The economy might be a little lazy in China, but express delivery, more than likely due to the popularity of e-commerce, shows no sign of slowing down. YTO Express Airlines, the air division of Shanghai-based YTO Express, has applied to the Civil Aviation Administration of China (CAAC) for 14 weekly frequencies between Beijing and its[…]
Brussels Airport (BRU) experienced a 2.4 percent decline in cargo demand last month, compared to January 2015, handling just over 9,500 tonnes. The decrease, according to the airport, is “entirely attributed” to losses in the full-freight segment (-11.5 percent), which is still recovering from Ethiopian Airlines’ departure from Brussels because it couldn’t get the necessary[…]
US-based PACAVI Group and Chinese MRO GAMECO expanded their A320/A321 passenger-to-freighter conversion agreement, saying they intended to jointly offer a “one-stop-shop concept, offering tailored turnkey packages of airframe sourcing, purchase, customized conversion, and leasing or sale to airline customers of all tiers, worldwide.” David Harris, editor of our sister publication, Cargo Facts, has more details… […]
This week in Montreal, 170 international experts on the International Civil Aviation Organization’s (ICAO) Committee on Aviation Environmental Protection (CAEP) unanimously recommended new environmental standards on CO2 emissions produced by aircraft. The standard has taken six years of negotiation and technical work to come together. If adopted by ICAO’s 36-state governing council, the new standard[…]
As we put a challenging 2015 behind us and look forward to 2016, work here in IATA naturally focuses on preparations for the 10th World Cargo Symposium (WCS). The theme we have chosen for this year’s event in Berlin is “the value of air cargo.” This is a wide ranging theme that can be explored[…]
Frequent shipments of automotive parts, paired with lower fuel costs, helped Japan-based forwarder Nippon Express Co. generate US$328 million in operating profit for the April-December 2015 period, which was up 12 percent, compared to last year, and its highest operating profit ever in the nine-month period. Sales were an estimated $US12.7 billion, up 2 percent[…]
