Showing posts with label air asia revenue jump. Show all posts
Showing posts with label air asia revenue jump. Show all posts

Tuesday, December 16, 2014

The logistics industry will probably be one of the first testing grounds for automated vehicles, according to a study from package delivery giant DHL.

Shipping companies will likely adopt the technology faster than other sectors, since moving cargo in non-public areas like storage facilities and warehouses provides a safer venue to test such devices, according to a study published this week by DHL, the freight and express arm of Deutsche Post AG.

Eventually vehicles might bring packages to a pick-up station where a consumer could find them, the study said.

DHL plans to “maintain pole position in the world of self-driving vehicles,” wrote Matthias Heutger and Markus Kueckelhaus, the authors of the study. "The question is no longer ‘if’ but rather ‘when’ autonomous vehicles will drive onto our streets and highways."

Source : http://www.cargobusinessnews.com/news/techwire/news2.html

Sunday, June 1, 2014


Upgrowing Malaysian airline AirAsia X Berhad achieved a revenue of 749.5 million ringgits ($233 million) for the quarter ending 31 March, while carrier cargo services geenrated 25.3 million ringgits throughout.
The cargo revenue is a 27 per cent year-on-year increase from the 19.9 million ringgits it generated in the same quarter last year. The quarter's overall revenue was a leap of 40 per cent, compared to the first three months of 2013.
Also, AirAsia X has 19 Airbus A330-300, up from 15 in December last year. The carrier has ordered 51 Airbus A330-300, with six more being leased from the International Lease Finance Corporation; bringing its fleet deliveries to 57 by 2019. The airline also has 10 Airbus A350 eXtraWideBody on order. Osman-Rani adds: "As new capacity typically takes 12-months to reach break-even, we expect to see yield improvement and an earnings turnaround in the second-half of this year." AirAsia X received one A330-300 on finance lease and two on operating lease in the first quarter.  With thirteen aircraft under operating lease as of 31 March, operating lease expenditure escalated 58.6 per cent year-on-year to 59.9 million ringgits, from 37.8 million during the same period. Due to a one-off investment in its sister airline, Indonesia AirAsia X and one aircraft delivery earlier this year under finance lease, net cash flow reduced to 136.8 million ringgits.

Source :  http://www.aircargoweek.com/news/AirAsia-X-Berhad-sees-40-revenue-jump_5243.html