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HEBEI Aviation Group and its subsidiary Hebei Airlines has been officially established, Xinhua reported. Hebei Airlines is the core business of the Hebei Aviation Group. The group holds 62 per cent's stake in the carrier. Sichuan Airlines and another company from Shenyang hold 35 and three per cent respectively. Board of director of Hebei Aviation ...
GERMANY's Fraport AG based at Frankfurt Airport (FRA) has recorded a 32.2 per cent increase in airfreight in the first half of the year compared to the same period last year to hit one million tons of cargo. First half passenger figures also saw a 1.4 per cent increase, with 24.5 million passengers using the airport. "Indeed, three new June monthly...
RUSSIAN flag-carrier Aeroflot's drive to upgrade its fleet with Western aircraft has been criticised by Prime Minister Vladimir Putin after buying Boeing and Airbus planes over Russian Superjet aircraft, reports the Moscow Times. A recent meeting between Mr Putin and Aeroflot CEO Vitaly Savelyev, a former deputy economic development and trade minister, avi...
ASIANA AIRLINES plans to join Hartsfield-Jackson Atlanta International Airport's growing list of all-cargo carriers, effective September 13. Asiana Airlines will operate a Boeing 747-400 freighter with four weekly flights to Seoul from Atlanta. The service is expected to create up to 25 jobs and produce an annual economic impact of US$24 million region...
AIR freight movements for NYK's unit Nippon Cargo Airlines (NCA) have begun to pick up, but remain 20-30 per cent below 2007 highs, according to the group's annual report. For NYK's fiscal 2010, NCA cargo revenue was down 21.2 per cent to JPY62.6 billion, representing an operating loss of JPY15.4 billion (US$1.7 million), said the Japanese shipping g...
CSX Corporation has posted a second quarter net profit of US$414 million, an increase of 36 per cent compared to the same period last year on the back of higher volumes and revenues. Second quarter revenue was $2.7 billion, up 22 per cent year on year, reports the American Shipper. The company said intermodal revenue was up seven per cent to $304 millio...
The International Air Transport Association (IATA) announced the standardization of cargo liability limits. With regulatory approval and with effect from 1 July 2010, the Air Waybill (AWB) Conditions of Contract (IATA Resolution 600b) have been changed to harmonize the application of the Montreal Convention liability limit for all air cargo across all route...
Cathay Pacific Airways and sister airline Dragonair have announced a year-on-year cargo and mail volume increase of 19.9 per cent to 148,520 tons in June, the Shipping Gazette informs. The month's cargo and mail load factor stood at 75.4 per cent, up 4.1 percentage points, while capacity increased 19.2 per cent. First half year tonnage grew 24.4 per ce...
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
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