SF Express offloads stock to purchase aircraft

On 22 August, rapidly growing Shenzhen-based SF Express raised US$1.2 billion from a stock placement, freeing capital it plans to use for growth-focused investments including the purchase of new aircraft, pilot recruitment, and technology R&D, according to a filing on the Shenzhen Stock exchange. Local media reports suggest that SF Express will allocate at least […]
  • Charles Kauffman
  • August 24, 2017

E-commerce drives China-Russia airfreight links

The Express Logistics arm of China Post reached an agreement with the Russian Post to have its affiliate airline, Aviastar-TU operate a TU-204-100C freighter on scheduled thrice-weekly service between Novosibirsk and Hangzhou, according to a report in Xinhua. Although flight frequencies and capacity are relatively insignificant given the volumes moving between China and Russia, they […]
  • Charles Kauffman
  • August 22, 2017

Double-digit demand growth continues in July

July results are now in from many of the world’s major cargo carriers and airports, and it appears that growth in demand for air freight is continuing to be very strong. Some carriers and airports saw better results in July than in June, while others reported smaller gains, but the overall picture is similar. We […]
  • David Harris
  • August 17, 2017

Pactl’s cargo handle up almost 15% in July

A month ago, Shanghai Pudong International Airport Cargo Terminal Co Ltd (Pactl, the biggest handler at Shanghai’s Pudong Airport) reported a 13.8% y-o-y increase in its June cargo handle to 155,000 tonnes, its biggest year-over-year gain this year. Well, that was June, and Pactl’s July results are even stronger. Pactl reported its July handle up […]
  • David Harris
  • August 9, 2017

Germany’s airports sprout cargo connections to China

Rapidly growing cross-border e-commerce coupled with the desire of Chinese express companies to add international connections to their air networks is causing a flurry of activity at German airports. Although multiple airports throughout Germany are seeing additional scheduled freighter frequencies, Frankfurt-Hahn Airport (HHN) and Hanover-Langenhagen Airport (HAJ) are two airports of particular interest for China-to-Europe […]
  • Charles Kauffman
  • July 19, 2017

Double-digit growth in air freight demand continues

With June results in from many of the world’s major cargo carriers and airports, it is clear that growth in demand for air freight is continuing to be very strong – perhaps down slightly from what we reported in May, but only slightly. And since demand worldwide (whether measured in tonnes, freight tonne kilometers, or […]
  • David Harris
  • July 17, 2017

SF Express Airlines opens new hub at Shanghai Pudong

Following the recent termination of CAAC restrictions which had for months blocked Shanghai Pudong International Airport (PVG) from launching new flights, SF Express Airlines seized the opportunity to bring China’s most populous city into its rapidly expanding air freight network. A new 25,000 sq. meter airside terminal will allow SF to connect its expansive ground […]
  • Charles Kauffman
  • July 13, 2017

2017 – the view at the halfway point

Unlike sporting events, the air freight business doesn’t have a half-time break. Work goes on without a break – around the world, around the clock, around the year. But the calendar says today is the last day of the first half of the year, so, even though business continues without a break, today is a […]
  • David Harris
  • June 30, 2017
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