufthansa Cargo announced that it will now only fly with electronic air waybills as it ramps up its digitization efforts. The freight carrier said in 2020, IATA announced an industry goal to achieve 100% eAWB by the end of 2022, meaning that all...
SINGAPORE AIRLINES CARGO TAPS CARGO.ONE FOR DIGITAL CARGO SALES
17 February 2022Singapore Airlines Cargo and cargo.one have announced a global partnership to bring the airline's cargo services to the real-time digital booking platform and boost sales. By partnering with cargo.one, Singapore Airlines Cargo will gain access to...
ONTARIO AIRPORT SIGNALS OPTIMISM FOR AIR FREIGHT GROWTH
17 February 2022Ontario International Airport (ONT) saw its cargo volumes increase double digits in January compared to the levels seen pre-Covid and the hub expects its freight business to further expand.
CHINA TO ESTABLISH MORE CROSS-BORDER E-COMMERCE PILOT ZONES
17 February 2022China has approved a plan to set up cross-border e-commerce comprehensive pilot zones in 27 cities and regions. China's State Council said the 27 cities and regions include Erdos, Yangzhou, Zhenjiang and Taizhou. "Upholding the new developmen...
Cathay Pacific has released its traffic figures for January that continued to reflect the airline's "substantial capacity reductions" in response to significantly reduced demand as well as travel restrictions and quarantine requirements in place in H...
WFS EXTENDS US CARGO HANDLING DEAL WITH TURKISH AIRLINES
16 February 2022Worldwide Flight Services (WFS) has extended its cargo handling partnership with Turkish Airlines at Dallas/Fort Worth International and Houston (Houston George Bush Intercontinental) airports. The ground handler expects to handle around 31,000 t...
SINGAPORE AIRLINES FINALISES PURCHASE OF SEVEN A350FS TO BOOST CARGO
16 February 2022Singapore Airlines (SIA) has finalised a purchase agreement with Airbus for seven A350F freighter aircraft. The European airplane maker said the order firms up the carrier's commitment to the new generation freighter announced by the plane maker...
BOEING REACHES RECORD US$2B IN E-COMMERCE SALES
15 February 2022Boeing said it achieved an annual "record" for e-commerce parts sales last year with more than US$2 billion in online orders. In a statement, the American planemaker said this was fueled by investment in digital tools, Boeing Distribution Inc. (...