Tianjin Cargo Airlines prepares to fly, as HNA looks to the future

China-based all-cargo startup Tianjin Cargo Airlines received certification from the Civil Aviation Administration of China, and will likely start service in early 2018. The carrier is a joint venture among three consortia (Tianjin Aviation Logistics Development Co., Ltd., Sky Holdings Co., Ltd., and Yang Hang Investment) that are controlled by heavy-hitting players in the industry, […]
  • David Harris
  • November 22, 2017

HACTL in the midst of record peak, even as growth rates are slow

Despite slowing year-over-year growth rates in monthly annual comparisons, demand for air freight is still extremely strong. Hong Kong Air Cargo Terminals Limited (Hactl) reported it had broken three records during the first week of November, indicating the industry’s position in the middle of a great peak season. For the first time ever, on 5 […]
  • Charles Kauffman
  • November 15, 2017

World’s Top 50 Cargo Airports — Part I

According to data supplied by the Airports Council International (ACI), airports worldwide handled a total of 103.1 million tonnes of freight (not including mail) in 2016, up 4.0% over the 2015 total. Of the almost 2,500 ACI member airports, 1,600 reported handling some freight, with the fifty busiest airports handling 69.1 million tonnes, 67.1% of […]
  • David Harris
  • November 2, 2017

Cargo shines in Cathay’s dark first half

The Cathay Pacific Group reported a net loss of US$262 million in the first half of 2017, down from a profit of $45 million in 1H16, as the carrier’s passenger business struggled in the face of increasing competition from airlines based in mainland China. On the cargo side, however, there was nothing but good news. […]
  • David Harris
  • August 18, 2017

Cathay and DHL plan reorganization of Air Hong Kong

In an announcement on the Hong Kong Stock Exchange, Cathay Pacific Airways and DHL Express said they had entered into a non-binding memorandum of understanding covering a change in ownership of their Hong Kong-based joint-venture all-cargo airline, Air Hong Kong (AHK). In the MoU, the two companies say “it is contemplated that” three major changes […]
  • David Harris
  • July 11, 2017

YTO Express acquires OTEL to use as springboard for international expansion

On 8 May, Shanghai-headquartered courier, YTO Express announced its intention to acquire a 61.87% stake in Hong Kong-based forwarder and logistics specialist, On Time Logistics (OTEL), and establish its international business headquarters in Hong Kong. The acquisition will support YTO’s efforts to go global by leveraging OTEL’s international business expertise, global network of 52 offices […]
  • Charles Kauffman
  • May 17, 2017

Top 20 cargo airports for 2016

According to preliminary data from the Airports Council International, total cargo handled (loaded and unloaded freight and mail) by airports worldwide in 2016 was up 3.3% over 2015 to about 106 million tonnes. International freight handled was up 4.3% to about 66 million tonnes, accounting for a little more than 62% of the total volume. […]
  • David Harris
  • April 19, 2017

Huge jump in Hong Kong cargo volume

Hong Kong International Airport reported cargo volume in March up 17.7% y-o-y, to 433,000 tonnes. In 2015, cargo volume growth at HKIA  stalled, and the Airport’s full-year handle was up just one-tenth of one percent over 2014. This stagnation continued through the first half of 2016, and, despite a strong finish in the last few months, full-year […]
  • David Harris
  • April 17, 2017
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