AAPA: International air cargo rises in February due to strengthening trade
The Association of Asia Pacific Airlines (AAPA) released preliminary traffic figures that showed a 7.6% year-over-year increase in international air ...
Tag: Asia Pacific
PE firms are feasting on China’s $5.5 billion logistics M&A
Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for ...
Kuehne+Nagel to acquire Apex
Swiss logistics company Kuehne+Nagel has agreed to acquire Apex Logistics, one of the largest Asia-based freight forwarders, in a deal ...
Astral expands widebody and narrowbody capacity
Having recently introduced its first 767F, Kenya-based Astral Aviation will soon also add another 727F to its fleet. The carrier ...
Pallet and ULD supply tighten on trans-Pacific lanes
The COVID-19 pandemic has shaken up the types of aircraft utilized to transport trans-Pacific cargo flows across the Pacific, and ...
Korean Air acquires Asiana, more consolidation expected
The global air market consolidation is underway as Korean Air announced its intentions to acquire Asiana Airlines this week. Combined, ...
Weekly Wrap: COVID-19 piques online shopping, freighter conversions
Reassuring news came out this week that COVID-19 vaccines candidates being developed by pharmaceutical companies like Pfizer and Astra Zeneca ...
JD.com boosts charter flights, identifies air hub
JD Logistics is ramping up its airfreight operation and has chartered a 737-300F (29410, ex-China Eastern) from Zhongyuan Longhao Airlines. ...
