Asia’s competitive airline environment is placing intense profitability pressure on carriers in the region, but the focus on costs will not see air cargo shippers facing the wide scale route cutbacks, reduced frequencies and rolled shipments that have afflicted their ocean freight counterparts.
19 Nov 2014
Air cargo is going through a period of adjustment that will keep profitability largely out of reach for the world’s carriers until more of a balance is achieved between cargo capacity and demand.
17 Nov 2014
The strong rebound of trans-Pacific trade will ensure the air cargo industry enjoys a happy festive season this year, but few are prepared to forecast the robust growth will continue much past Chinese New Year.
13 Nov 2014
Shippers of trans-Pacific ocean freight trying to avoid crippling West Coast port congestion are turning to air cargo in such numbers that forwarders report prices going “through the roof.”
03 Nov 2014
Cathay Pacific will launch a new freighter service to Cambodia’s capital of Phnom Penh later this month, strengthening its Asia-Pacific network on the back of industry data that shows airlines in the region growing by almost 6 percent in September compared to the same month last year.
16 Oct 2014
Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.
15 Sep 2014
Strong air cargo traffic out of Asia continued to lift Cathay Pacific volumes with August figures soaring almost 20 percent year-over-year and the Apple iPhone 6 launch expected to keep traffic high through September.
14 Aug 2014
Cathay Pacific’s strong start to the year continued into July when robust growth in its air freight tonnage ou
13 Aug 2014
Hong Kong-flag carrier Cathay Pacific reported today that its group profit skyrocketed more than 14-fold in the first half of 2014 from a year earlier...
31 Jul 2014
Singapore Airlines had a bad start to its financial year, ending the first quarter with earnings down 70 percent as yields weakened in the face of intense competition from regional and Middle East airlines.
17 Jul 2014
When Cathay Pacific left Hong Kong Air Cargo Terminals (Hactl) a year ago to start its own freight busines
14 Jul 2014
Robust demand out of Hong Kong and China in June saw cargo and mail carried on Cathay Pacific and Dragonair gro