Hong Kong Airlines Under Pressure to Improve Financial Situation or Lose License

Hong kong Air Transport Licensing Authority(ATLA) has informed Hong Kong Airlines(HKA) to either improve there financial situation or loose license . Early this week ATLA has informed HKA to inject cash to improve there financial situation which is deteriorating day by day else face action & loose there license to operate. ATLA has provided deadline of 07-Dec to...

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Heathrow Airport now with automated trucking updates..

Heathrow airport is now facilitated with automated trucking updates whenever a cargo is loaded or unloaded in shed . Its ground handling agents Dnata & ASC can now directly update agents & hauliers to there system / online portal whenever they are delivering or collecting cargo . General users & regular users can access these updates by small modifications...

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Tonnage up but rates to shrink in 2015 says IATA

Senior cargo executives at IATA member airlines are predicting that global air freight tonnage will increase next year at its fastest rate since 2010. Yet rates are likely to shrink by a further 5.8 per cent in real terms, intensifying pressure on margins. Brian Pearce, IATA chief economist, told a media briefing in Geneva that volume measured by freight tonne-kilometres...

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IATA figures find fair weather for freight flow

IATA’s November Airlines Financial Monitor finds good news for much of the air cargo sector as freight volumes continue to expand steadily and load factors improve on the back of growth in demand. Air freight volumes increased in October compared to September, with recent improvements driven by progress in Asia Pacific and North America due to expanding trade volumes,...

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Apple’s iPhone 6 boosts Asia-Pacific cargo numbers

SHIPMENTS of the iPhone 6 helped boost air-cargo figures in the Asia-Pacific in September, ­resulting in regional growth beating the global average. But aviation officials warn the improvement in global business confidence has stagnated and this could hit air cargo. Asia-Pacific carriers emerged from a first-quarter slowdown to post a 5.7 per cent increase in cargo traffic compared to a global average of 5.2 per cent. The International Air Transport Association said the region was benefiting...

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Air Cargo World - IATA shows robust growth in August air cargo FTKs

Global air freight markets showed continued robust growth in air cargo volumes in August, according to the latest data from The International Air Transport Association (IATA). Measured by freight-tonne-kilometers (FTKs), volumes rose 5.1% in August 2014, compared to August 2013, while capacity grew at a slower pace of 3.4% from the previous year. This is the second consecutive strong month for cargo volumes, following the 6.1% year-on-year rise recorded in July. “The outlook for air cargo...

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Air Freight Volumes Show Solid Gains

  Air freight volumes continue to show solid gains on a year ago, supported by economic improvements in some regions, says IATA in its latest quarterly cargo chartbook. But high jet fuel prices and overall weakness in yields have kept cargo financial performance from improving so far this year, adds IATA. “Emerging Asia trade volumes have rebounded...

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