The newly formed Global Air Cargo Advisory Group said supply chain security programmes introduced by its member states should be established on common principles and platforms. The powerful new grouping comprises The International Air Cargo Association (Tiaca), the International Air Transport Association (IATA), the International Federation of Freight F...
ASIA and Latin America now control the world's five largest airlines, highlighting the shift in the aviation industry away from traditional markets in the US and Europe to emerging nations that are experiencing higher growth rates, according to the International Air Transport Association. Air China is double the size of Delta in the US and Germany's L...
EVA AIRWAYS, Taiwan's largest international carrier, is starting a new service from Taipei to Jinan, the capital city in eastern Shandong Province, using an Airbus A330-200. The weekly flight is scheduled to depart on Saturdays at 16.25 hours local time from Taiwan Taoyuan International Airport and land in Jinan International Airport at 19.35 hrs. The ...
ASIAN demand has prompted European aircraft maker Airbus to upwardly revise its 20-year forecast for the civil aviation market to US$3.2 trillion, based on anticipation that airlines will take delivery of 26,000 new cargo and passenger planes with more than 100 seats by 2030. This increases Airbus' 2009 year-end forecast deliveries from 25,000 planes f...
EVA Airways, Taiwan's second-largest airline by revenue after China Airlines, plans to acquire a 16 percent stake in China Cargo Airlines for US$49.24 million, reported Dow Jones Newswires. EVA Airways didn't elaborate in its statement. Shanghai-based China Cargo Airlines is a joint venture between China Eastern Airlines and China Ocean Shipping (Gro...
The new Transport Minister has accused some of Britain's most popular online shops of unfairly abandoning Scotland just before Christmas after they suspended taking orders from customers north of the Border, reported The Telegraph. In a strongly-worded attack, Keith Brown described as "unreasonable" the decision by Marks & Spencer, Tesco and Sainsb...
EGL Inc, one of two American freight companies to reach a settlement over the alleged air cargo cartel, faces a US$1.15 million fine for its role in fixing freight forwarding prices. The Texas-based company admitted breaching the Commerce Act by entering into a surcharge agreement with rivals that controlled and maintained prices for freight forwarding ...
SOUTH KOREA's Hanjin Heavy Industries and Construction Co., Ltd has clinched a US$115 million contract to construct a runway and other facilities for a green field airport development at Duqm, a port town on the Arabian Sea in central-eastern Oman, in the Al Wusta region. Hanjin Heavy Industries & Construction (HHIC) will build the main airfield in...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi