Sector
Aviation
CHINA AIMS FOR AVIATION SECTOR PROFITABILITY IN 2022
11 January 2022China's aviation sector is seeking to turn over its losses into profits this year with an expected recovery to 85% of its pre-COVID volume of domestic passenger trips, according to the Civil Aviation Administration of China (CAAC).
The International Air Transport Association (IATA) released data for global air cargo markets showing "significantly" slower growth in November last year, dragged by persisting supply chain disruptions both on air and sea.
The Association of Asia Pacific Airlines (AAPA) reported that international air cargo markets remained resilient in November, propelled by the recovery of the manufacturing sector in the region as well as strong year-end export orders.
China Airlines Cargo reported that 2021 was the best year in its 62 year history, with the carrier achieving multiple records that year. In a statement, the cargo carrier said it exceeded TWD100 billion (US$3.6 billion) in cargo revenue for the f...
Hongkong Post announced that all airmail services from the financial hub to France, Monaco and Reunion have been suspended.
Cathay Pacific will be investigated and could face possible legal action as the Hong Kong government looks into the recent Omicron variant outbreak in the financial hub which follows breach of Covid-19 rules involving air crew members of the airline.
DSV is adding more capacity in Asia in response to increasing Covid-19 restrictions and lockdowns in the region which is expected to further drag air cargo capacity. The Danish forwarder said it is adding extra freighter capacity from Hong Kong an...
Manpower is emerging as one of the biggest challenges the cargo arm of Emirates faces, Nabil Sultan, divisional senior vice president of Emirates SkyCargo, said during an interview at the Dubai Air Show.
Shanghai Pudong International Airport (PVG), one of the world's busiest cargo hubs, has unveiled the fourth phase of its expansion project which also contains plans for a new cargo area.
ANTONOV, BOLLORÉ TRANSPORT TURKISH SATELLITE TO FLORIDA
06 January 2022Antonov Airlines and Bollore Logistics have teamed-up to transport Turkey's new telecommunication satellite Turksat 5B for launch in Florida. Antonov said in a statement that the satellite was moved on board one of its AN-124-100 aircraft from To...
ATLAS AIR EXPANDS FLEET WITH ORDER OF BOEING 777 FREIGHTERS
06 January 2022Atlas Air announced that it has ordered four new Boeing 777 freighters in response to strong customer demand for dedicated international wide-body airfreight capacity, particularly in the fast-growing e-commerce and express markets.
Macau announced that it is banning flights from all destinations outside mainland China amid the surge in Omicron cases worldwide. The ban will come into effect on January 9, 2022 to January 23, 2022. This comes as its neighbour, Hong Kong, a...
CATHAY SAYS "VERY SUBSTANTIAL REDUCTIONS" TO LONG-HAUL CARGO CAPACITY TO CONTINUE IN Q1
06 January 2022Following the earlier announcement of a seven-day pause in all its long-haul freighter flights which expires January 6, Cathay Pacific Cargo said it will continue to limit this service — telling its customers that there will "continue to be very subs...
QATAR AIRWAYS CARGO RECEIVES CEIV LIVE ANIMALS CERTIFICATION
05 January 2022Qatar Airways Cargo has become the fourth airline worldwide — and the first in the Middle East to secure IATA’s CEIV Live Animals certification after Cathay Pacific, Air Canada Cargo and Turkish Cargo.
HONG KONG HALTS FLIGHTS FROM EIGHT COUNTRIES
05 January 2022Amid the recent surge in the Omicron variant of Covid-19, Hong Kong has announced that it is closing its borders to passengers from eight countries for 14 days — the UK and the US included. The ban will come into effect from January 8 and will a...