Asia

ATSG forecasts “solid growth into the next decade”

ATSG forecasts “solid growth into the next decade”

May 4, 2017 at 10:37 am 0 comments

Air Transport Services Group (ATSG) reported first-quarter net income up 21.5% y-o-y to $10.0 million as net revenue jumped 34.1% to $238 million. Operating income for the quarter was up 15.6% to $17.7 million. Adjusting for the impact of non-cash expenses related to warrants associated with ATSG’s agreement with Amazon,Read More

China’s number-two e-tailer launches 3PL division

China’s number-two e-tailer launches 3PL division

May 1, 2017 at 9:43 am 0 comments

Last week, Beijing-based JD.com announced it was moving forward with plans to formalize a logistics division, “JD Logistics” in support of the growing demand for express delivery services for its booming e-tailing business. Similar to Amazon’s Fulfillment by Amazon (FBA) program, the new division will provide third parties access toRead More

China’s B2B express volume to grow dramatically

China’s B2B express volume to grow dramatically

April 27, 2017 at 10:17 am 0 comments

SHANGHAI – The freighter fleets of China’s express companies are growing rapidly as an increasing proportion of retail spending moves online—but that’s only half the reason express companies are adding airfreight capacity as quickly as possible. Yesterday at Cargo Facts Asia 2017 in Shanghai, Peter Huang, director of corporate planning atRead More

PEMCO launches 737-700 conversion programs, books launch order

PEMCO launches 737-700 conversion programs, books launch order

April 26, 2017 at 9:53 am 0 comments

SHANGHAI – At the Cargo Facts Asia event in Shanghai today, PEMCO World Air Services formally launched passenger-to-freighter and passenger-to-combi programs for Boeing’s 737-700. PEMCO, which was recently acquired by Air Transport Services Group, also announced a launch order from Bahrain-based Chisholm Enterprises, parent of charter operator Texel Air, forRead More

EFW offers “14 + 10” pallet positions on A321 P-to-F

EFW offers “14 + 10” pallet positions on A321 P-to-F

April 26, 2017 at 9:53 am 0 comments

SHANGHAI: At the Cargo Facts Asia event in Shanghai yesterday, Wolfgang Schmid, EFW’s VP Sales & Marketing, announced that the company’s A321 passenger-to-freighter conversion would offer fourteen full-size (AAY) main-deck pallet positions, plus ten LD3-45W positions in the lower hold. This, EFW says, means that its A321P2F will offer theRead More

ACMG releases new, enhanced 20-year freighter forecast

ACMG releases new, enhanced 20-year freighter forecast

April 25, 2017 at 10:01 am 0 comments

SHANGHAI — ACMG, a leading global air cargo consultancy and parent of this newsletter, today released its 20-year Freighter Forecast for 2017 – 2036 with yet more enhancements on top of those unveiled in 2016. The report was released at the 6th annual Cargo Facts Asia event in Shanghai today.Read More

Regulatory simplification in India leads DHL to €250 million investment

Regulatory simplification in India leads DHL to €250 million investment

April 24, 2017 at 10:34 am 1 comment

When Narendra Modi took power as Prime Minister of India in 2014, it was on the promise of a boost to the economic wellbeing of all Indians through a program he called “Make in India.” In brief, his plan was to create jobs in twenty-five sectors of the economy throughRead More

Hong Kong Airlines web

Hong Kong Air Cargo receives AOC

April 21, 2017 at 10:25 am 2 comments

It’s not every day a Hong Kong-based startup receives an Air Operator’s Certificate, in fact, it has been about twelve years since the last new-issue permit. Today, that changed when Hong Kong Air Cargo, a spin-off from combination carrier, Hong Kong Airlines was granted an AOC. More details are expectedRead More